The Investment Climate in 16 Indian States

In this paper, the author attempts to identify the characteristics of the business climate in India that can help explain the different performance of individual states in terms of investment and growth. The paper develops a new Investment Climate...

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Main Author:	Iarossi, Giuseppe
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	AFFILIATED ORGANIZATIONS BANK FINANCING BOTTLENECKS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATIONS COLLATERAL COST OF FINANCE DATA AVAILABILITY DOMESTIC INVESTMENT DOMESTIC INVESTORS DRIVERS ECONOMIC PERFORMANCE FOREIGN INVESTORS GOOD INVESTMENT CLIMATE GOOD TRANSPORT GROWTH RATES INCOME INCOME GROWTH INFRASTRUCTURE COST INFRASTRUCTURE COSTS INSTITUTIONAL ENVIRONMENT INTERNATIONAL BANK INTERNATIONAL TRANSPORT INVENTORIES INVESTING INVESTMENT CLIMATE INVESTMENT ENVIRONMENT JUDICIAL SYSTEM LESS DEVELOPED ECONOMIES LOAN LONG TERM FINANCE MARKET SIZE MICRO DATA PERC POWER OUTAGES PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PUBLIC POLICY QUALITY OF TRANSPORTATION REGULATORY ENVIRONMENT TAX TAX RATES TRADE CREDIT TRADE FINANCE TRADE FINANCING TRANSIT TRANSPORT TRANSPORT ACCESS TRANSPORT SYSTEM TRANSPORTATION VALUE OF COLLATERAL
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090112151008 http://hdl.handle.net/10986/4014

