IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v131y2018icp130-140.html
   My bibliography  Save this article

Building Ease-of-Doing-Business synthetic indicators using a double reference point approach

Author

Listed:
  • Ruiz, Francisco
  • Cabello, José M.
  • Pérez-Gladish, Blanca

Abstract

Investment decision making may require the selection of the geographical areas where the investments will be mainly done. A large number of factors could influence this decision such as the country business atmosphere, the human development level of the country and/or its political and macroeconomic stability.

Suggested Citation

  • Ruiz, Francisco & Cabello, José M. & Pérez-Gladish, Blanca, 2018. "Building Ease-of-Doing-Business synthetic indicators using a double reference point approach," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 130-140.
    • Handle: RePEc:eee:tefoso:v:131:y:2018:i:c:p:130-140
    DOI: 10.1016/j.techfore.2017.06.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162517307722
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2017.06.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Djankov, Simeon & McLiesh, Caralee & Shleifer, Andrei, 2007. "Private credit in 129 countries," Journal of Financial Economics, Elsevier, vol. 84(2), pages 299-329, May.
    2. Juan C. Botero & Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "The Regulation of Labor," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(4), pages 1339-1382.
    3. Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2002. "The Regulation of Entry," The Quarterly Journal of Economics, Oxford University Press, vol. 117(1), pages 1-37.
    4. Cabello, J.M. & Ruiz, F. & Pérez-Gladish, B. & Méndez-Rodríguez, P., 2014. "Synthetic indicators of mutual funds’ environmental responsibility: An application of the Reference Point Method," European Journal of Operational Research, Elsevier, vol. 236(1), pages 313-325.
    5. Simeon Djankov & Tim Ganser & Caralee McLiesh & Rita Ramalho & Andrei Shleifer, 2010. "The Effect of Corporate Taxes on Investment and Entrepreneurship," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(3), pages 31-64, July.
    6. Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2008. "The law and economics of self-dealing," Journal of Financial Economics, Elsevier, vol. 88(3), pages 430-465, June.
    7. F Ruiz & J M Cabello & M Luque, 2011. "An application of reference point techniques to the calculation of synthetic sustainability indicators," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(1), pages 189-197, January.
    8. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2008. "Debt Enforcement around the World," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 1105-1149, December.
    9. Giuseppe Munda, 2008. "Social Multi-Criteria Evaluation for a Sustainable Economy," Springer Books, Springer, number 978-3-540-73703-2, November.
    10. F Ruiz & M Luque & J M Cabello, 2009. "A classification of the weighting schemes in reference point procedures for multiobjective programming," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(4), pages 544-553, April.
    11. Blancas, Francisco J. & Caballero, Rafael & González, Mercedes & Lozano-Oyola, Macarena & Pérez, Fátima, 2010. "Goal programming synthetic indicators: An application for sustainable tourism in Andalusian coastal counties," Ecological Economics, Elsevier, vol. 69(11), pages 2158-2172, September.
    12. Geginat, Carolin & Ramalho, Rita, 2018. "Electricity connections and firm performance in 183 countries," Energy Economics, Elsevier, vol. 76(C), pages 344-366.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Valentyna Martynenko, 2019. "Assessment Of Favourableness For The Tax System Of Ukraine In The International Context," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(2).
    2. Junaid, Danish & He, Zheng & Afzal, Farman, 2022. "The impact of weak formal institutions on the different phases of the entrepreneurial process," Journal of Business Research, Elsevier, vol. 144(C), pages 236-249.
