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http://ssrn.com/abstract=2066558
 
 

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The Impact of Business Regulatory Reforms on Economic Growth


Jamal Ibrahim Haidar


World Bank

May 25, 2012

Journal of the Japanese and International Economies, Vol. 26 (3), pp. 285-307

Abstract:     
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.

Number of Pages in PDF File: 36

Keywords: growth, reform, development, regulations, doing business, and institutions

JEL Classification: O12, O17, O50, P48

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Date posted: May 26, 2012 ; Last revised: June 14, 2013

Suggested Citation

Haidar, Jamal Ibrahim, The Impact of Business Regulatory Reforms on Economic Growth (May 25, 2012). Journal of the Japanese and International Economies, Vol. 26 (3), pp. 285-307. Available at SSRN: http://ssrn.com/abstract=2066558

Contact Information

Jamal Ibrahim Haidar (Contact Author)
World Bank ( email )
1818 H Street, NW
Washington, DC 20433
United States
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