id	okr-10986-4014
recordtype	oai_dc
spelling	okr-10986-40142021-04-23T14:02:14Z The Investment Climate in 16 Indian States Iarossi, Giuseppe AFFILIATED ORGANIZATIONS BANK FINANCING BOTTLENECKS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATIONS COLLATERAL COST OF FINANCE DATA AVAILABILITY DOMESTIC INVESTMENT DOMESTIC INVESTORS DRIVERS ECONOMIC PERFORMANCE FOREIGN INVESTORS GOOD INVESTMENT CLIMATE GOOD TRANSPORT GROWTH RATES INCOME INCOME GROWTH INFRASTRUCTURE COST INFRASTRUCTURE COSTS INSTITUTIONAL ENVIRONMENT INTERNATIONAL BANK INTERNATIONAL TRANSPORT INVENTORIES INVESTING INVESTMENT CLIMATE INVESTMENT ENVIRONMENT JUDICIAL SYSTEM LESS DEVELOPED ECONOMIES LOAN LONG TERM FINANCE MARKET SIZE MICRO DATA PERC POWER OUTAGES PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PUBLIC POLICY QUALITY OF TRANSPORTATION REGULATORY ENVIRONMENT TAX TAX RATES TRADE CREDIT TRADE FINANCE TRADE FINANCING TRANSIT TRANSPORT TRANSPORT ACCESS TRANSPORT SYSTEM TRANSPORTATION VALUE OF COLLATERAL In this paper, the author attempts to identify the characteristics of the business climate in India that can help explain the different performance of individual states in terms of investment and growth. The paper develops a new Investment Climate Index aimed at summarizing the aspects of the business environment that entrepreneurs consider when deciding whether to invest. Using this index, the author explores the investment climate in several typologies of Indian states and identify the key features of a poor business environment in India. The analysis shows that infrastructure and institutions remain the main bottlenecks in the country's private sector development. More specifically, power, transportation, corruption, tax regulations, and theft are major factors explaining the poor business environment in some Indian states. Infrastructure appears to be the single most important constraint, as it is particularly binding in states that show low levels of domestic investment and GDP growth. 2012-03-19T19:08:22Z 2012-03-19T19:08:22Z 2009-01-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090112151008 http://hdl.handle.net/10986/4014 English Policy Research working paper ; no. WPS 4817 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper South Asia South Asia South Asia Asia India
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AFFILIATED ORGANIZATIONS BANK FINANCING BOTTLENECKS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATIONS COLLATERAL COST OF FINANCE DATA AVAILABILITY DOMESTIC INVESTMENT DOMESTIC INVESTORS DRIVERS ECONOMIC PERFORMANCE FOREIGN INVESTORS GOOD INVESTMENT CLIMATE GOOD TRANSPORT GROWTH RATES INCOME INCOME GROWTH INFRASTRUCTURE COST INFRASTRUCTURE COSTS INSTITUTIONAL ENVIRONMENT INTERNATIONAL BANK INTERNATIONAL TRANSPORT INVENTORIES INVESTING INVESTMENT CLIMATE INVESTMENT ENVIRONMENT JUDICIAL SYSTEM LESS DEVELOPED ECONOMIES LOAN LONG TERM FINANCE MARKET SIZE MICRO DATA PERC POWER OUTAGES PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PUBLIC POLICY QUALITY OF TRANSPORTATION REGULATORY ENVIRONMENT TAX TAX RATES TRADE CREDIT TRADE FINANCE TRADE FINANCING TRANSIT TRANSPORT TRANSPORT ACCESS TRANSPORT SYSTEM TRANSPORTATION VALUE OF COLLATERAL
spellingShingle	AFFILIATED ORGANIZATIONS BANK FINANCING BOTTLENECKS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS REGULATIONS COLLATERAL COST OF FINANCE DATA AVAILABILITY DOMESTIC INVESTMENT DOMESTIC INVESTORS DRIVERS ECONOMIC PERFORMANCE FOREIGN INVESTORS GOOD INVESTMENT CLIMATE GOOD TRANSPORT GROWTH RATES INCOME INCOME GROWTH INFRASTRUCTURE COST INFRASTRUCTURE COSTS INSTITUTIONAL ENVIRONMENT INTERNATIONAL BANK INTERNATIONAL TRANSPORT INVENTORIES INVESTING INVESTMENT CLIMATE INVESTMENT ENVIRONMENT JUDICIAL SYSTEM LESS DEVELOPED ECONOMIES LOAN LONG TERM FINANCE MARKET SIZE MICRO DATA PERC POWER OUTAGES PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PUBLIC POLICY QUALITY OF TRANSPORTATION REGULATORY ENVIRONMENT TAX TAX RATES TRADE CREDIT TRADE FINANCE TRADE FINANCING TRANSIT TRANSPORT TRANSPORT ACCESS TRANSPORT SYSTEM TRANSPORTATION VALUE OF COLLATERAL Iarossi, Giuseppe The Investment Climate in 16 Indian States
geographic_facet	South Asia South Asia South Asia Asia India
relation	Policy Research working paper ; no. WPS 4817
description	In this paper, the author attempts to identify the characteristics of the business climate in India that can help explain the different performance of individual states in terms of investment and growth. The paper develops a new Investment Climate Index aimed at summarizing the aspects of the business environment that entrepreneurs consider when deciding whether to invest. Using this index, the author explores the investment climate in several typologies of Indian states and identify the key features of a poor business environment in India. The analysis shows that infrastructure and institutions remain the main bottlenecks in the country's private sector development. More specifically, power, transportation, corruption, tax regulations, and theft are major factors explaining the poor business environment in some Indian states. Infrastructure appears to be the single most important constraint, as it is particularly binding in states that show low levels of domestic investment and GDP growth.
format	Publications & Research :: Policy Research Working Paper
author	Iarossi, Giuseppe
author_facet	Iarossi, Giuseppe
author_sort	Iarossi, Giuseppe
title	The Investment Climate in 16 Indian States
title_short	The Investment Climate in 16 Indian States
title_full	The Investment Climate in 16 Indian States
title_fullStr	The Investment Climate in 16 Indian States
title_full_unstemmed	The Investment Climate in 16 Indian States
title_sort	investment climate in 16 indian states
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090112151008 http://hdl.handle.net/10986/4014
_version_	1764389503650234368

The Investment Climate in 16 Indian States

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