Publication
Jan 2009
This paper discusses the role of regulatory barriers in inhibiting entrepreneurship, investment and employment. It utilizes a five-year panel of data on regulations and procedures from the World Bank's Doing Business project, along with Arellano-Bond dynamic panel estimators, looking for evidence that regulatory reforms lead to higher aggregate investment rates (roughly, factor demand) or GDP growth conditional on investment rates (roughly, factor productivity).
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English (PDF, 51 pages, 906 KB) |
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Author | Benjamin P Eifert |
Series | CGD Working Papers |
Issue | 159 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2009 Center for Global Development (CGD) |