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Clima de negocios y creación de empleo: El efecto del acceso al crédito, la corrupción y el marco regulatorio en el crecimiento de las empresas

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  • Carmen Pagés-Serra

    ()

  • Reyes Aterido
  • Mary Hallward-Driemeier

Abstract

Este estudio usa datos de 70,000 empresas en 107 paises y encuentra importantes efectos del acceso al crédito, el marco regulatorio, la corrupción y en menor medida, del acceso a infraestructuras en el crecimiento de las empresas, medido por fuerza de trabajo. Este artículo se centra en determinar el efecto de estos factores en el crecimiento de empresas de distintos tamaños, con especial énfasis en los factores que detienen el crecimiento de las micro, y pequeñas empresas. Los resultados sugieren que un clima de negocios débil reduce el crecimiento de las empresas y repercute en una mayor fracción de micro y empresas pequeñas, aunque los canales difieren según los distintos aspectos del entorno empresarial. La falta de acceso al crédito es particularmente nociva para las más pequeñas, mientras que la corrupción incide especialmente en las más grandes.

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Bibliographic Info

Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4560.

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Date of creation: Oct 2007
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Handle: RePEc:idb:wpaper:4560

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