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The impact of Business Regulatory Reforms on Economic Growth

  • Jamal Ibrahim Haidar

    ()

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics, The World Bank - The World Bank)

I investigate the link between business regulatory reforms and economic growth in 172 countries. I create a five year dataset on business regulatory reforms from the World Bank's Doing Business reports. Then, I test the hypothesis that business regulatory reforms increase economic growth, using data on micro-economic reforms. These data do not suffer the endogeneity issues associated with other datasets on changes in economic institutions. The results provide a robust support for the claim that business regulatory reforms are good for economic growth. The paper establishes that, on average, each business regulatory reform is associated with a 0.15 percent increase in growth rate of GDP.

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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00717423.

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Date of creation: May 2012
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Publication status: Published in Documents de travail du Centre d'Economie de la Sorbonne 2012.44 - ISSN : 1955-611X. 2012
Handle: RePEc:hal:cesptp:halshs-00717423
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00717423
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  17. Mohammad Amin & Jamal Ibrahim Haidar, 2012. "The Cost of Registering Property: Does Legal Origin Matter?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00966171, HAL.
  18. Mihir Desai & Paul Gompers & Josh Lerner, 2003. "Institutions, Capital Constraints and Entrepreneurial Firm Dynamics: Evidence from Europe," NBER Working Papers 10165, National Bureau of Economic Research, Inc.
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