Doing Business in Lao PDR : Constraints to Productivity

Overall, the investment climate seems to have deteriorated in Lao PDR between 2012 and 2016. In the 2012 survey, not one area of the investment climate was identified as a serious problem by more than 20 percent of firms. In the 2016 survey, there were six areas where more than 20 percent of firms...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	FIRM PRODUCTIVITY COMPETITIVENESS CAPITAL INTENSITY INVESTMENT CLIMATE BUSINESS ENVIRONMENT MANUFACTURING CONSTRAINTS OWNERSHIP LABOR PRODUCTIVITY LABOR MARKET FIRM PERFORMANCE
Online Access:	http://documents.worldbank.org/curated/en/799691518210731980/Doing-business-in-Lao-PDR-constraints-to-productivity http://hdl.handle.net/10986/29384

id	okr-10986-29384
recordtype	oai_dc
spelling	okr-10986-293842021-09-11T05:10:47Z Doing Business in Lao PDR : Constraints to Productivity World Bank Group FIRM PRODUCTIVITY COMPETITIVENESS CAPITAL INTENSITY INVESTMENT CLIMATE BUSINESS ENVIRONMENT MANUFACTURING CONSTRAINTS OWNERSHIP LABOR PRODUCTIVITY LABOR MARKET FIRM PERFORMANCE Overall, the investment climate seems to have deteriorated in Lao PDR between 2012 and 2016. In the 2012 survey, not one area of the investment climate was identified as a serious problem by more than 20 percent of firms. In the 2016 survey, there were six areas where more than 20 percent of firms identified areas of the investment climate as a serious problem. Although this could suggest a deteriorating investment climate, it might also reflect growing willingness to express opinions. Perceptions regarding the severity of main constraints also differ between various company types. For exporters, which are the companies that are best placed to expand and generate (job) growth in Lao PDR, informal practices of other firms (including other formal firms), tax rates, transportation, electricity, worker education, and trade regulations, are the areas identified as serious problems. Addressing these issues will be critical to support export-led growth in Lao PDR. This report also analyzes firm level productivity based on the data available and finds that Lao PDR’s enterprises are not productive compared to firms in neighboring countries. For example, the median level of labor productivity is lower in Lao PDR than in either Cambodia or Vietnam, and labor productivity in the most productive firms is significantly lower in Lao PDR compared to the other two countries; also, total factor productivity is generally higher in Vietnam than in Lao PDR. In addition, firms in Lao PDR also generally use significantly less capital than companies in Cambodia or Vietnam. 2018-02-27T20:13:24Z 2018-02-27T20:13:24Z 2018-01 Report http://documents.worldbank.org/curated/en/799691518210731980/Doing-business-in-Lao-PDR-constraints-to-productivity http://hdl.handle.net/10986/29384 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper East Asia and Pacific Lao People's Democratic Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	FIRM PRODUCTIVITY COMPETITIVENESS CAPITAL INTENSITY INVESTMENT CLIMATE BUSINESS ENVIRONMENT MANUFACTURING CONSTRAINTS OWNERSHIP LABOR PRODUCTIVITY LABOR MARKET FIRM PERFORMANCE
spellingShingle	FIRM PRODUCTIVITY COMPETITIVENESS CAPITAL INTENSITY INVESTMENT CLIMATE BUSINESS ENVIRONMENT MANUFACTURING CONSTRAINTS OWNERSHIP LABOR PRODUCTIVITY LABOR MARKET FIRM PERFORMANCE World Bank Group Doing Business in Lao PDR : Constraints to Productivity
geographic_facet	East Asia and Pacific Lao People's Democratic Republic
description	Overall, the investment climate seems to have deteriorated in Lao PDR between 2012 and 2016. In the 2012 survey, not one area of the investment climate was identified as a serious problem by more than 20 percent of firms. In the 2016 survey, there were six areas where more than 20 percent of firms identified areas of the investment climate as a serious problem. Although this could suggest a deteriorating investment climate, it might also reflect growing willingness to express opinions. Perceptions regarding the severity of main constraints also differ between various company types. For exporters, which are the companies that are best placed to expand and generate (job) growth in Lao PDR, informal practices of other firms (including other formal firms), tax rates, transportation, electricity, worker education, and trade regulations, are the areas identified as serious problems. Addressing these issues will be critical to support export-led growth in Lao PDR. This report also analyzes firm level productivity based on the data available and finds that Lao PDR’s enterprises are not productive compared to firms in neighboring countries. For example, the median level of labor productivity is lower in Lao PDR than in either Cambodia or Vietnam, and labor productivity in the most productive firms is significantly lower in Lao PDR compared to the other two countries; also, total factor productivity is generally higher in Vietnam than in Lao PDR. In addition, firms in Lao PDR also generally use significantly less capital than companies in Cambodia or Vietnam.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Doing Business in Lao PDR : Constraints to Productivity
title_short	Doing Business in Lao PDR : Constraints to Productivity
title_full	Doing Business in Lao PDR : Constraints to Productivity
title_fullStr	Doing Business in Lao PDR : Constraints to Productivity
title_full_unstemmed	Doing Business in Lao PDR : Constraints to Productivity
title_sort	doing business in lao pdr : constraints to productivity
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/799691518210731980/Doing-business-in-Lao-PDR-constraints-to-productivity http://hdl.handle.net/10986/29384
_version_	1764469212154167296

Doing Business in Lao PDR : Constraints to Productivity

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