Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys

This paper examines the relationship between firm performance and growth and the business environment in the countries of the South Asia Region -- Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka -- using firm-level...

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Main Authors: Carlin, Wendy, Schaffer, Mark
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/08/16584969/understanding-business-environment-south-asia-evidence-firm-level-surveys
http://hdl.handle.net/10986/11995
id okr-10986-11995
recordtype oai_dc
spelling okr-10986-119952021-04-23T14:02:58Z Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys Carlin, Wendy Schaffer, Mark ABATEMENT BUSINESS ENVIRONMENT CAPITAL MARKET COMPETITIVE BEHAVIOR CONCEPTUAL FRAMEWORK CUSTOMS ELECTRICITY ELECTRONICS INDUSTRY EMPLOYMENT EMPLOYMENT CREATION ENTERPRISE SURVEY ENTERPRISE SURVEYS EXPANSION EXPENDITURES FINANCIAL CONSTRAINTS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCIAL SYSTEM FIRM SIZE FIRMS GOVERNMENT POLICY INSPECTIONS JOB CREATION LABOR FORCE LABOR PRODUCTIVITY LEGAL SYSTEM LICENSING MANUFACTURING MATERIAL MNC MULTINATIONAL MULTINATIONAL COMPANIES OPEN ACCESS PERFORMANCE INDICATOR PERFORMANCE INDICATORS PERFORMANCE MEASURE PERFORMANCE MEASURES PHYSICAL INFRASTRUCTURE POLICY ENVIRONMENT POLICY MAKERS PRODUCT INNOVATION PRODUCTION PROCESS PUBLIC GOOD PUBLIC GOODS PUBLIC INFRASTRUCTURE R&D RELIABILITY RESULT RESULTS RETENTIONS SHADOW PRICES SUPPLY OF WATER TAX RATES TAXATION TELECOMMUNICATIONS TRANSPORT INFRASTRUCTURE UNFAIR COMPETITION USES WATER PROBLEMS WATER SUPPLY WEB This paper examines the relationship between firm performance and growth and the business environment in the countries of the South Asia Region -- Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka -- using firm-level data from the World Bank's Enterprise Surveys. The analysis uses an approach in which the responses of firms to questions about the quality of the business environment can be interpreted as shadow prices: estimations by managers of the cost imposed on the firm by inadequacies of an aspect of the business environment -- public inputs such as regulation, physical infrastructure, availability of skilled labor, macroeconomic conditions, rule of law, etc. -- for the growth of their firm. The analysis finds, in line with this approach, that higher-productivity and better-performing firms in the region, and in particular firms that recently expanded their employment and created jobs, report significantly higher constraints in terms of the supply of public inputs. The authors discuss the differences across countries in the importance of various industries, how they relate to various firm characteristics, how informal and rural sector firms are constrained by public inputs, and how firms in the South Asia Region countries compare with firms in the rest of the world. 2012-12-21T19:15:01Z 2012-12-21T19:15:01Z 2012-08 http://documents.worldbank.org/curated/en/2012/08/16584969/understanding-business-environment-south-asia-evidence-firm-level-surveys http://hdl.handle.net/10986/11995 English en_US Policy Research working paper;no. 6160 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABATEMENT
BUSINESS ENVIRONMENT
CAPITAL MARKET
COMPETITIVE BEHAVIOR
CONCEPTUAL FRAMEWORK
CUSTOMS
ELECTRICITY
ELECTRONICS INDUSTRY
EMPLOYMENT
EMPLOYMENT CREATION
ENTERPRISE SURVEY
ENTERPRISE SURVEYS
EXPANSION
EXPENDITURES
FINANCIAL CONSTRAINTS
FINANCIAL INSTITUTIONS
FINANCIAL RESOURCES
FINANCIAL SYSTEM
FIRM SIZE
FIRMS
GOVERNMENT POLICY
INSPECTIONS
JOB CREATION
LABOR FORCE
LABOR PRODUCTIVITY
LEGAL SYSTEM
LICENSING
MANUFACTURING
MATERIAL
MNC
MULTINATIONAL
MULTINATIONAL COMPANIES
