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South American business environment cost index: reforms for Brazil

Author

Listed:
  • Petr Ekel
  • Patrícia Bernardes
  • Gláucia Maria Vasconcellos Vale
  • Matheus Pereira Libório

Abstract

The World Bank's ease-of-doing-business index (EDBI) is the most popular instrument for measuring countries' business environment conditions. Although useful to direct investments and guide reforms, researchers associate EDBI with problems such as analyses from very different countries, and data quality and calculation errors. This research seeks to overcome these problems with two objectives. First, to propose the South American Business environment cost index (BE-cost-index). Second, identify which cost sub-indicators most impact the business environment in Brazil. Principal component analysis is employed to construct the BE-cost-index. The opinion of Brazilian entrepreneurs and the analytical hierarchy process are used to identify the sub-indicators that most impact the business environment in Brazil. The contribution of the research is to offer useful information to guide/prioritise reforms that improve the quality of the business environment.

Suggested Citation

  • Petr Ekel & Patrícia Bernardes & Gláucia Maria Vasconcellos Vale & Matheus Pereira Libório, 2022. "South American business environment cost index: reforms for Brazil," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 13(2), pages 212-233.
    • Handle: RePEc:ids:ijbenv:v:13:y:2022:i:2:p:212-233
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    Citations

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    Cited by:

    1. Olga Chereshnia, 2023. "Spatial Assessment of the Digital Economy at the National and Sub-National Level," Social Sciences, MDPI, vol. 12(8), pages 1-15, August.
    2. Matheus Pereira Libório & Petr Iakovlevitch Ekel & Carlos Augusto Paiva Martins, 2023. "Economic analysis through alternative data and big data techniques: what do they tell about Brazil?," SN Business & Economics, Springer, vol. 3(1), pages 1-16, January.
    3. 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.
    4. Matheus Pereira Libório & João Francisco Abreu & Petr Iakovlevitch Ekel & Alexei Manso Correa Machado, 2023. "Effect of sub-indicator weighting schemes on the spatial dependence of multidimensional phenomena," Journal of Geographical Systems, Springer, vol. 25(2), pages 185-211, April.

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