Regulation and growth

Using objective measures of business regulations in 135 countries, we establish that countries with better regulations grow faster. Improving from the worst quartile of business regulations to the best implies a 2.3 percentage point increase in annual growth.

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Veröffentlicht in:Economics letters 2006-09, Vol.92 (3), p.395-401
Hauptverfasser: Djankov, Simeon, McLiesh, Caralee, Ramalho, Rita Maria
Format: Artikel
Sprache:eng
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Zusammenfassung:Using objective measures of business regulations in 135 countries, we establish that countries with better regulations grow faster. Improving from the worst quartile of business regulations to the best implies a 2.3 percentage point increase in annual growth.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2006.03.021