Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data

Investment Climate surveys (ICs) are a recent instrument used by the World Bank to identify key obstacles to country competitiveness and to guide policy reforms and government interventions in developing countries. In this paper, panel data from four ICs of four South East Asian (SEA) countries name...

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Main Authors: Escribano, Alvaro, Guasch, J. Luis, de Orte, Manuel, Pena, Jorge
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5695
id okr-10986-5695
recordtype oai_dc
spelling okr-10986-56952021-04-23T14:02:23Z Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data Escribano, Alvaro Guasch, J. Luis de Orte, Manuel Pena, Jorge Capital Investment Capacity E220 Multinational Firms International Business F230 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 International Linkages to Development Role of International Organizations O190 Investment Climate surveys (ICs) are a recent instrument used by the World Bank to identify key obstacles to country competitiveness and to guide policy reforms and government interventions in developing countries. In this paper, panel data from four ICs of four South East Asian (SEA) countries namely, Indonesia, Malaysia, The Philippines, and Thailand, are pooled to estimate total factor productivity (TFP) and allocative efficiency aspects of firms in each country, using variants of the Olley and Pakes (1996) productivity decomposition. Several economic performance results are disaggregated to obtain country-specific evaluation of the IC impacts. To establish priorities for policy reforms, the corresponding key IC results are organized in five categories: infrastructures, red tape, corruption and crime, finance and corporate governance, quality, innovation and labor skills, and other control variables. 2012-03-30T07:34:05Z 2012-03-30T07:34:05Z 2009 Journal Article Singapore Economic Review 02175908 http://hdl.handle.net/10986/5695 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Capital
Investment
Capacity E220
Multinational Firms
International Business F230
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Formal and Informal Sectors
Shadow Economy
Institutional Arrangements O170
International Linkages to Development
Role of International Organizations O190
spellingShingle Capital
Investment
Capacity E220
Multinational Firms
International Business F230
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Formal and Informal Sectors
Shadow Economy
Institutional Arrangements O170
International Linkages to Development
Role of International Organizations O190
Escribano, Alvaro
Guasch, J. Luis
de Orte, Manuel
Pena, Jorge
Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
geographic_facet South Asia
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Investment Climate surveys (ICs) are a recent instrument used by the World Bank to identify key obstacles to country competitiveness and to guide policy reforms and government interventions in developing countries. In this paper, panel data from four ICs of four South East Asian (SEA) countries namely, Indonesia, Malaysia, The Philippines, and Thailand, are pooled to estimate total factor productivity (TFP) and allocative efficiency aspects of firms in each country, using variants of the Olley and Pakes (1996) productivity decomposition. Several economic performance results are disaggregated to obtain country-specific evaluation of the IC impacts. To establish priorities for policy reforms, the corresponding key IC results are organized in five categories: infrastructures, red tape, corruption and crime, finance and corporate governance, quality, innovation and labor skills, and other control variables.
format Journal Article
author Escribano, Alvaro
Guasch, J. Luis
de Orte, Manuel
Pena, Jorge
author_facet Escribano, Alvaro
Guasch, J. Luis
de Orte, Manuel
Pena, Jorge
author_sort Escribano, Alvaro
title Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
title_short Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
title_full Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
title_fullStr Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
title_full_unstemmed Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data
title_sort investment climate assessment in indonesia, malaysia, the philippines and thailand: results from pooling firm-level data
publishDate 2012
url http://hdl.handle.net/10986/5695
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