OPEN ACCESS
PERFORMANCE INDICATOR
PERFORMANCE INDICATORS
PERFORMANCE MEASURE
PERFORMANCE MEASURES
PHYSICAL INFRASTRUCTURE
POLICY ENVIRONMENT
POLICY MAKERS
PRODUCT INNOVATION
PRODUCTION PROCESS
PUBLIC GOOD
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
R&D
RELIABILITY
RESULT
RESULTS
RETENTIONS
SHADOW PRICES
SUPPLY OF WATER
TAX RATES
TAXATION
TELECOMMUNICATIONS
TRANSPORT INFRASTRUCTURE
UNFAIR COMPETITION
USES
WATER PROBLEMS
WATER SUPPLY
WEB
spellingShingle ABATEMENT
BUSINESS ENVIRONMENT
CAPITAL MARKET
COMPETITIVE BEHAVIOR
CONCEPTUAL FRAMEWORK
CUSTOMS
ELECTRICITY
ELECTRONICS INDUSTRY
EMPLOYMENT
EMPLOYMENT CREATION
ENTERPRISE SURVEY
ENTERPRISE SURVEYS
EXPANSION
EXPENDITURES
FINANCIAL CONSTRAINTS
FINANCIAL INSTITUTIONS
FINANCIAL RESOURCES
FINANCIAL SYSTEM
FIRM SIZE
FIRMS
GOVERNMENT POLICY
INSPECTIONS
JOB CREATION
LABOR FORCE
LABOR PRODUCTIVITY
LEGAL SYSTEM
LICENSING
MANUFACTURING
MATERIAL
MNC
MULTINATIONAL
MULTINATIONAL COMPANIES
OPEN ACCESS
PERFORMANCE INDICATOR
PERFORMANCE INDICATORS
PERFORMANCE MEASURE
PERFORMANCE MEASURES
PHYSICAL INFRASTRUCTURE
POLICY ENVIRONMENT
POLICY MAKERS
PRODUCT INNOVATION
PRODUCTION PROCESS
PUBLIC GOOD
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
R&D
RELIABILITY
RESULT
RESULTS
RETENTIONS
SHADOW PRICES
SUPPLY OF WATER
TAX RATES
TAXATION
TELECOMMUNICATIONS
TRANSPORT INFRASTRUCTURE
UNFAIR COMPETITION
USES
WATER PROBLEMS
WATER SUPPLY
WEB
Carlin, Wendy
Schaffer, Mark
Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
geographic_facet South Asia
South Asia
relation Policy Research working paper;no. 6160
description This paper examines the relationship between firm performance and growth and the business environment in the countries of the South Asia Region -- Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka -- using firm-level data from the World Bank's Enterprise Surveys. The analysis uses an approach in which the responses of firms to questions about the quality of the business environment can be interpreted as shadow prices: estimations by managers of the cost imposed on the firm by inadequacies of an aspect of the business environment -- public inputs such as regulation, physical infrastructure, availability of skilled labor, macroeconomic conditions, rule of law, etc. -- for the growth of their firm. The analysis finds, in line with this approach, that higher-productivity and better-performing firms in the region, and in particular firms that recently expanded their employment and created jobs, report significantly higher constraints in terms of the supply of public inputs. The authors discuss the differences across countries in the importance of various industries, how they relate to various firm characteristics, how informal and rural sector firms are constrained by public inputs, and how firms in the South Asia Region countries compare with firms in the rest of the world.
format Publications & Research :: Policy Research Working Paper
author Carlin, Wendy
Schaffer, Mark
author_facet Carlin, Wendy
Schaffer, Mark
author_sort Carlin, Wendy
title Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
title_short Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
title_full Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
title_fullStr Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
title_full_unstemmed Understanding the Business Environment in South Asia : Evidence from Firm-Level Surveys
title_sort understanding the business environment in south asia : evidence from firm-level surveys
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2012/08/16584969/understanding-business-environment-south-asia-evidence-firm-level-surveys
http://hdl.handle.net/10986/11995
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