An Investigation of Firm Heterogeneity in the Constraints to Development and Growth in Pakistan
AbstractThis study considers the importance of firm characteristics in explaining the degree of business constraints facing Pakistani firms in the Investment Climate Survey. We quantify how firms with differing characteristics experience particular problems. After controlling for other factors, the largest differences in responses to business constraints occurs among firms that vary by manufacturing industry, and among firms operating under different ownership structures or selling in different markets. In some cases, firm size and firm location also play an important role. The age of the firm generally does not lead to significant differences. These results are important, because they will guide policymakers to develop more specific approaches to fostering the investment climate, which better account for the heterogeneity of firms.
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Bibliographic InfoPaper provided by National Graduate Institute for Policy Studies in its series GRIPS Discussion Papers with number 08-08.
Length: 31 pages
Date of creation: Aug 2008
Date of revision:
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Web page: http://r-center.grips.ac.jp/DiscussionPapers
More information through EDIRC
Pakistan; Investment Climate; Business Constraints;
Other versions of this item:
- Sajjad Moghal & Wade D. Pfau, 2009. "An Investigation of Firm Heterogeneity in the Constraints to Development and Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 48(1), pages 1-22.
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- L6 - Industrial Organization - - Industry Studies: Manufacturing
- M0 - Business Administration and Business Economics; Marketing; Accounting - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dollar, David & Hallward-Driemeier, Mary & Mengistae, Taye, 2005. "Investment Climate and Firm Performance in Developing Economies," Economic Development and Cultural Change, University of Chicago Press, vol. 54(1), pages 1-31, October.
- A. R. Kemal, 1993. "Why Do Small Firms Fail to Graduate to Medium and Large Firms in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 32(4), pages 1249-1257.
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