The Effects of Business Environments on Development : Surveying New Firm-level Evidence Xu, Lixin Colin 2013-05-21T22:11:41Z 2013-05-21T22:11:41Z 2011-08-01
dc.description.abstract In the past decade, the World Bank has promoted improving business environments as a key strategy for development, which has led to a significant effort in collecting surveys of the investment climate at the firm level across countries. The author examines the lessons that have emerged from the papers using these new data. The key finding is that the effects of business environments are heterogeneous and depend crucially on industry, initial conditions, and complementary institutions. Some elements of the business environment, such as labor flexibility, low entry and exit barriers, and a reasonable protection from the “grabbing hands” of the government, seem to matter a great deal for most economies. Other elements, such as infrastructure and contracting institutions (that is, courts and access to finance), hinge on their initial status and the size of the market. en
dc.identifier.citation World Bank Research Observer
dc.identifier.issn 1564-6971
dc.identifier.other doi:10.1093/wbro/lkq012
dc.language.iso en_US
dc.publisher World Bank
dc.relation.ispartofseries World Bank Research Observer
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights.holder World Bank
dc.subject corporate taxes
dc.subject deregulation
dc.subject economic activity
dc.subject economic circumstances
dc.subject economic development
dc.subject economic growth
dc.subject empirical studies
dc.subject Environments
dc.subject government regulations
dc.subject market competition
dc.subject private property
dc.subject producers
dc.subject production costs
dc.subject property rights
dc.subject public goods
dc.subject retained earnings
dc.subject tax rates
dc.subject transaction costs
dc.subject unemployment
dc.subject wages
dc.title The Effects of Business Environments on Development : Surveying New Firm-level Evidence en
dc.type Journal Article en
dc.type Article de journal fr
dc.type Artículo de revista es
dspace.entity.type Publication
dspace.entity.type Publication
okr.crosscuttingsolutionarea Jobs 2013-02-01
okr.doctype Journal Article
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Social Protection and Labor
okr.globalpractice Environment and Natural Resources
okr.globalpractice Finance and Markets
okr.globalpractice Transport and ICT
okr.globalpractice Trade and Competitiveness
okr.identifier.doi 10.1093/wbro/lkq012
okr.journal.nbpages 310-340
okr.language.supported en
okr.peerreview Academic Peer Review
okr.topic Environment :: Environmental Economics & Policies
okr.topic Finance and Financial Sector Development :: Access to Finance
okr.topic Finance and Financial Sector Development :: Banks & Banking Reform
okr.topic Finance and Financial Sector Development :: Debt Markets
okr.topic Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic Macroeconomics and Economic Growth :: Political Economy
okr.topic Private Sector Development :: E-Business
okr.topic Private Sector Development :: Emerging Markets
okr.topic Social Protections and Labor :: Labor Policies
okr.volume 26(2)
relation.isJournalIssueOfPublication d4528ba7-31c8-4f47-8936-941115ec8a42
relation.isJournalOfPublication 9e5fbe82-492f-4142-8378-17d50245d9de
relation.isJournalVolumeOfPublication 61faf3f2-961c-4f35-99db-1c8ec8c2ccfb
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