Arbeitspapier
Do business-friendly reforms boost GDP?
We use the time series variation in the World Bank's "distance to frontier" estimates of the ease of doing business to assess the effects of changes in this variable on real GDP per capita. The use of Vector Autoregression techniques allows us to identify shocks to the ease of doing business that are initially uncorrelated with GDP, thus addressing an important endogeneity problem that affects the cross-sectional literature on this topic. The results are surprising. We report a robust finding that improvements to the ease of doing business have at least a temporary negative impact on GDP and find little evidence for a positive effect in the years following these improvements.
- Sprache
-
Englisch
- Erschienen in
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Series: UCD Centre for Economic Research Working Paper Series ; No. WP19/30
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Adhikari, Tamanna
Whelan, Karl
- Ereignis
-
Veröffentlichung
- (wer)
-
University College Dublin, UCD Centre for Economic Research
- (wo)
-
Dublin
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Adhikari, Tamanna
- Whelan, Karl
- University College Dublin, UCD Centre for Economic Research
Entstanden
- 2019