The Impact of Business Regulatory Reforms on Economic Growth
Journal article: I investigate the link between business regulatory reforms and economic growth in 172 countries. I create a 5 year dataset on business regulatory reforms from the World Bank's Doing Business reports. Then, I test the hypothesis that business regulatory reforms increase economic growth, using data on micro-economic reforms. These data do not suffer the endogeneity issues associated with other datasets on changes in economic institutions. The results provide a robust support for the claim that business regulatory reforms are good for economic growth. The paper establishes that, on average, each business regulatory reform is associated with a 0.15% increase in growth rate of GDP.
Author(s)
Jamal Ibrahim Haidar
Journal
- Journal of the Japanese and International Economies
Date of publication
- 2012
Keywords JEL
Keywords
- Economic Growth
- Growth
Pages
- 285-307
URL of the HAL notice
Version
- 1
Volume
- 26