    3. Jafari-Sadeghi, Vahid & Sukumar, Arun & Pagán-Castaño, Esther & Dana, Léo-Paul, 2021. "What drives women towards domestic vs international business venturing? An empirical analysis in emerging markets," Journal of Business Research, Elsevier, vol. 134(C), pages 647-660.
    4. Nazli Goker & E. Ertugrul Karsak & Mehtap Dursun, 2022. "An Integrated QFD and Common Weight DEA-Based Fuzzy MCDM Framework for Performance Ranking of Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(1), pages 409-430, January.
    5. Matheus Pereira Libório & Oseias da Silva Martinuci & Alexei Manso Correa Machado & Renata de Mello Lyrio & Patrícia Bernardes, 2022. "Time–Space Analysis of Multidimensional Phenomena: A Composite Indicator of Social Exclusion Through k-Means," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(2), pages 569-591, January.
    6. Nomeda Dobrovolskienė & Anastasija Pozniak & Manuela Tvaronavičienė, 2021. "Assessment of the Sustainability of a Real Estate Project Using Multi-Criteria Decision Making," Sustainability, MDPI, vol. 13(8), pages 1-19, April.
    7. Mladen Čudanov & Aleksandar Rakićević & Gheorghe Savoiu, 2022. "Composite Indicator of the Organisational Information and Communication Technologies Infrastructure—A Novel Statistical Index Tool," Mathematics, MDPI, vol. 10(15), pages 1-17, July.
    8. Patrícia Bernardes & Petr Iakovlevitch Ekel & Sérgio Fernando Loureiro Rezende & Joel Gomes Pereira Júnior & Angélica Cidália Gouveia Santos & Maurício Andrade Rodrigues Costa & Rafael Lopes Carvalhai, 2022. "Cost of doing business index in Latin America," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2233-2252, August.
    9. Nicky Rogge & Alena Kolyaseva, 2022. "Measuring and comparing World Bank regions’ ‘ease of doing business’ opportunity sets," Journal of Productivity Analysis, Springer, vol. 57(2), pages 131-155, April.
    10. Ana B. Ruiz & Mariano Luque & Oscar D. Marcenaro-Gutierrez, 2022. "On the use of Synthetic Indexes Based on Multi-Criteria Decision Making to Study the Efficiency of Teachers," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(3), pages 1269-1300, October.
    11. Jafari-Sadeghi, Vahid & Garcia-Perez, Alexeis & Candelo, Elena & Couturier, Jerome, 2021. "Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation," Journal of Business Research, Elsevier, vol. 124(C), pages 100-111.
    12. Qian, Xinbei & Huang, Liangxiong & Wang, Xianbin & Wang, Shuqi, 2022. "Detecting pivotal countries of China's OFDI in the “Belt and Road” initiative: The perspective of similarity of doing business," International Review of Economics & Finance, Elsevier, vol. 77(C), pages 296-311.
    13. Luque, Mariano & Marcenaro-Gutierrez, Oscar D. & Ruiz, Ana B., 2020. "Evaluating the global efficiency of teachers through a multi-criteria approach," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    14. Matheus Pereira Libório & Lívia Maria Leite Silva & Petr Iakovlevitch Ekel & Letícia Ribeiro Figueiredo & Patrícia Bernardes, 2022. "Consensus-Based Sub-Indicator Weighting Approach: Constructing Composite Indicators Compatible with Expert Opinion," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1073-1099, December.
    15. Ana Garcia-Bernabeu & José Manuel Cabello & Francisco Ruiz, 2022. "A Reference Point-Based Proposal to Build Regional Quality of Life Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 11-30, November.
    16. Akujuru, Chukunonye A. (PhD) & Enyioko, Newman C. (PhD), 2022. "Ease of Doing Business Policy and Efficiency of Public Enterprise in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(11), pages 501-522, November.
    17. José Manuel Cabello & Francisco Ruiz & Blanca Pérez-Gladish, 2021. "An Alternative Aggregation Process for Composite Indexes: An Application to the Heritage Foundation Economic Freedom Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(2), pages 443-467, January.
    18. Carayannis, Elias G. & Ferreira, João J.M. & Jalali, Marjan S. & Ferreira, Fernando A.F., 2018. "MCDA in knowledge-based economies: Methodological developments and real world applications," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 1-3.
