Business environment as the determinant of economic growth
by Anna Ermolina
J. for International Business and Entrepreneurship Development (JIBED), Vol. 9, No. 4, 2016

Abstract: Does the business environment determine economic growth? What factors provide stable business development? Recent studies explore business environment as a key factor of prosperous business functioning. The subjective estimates of the business obstacles based on the firm-level World Bank Enterprise Survey (WBES) are aggregated on the country level. Using the country average values of 13 business obstacles 128 countries are classified into six clusters. Cross tables analysis and correlation analysis find that there is a correlation between the prevalence of the business obstacles and national income growth, export growth, high-technology export, expenditure on R&D. Considering regional differences the results show the priority of the business obstacles that could be used in policymaking.

Online publication date: Fri, 28-Oct-2016

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the J. for International Business and Entrepreneurship Development (JIBED):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email