The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities

Using firm-level data covering 709 cities in 128 countries, this paper examines the role of a comprehensive list of business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis finds ba...

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Main Authors:	Reyes, Jose Daniel, Roberts, Mark, Xu, Lixin Colin
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ECONOMIC GROWTH BUSINESS ENVIRONMENT PRODUCTIVITY EMPLOYMENT LABOR POLICY TAXATION
Online Access:	http://documents.worldbank.org/curated/en/405301498483410102/The-heterogeneous-growth-effects-of-the-business-environment-firm-level-evidence-for-a-global-sample-of-cities http://hdl.handle.net/10986/27612

id	okr-10986-27612
recordtype	oai_dc
spelling	okr-10986-276122021-06-08T14:42:47Z The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities Reyes, Jose Daniel Roberts, Mark Xu, Lixin Colin ECONOMIC GROWTH BUSINESS ENVIRONMENT PRODUCTIVITY EMPLOYMENT LABOR POLICY TAXATION Using firm-level data covering 709 cities in 128 countries, this paper examines the role of a comprehensive list of business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis finds basic protection, access to finance and infrastructure, and the existence of a strong agglomeration environment to be critically important. By contrast, human capital and a list of refined business environment variables related to labor regulations, tax, and land access are found to be relatively unimportant. The analysis also finds that the effects of the business environment vary according to firm size, age, sector affiliation, and the host country's level of development. The research suggests that it pays to be comprehensive about the business environment and that attention to heterogeneity is important. 2017-07-17T21:59:25Z 2017-07-17T21:59:25Z 2017-06 Working Paper http://documents.worldbank.org/curated/en/405301498483410102/The-heterogeneous-growth-effects-of-the-business-environment-firm-level-evidence-for-a-global-sample-of-cities http://hdl.handle.net/10986/27612 English en_US Policy Research Working Paper;No. 8114 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
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	ECONOMIC GROWTH BUSINESS ENVIRONMENT PRODUCTIVITY EMPLOYMENT LABOR POLICY TAXATION
spellingShingle	ECONOMIC GROWTH BUSINESS ENVIRONMENT PRODUCTIVITY EMPLOYMENT LABOR POLICY TAXATION Reyes, Jose Daniel Roberts, Mark Xu, Lixin Colin The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
relation	Policy Research Working Paper;No. 8114
description	Using firm-level data covering 709 cities in 128 countries, this paper examines the role of a comprehensive list of business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis finds basic protection, access to finance and infrastructure, and the existence of a strong agglomeration environment to be critically important. By contrast, human capital and a list of refined business environment variables related to labor regulations, tax, and land access are found to be relatively unimportant. The analysis also finds that the effects of the business environment vary according to firm size, age, sector affiliation, and the host country's level of development. The research suggests that it pays to be comprehensive about the business environment and that attention to heterogeneity is important.
format	Working Paper
author	Reyes, Jose Daniel Roberts, Mark Xu, Lixin Colin
author_facet	Reyes, Jose Daniel Roberts, Mark Xu, Lixin Colin
author_sort	Reyes, Jose Daniel
title	The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
title_short	The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
title_full	The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
title_fullStr	The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
title_full_unstemmed	The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities
title_sort	heterogeneous growth effects of the business environment : firm-level evidence for a global sample of cities
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/405301498483410102/The-heterogeneous-growth-effects-of-the-business-environment-firm-level-evidence-for-a-global-sample-of-cities http://hdl.handle.net/10986/27612
_version_	1764465490998067200

The Heterogeneous Growth Effects of the Business Environment : Firm-Level Evidence for a Global Sample of Cities

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