Investment Climate Around the World : Voices of the Firms from the World Business Environment Survey
The analysis of firm-level data collected through parallel international enterprise surveys can reveal important linkages between governance constraints and business growth and investment. The World Business Environment Survey (WBES), an initiative...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/05/2386457/investment-climate-around-world-voices-firms-world-busines-environment-survey-wbes http://hdl.handle.net/10986/15143 |
| Summary: | The analysis of firm-level data
collected through parallel international enterprise surveys
can reveal important linkages between governance constraints
and business growth and investment. The World Business
Environment Survey (WBES), an initiative led by the World
Bank Group in 1999 and 2000, collected enterprise data from
more than 10,000 firms in 80 countries. Econometric analysis
of responses to that survey points to a strong association
between corruption, financing, regulatory and tax
constraints, policy uncertainty, and protection of
intellectual property rights with firm-level performance, as
measured by sales and investment growth and participation in
the formal economy. This book present the core WBES
questionnaire and survey findings, and confirms the
significance of key country conditions on the firm
performance and behavior. The finding provide a basis for
regional comparison, but suggest the need for caution when
averaging across categories, especially in light of country
conditions that can significantly affect firm-level sales
and investment. |
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