Showing 1 - 10 of 36
Over the last three decades, China's product, labor, and capital markets have become gradually more integrated within its borders, although integration has been significantly slower for capital markets. There remains a significant urban-rural divide, and Chinese cities tend to be under-sized by...
Persistent link: https://www.econbiz.de/10012551128
This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help. Using a cross-region Chinese dataset, the analysis...
Persistent link: https://www.econbiz.de/10012551285
This paper combines firm-level data from 89 countries with updated country-level data on financial structure, and uses two estimation approaches. It finds that in low-income countries, labor growth is swifter in countries with a higher level of private credit/gross domestic product; the positive...
Persistent link: https://www.econbiz.de/10012551380
Africa's economic performance has been widely viewed with pessimism. This paper uses firm-level data for 89 countries to examine formal firm performance. Without controls, manufacturing African firms do not perform much worse than firms in other regions. But they do have structural problems,...
Persistent link: https://www.econbiz.de/10012557983
The authors use a new data set on firms in 13 countries of the Southern African Development Community (SADC) and comparators from other regions to identify the benefits and determinants of FDI in this region. Foreign Direct Investment (FDI) has facilitated local development in the SADC....
Persistent link: https://www.econbiz.de/10012562867
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...
Persistent link: https://www.econbiz.de/10012562929
We investigate how the effects of the business environment depend on whether the measure is de jure or de facto, and how the business environment effects differ by ownership. Four aspects of the business environment are found to be relatively robust by multiple data sources: access to finance,...
Persistent link: https://www.econbiz.de/10012803212
In the past decade, the World Bank has promoted improving business environments as a key strategy for development, which has resulted in a significant amount of investment in collecting firm-level investment climate surveys across countries. What lessons have emerged from the papers using these...
Persistent link: https://www.econbiz.de/10012551618
The causes and consequences of foreign direct investment (FDI) in developing countries remains a subject of debate among researchers and policymakers alike. The authors use international data and a new micro-data set of firms in thirteen Southern African Developing Countries (SADCs) to...
Persistent link: https://www.econbiz.de/10012551647
This paper uses data from a large survey of Chinese firms to investigate whether local government efforts to facilitate market development improve firm efficiency. Both government provision of information about products, markets, and innovation and government assistance in arranging loans are...
Persistent link: https://www.econbiz.de/10012560796