Are Managers' Perceptions of Constraints to Growth Reliable? Evidence from a Natural Experiment in South Africa
During the World Banks 2007-2008 Enterprise Survey, a major power crisis hit South Africa. Not surprisingly, this affected managers perceptions about electricitythe percent saying power was a serious constraint increased from 11 to 49 percent. But managers perceptions about other areas of the investment climate such as taxation, finance and regulation also deteriorated significantly, suggesting that managers do not compartmentalize their responses to questions about constraints. Other than for electricity, however, relative rankings did not change significantly. This suggests that policymakers using the survey to identify the main constraints would have identified similar constraints before and after the crisis.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2 (2011)
Issue (Month): 1 (August)
|Contact details of provider:|| Web page: http://www.degruyter.com|
|Order Information:||Web: http://www.degruyter.com/view/j/jgd|
References listed on IDEAS
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.:
- George R.G. Clarke & James Habyarimana & Michael Ingram & David Kaplan & Vijaya Ramachandran, 2007. "An Assessment of the Investment Climate in South Africa," World Bank Publications, The World Bank, number 6738, April.
- George Clarke & James Habyarimana & David Kaplan & Vijaya Ramachandran, 2008. "Why isn't South Africa growing faster? Microeconomic evidence from a firm survey," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(7), pages 837-868.
- Clarke, George R.G., 2011.
"How Petty is Petty Corruption? Evidence from Firm Surveys in Africa,"
Elsevier, vol. 39(7), pages 1122-1132, July.
- Clarke, George, 2008. "How petty is petty corruption? Evidence from firm survey in Africa," MPRA Paper 15073, University Library of Munich, Germany, revised 24 Aug 2008.
- Jakob Svensson, 2005. "Eight Questions about Corruption," Journal of Economic Perspectives, American Economic Association, vol. 19(3), pages 19-42, Summer.
- Sendhil Mullainathan & Marianne Bertrand, 2001. "Do People Mean What They Say? Implications for Subjective Survey Data," American Economic Review, American Economic Association, vol. 91(2), pages 67-72, May.
- Omar Azfar & Peter Murrell, 2009.
"Identifying Reticent Respondents: Assessing the Quality of Survey Data on Corruption and Values,"
Economic Development and Cultural Change,
University of Chicago Press, vol. 57(2), pages 387-411, 01.
- Omar Azfar & Peter Murrell, 2005. "Identifying Reticent Respondents: Assessing the Quality of Survey Data on Corruption and Values," Electronic Working Papers 05-001, University of Maryland, Department of Economics.
- Hallward-Driemeier, Mary & Aterido, Reyes, 2009. "Comparing Apples with....Apples : how to make (more) sense of subjective rankings of constraints to business," Policy Research Working Paper Series 5054, The World Bank.
- Thorsten Beck & Asli Demirguc-Kunt & Ross Levine, 2005.
"Bank Supervision and Corruption in Lending,"
NBER Working Papers
11498, National Bureau of Economic Research, Inc.
- Thorsten Beck & Asli Demirgüç-Kunt & Vojislav Maksimovic, 2005. "Financial and Legal Constraints to Growth: Does Firm Size Matter?," Journal of Finance, American Finance Association, vol. 60(1), pages 137-177, 02.
- Clarke, George R.G. & Cull, Robert & Martinez Peria, Maria Soledad, 2006. "Foreign bank participation and access to credit across firms in developing countries," Journal of Comparative Economics, Elsevier, vol. 34(4), pages 774-795, December.
- Jensen, Nathan M. & Li, Quan & Rahman, Aminur, 2007. "Heard melodies are sweet, but those unheard are sweeter : understanding corruption using cross-national firm-level surveys," Policy Research Working Paper Series 4413, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:bpj:globdv:v:2:y:2011:i:1:n:3. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.