    19. Ana Garcia-Bernabeu & José Manuel Cabello & Francisco Ruiz, 2020. "A Multi-Criteria Reference Point Based Approach for Assessing Regional Innovation Performance in Spain," Mathematics, MDPI, vol. 8(5), pages 1-21, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrei Shleifer & Florencio Lopez-de-Silanes & Rafael La Porta, 2008. "The Economic Consequences of Legal Origins," Journal of Economic Literature, American Economic Association, vol. 46(2), pages 285-332, June.
    2. Djankov, Simeon, 2008. "The Regulation of Entry: A Survey," CEPR Discussion Papers 7080, C.E.P.R. Discussion Papers.
    3. Rok Spruk & Mitja Kovac, 2018. "Inefficient Growth," Review of Economics and Institutions, Università di Perugia, vol. 9(2).
    4. Djankov, Simeon & Ramalho, Rita, 2009. "Employment laws in developing countries," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 3-13, March.
    5. Simplice A. Asongu, 2016. "Law and Investment in Africa," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 8(2), pages 95-124, April.
    6. Kant, Chander, 2016. "Are institutions in developing countries malleable?," Journal of Policy Modeling, Elsevier, vol. 38(2), pages 272-289.
    7. Gungoraydinoglu, Ali & Öztekin, Özde, 2011. "Firm- and country-level determinants of corporate leverage: Some new international evidence," Journal of Corporate Finance, Elsevier, vol. 17(5), pages 1457-1474.
    8. Cho, Seong-Soon & El Ghoul, Sadok & Guedhami, Omrane & Suh, Jungwon, 2014. "Creditor rights and capital structure: Evidence from international data," Journal of Corporate Finance, Elsevier, vol. 25(C), pages 40-60.
    9. Beck, T.H.L., 2010. "Legal Institutions and Economic Development," Other publications TiSEM 8aa07b48-ce55-4cf6-8754-7, Tilburg University, School of Economics and Management.
    10. Hatzigeorgiou, Andreas & Lodefalk, Magnus, 2011. "Trade and Migration: Firm-Level Evidence (LONG VERSION)," Working Papers 2011:6, Örebro University, School of Business.
    11. Buchen, Clemens, 2010. "Emerging economic systems in Central and Eastern Europe – a qualitative and quantitative assessment," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 37141, October.
    12. Djankov, Simeon & Amin, Mohammad, 2009. "Democracy and Reforms," CEPR Discussion Papers 7151, C.E.P.R. Discussion Papers.
    13. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2008. "Debt Enforcement around the World," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 1105-1149, December.
    14. Pinheiro-Alves, Ricardo & Zambujal-Oliveira, João, 2012. "The Ease of Doing Business Index as a tool for investment location decisions," Economics Letters, Elsevier, vol. 117(1), pages 66-70.
    15. Gur Aminadav & Elias Papaioannou, 2020. "Corporate Control around the World," Journal of Finance, American Finance Association, vol. 75(3), pages 1191-1246, June.
    16. Rafael La Porta & Andrei Shleifer, 2008. "The Unofficial Economy and Economic Development," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 275-363.
    17. Eric Mokwaro Bosire, 2019. "Does Better Business Regulatory Environment Translate to Increased Foreign Direct Investment Inflows? Evidence from Eastern Africa," International Journal of Economics and Financial Issues, Econjournals, vol. 9(4), pages 119-136.
    18. Simeon Djankov, 2016. "The Doing Business Project: How It Started: Correspondence," Journal of Economic Perspectives, American Economic Association, vol. 30(1), pages 247-248, Winter.
    19. Ruiz, Francisco & El Gibari, Samira & Cabello, José M. & Gómez, Trinidad, 2020. "MRP-WSCI: Multiple reference point based weak and strong composite indicators," Omega, Elsevier, vol. 95(C).
    20. Estevão, João & Lopes, José Dias & Penela, Daniela, 2022. "The importance of the business environment for the informal economy: Evidence from the Doing Business ranking," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:131:y:2018:i:c:p:130-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.