The Impact of Business Environment Reforms on New Firm Registration
The authors use panel data on the number of new firm registrations in 92 countries to study how the magnitude of reforms affects new firm registrations. They find that small reforms, in general less than 40 percent reduction in costs, days, or procedures required for business registration, do not have a significant effect on new firm creation. This suggests that small reforms do not have the intended effect on private sector development. They also find important synergies in multiple reforms of two or more business environment indicators. Finally, they show that countries with relatively weaker business environments require relatively larger reforms in order to impact new firm growth. These results can be helpful to motivate policymakers to make larger, broader reforms.
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dig-okr-1098639792021-04-23T14:02:14Z The Impact of Business Environment Reforms on New Firm Registration Klapper, Leora Love, Inessa BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION E-MAIL ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB The authors use panel data on the number of new firm registrations in 92 countries to study how the magnitude of reforms affects new firm registrations. They find that small reforms, in general less than 40 percent reduction in costs, days, or procedures required for business registration, do not have a significant effect on new firm creation. This suggests that small reforms do not have the intended effect on private sector development. They also find important synergies in multiple reforms of two or more business environment indicators. Finally, they show that countries with relatively weaker business environments require relatively larger reforms in order to impact new firm growth. These results can be helpful to motivate policymakers to make larger, broader reforms. 2012-03-19T18:43:17Z 2012-03-19T18:43:17Z 2010-12-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101207133231 http://hdl.handle.net/10986/3979 English Impact Evaluation series ; no. IE 49,Policy Research working paper ; no. WPS 5493 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
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Banco Mundial |
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Estados Unidos |
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US |
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Bibliográfico |
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En linea |
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dig-okr |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
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English |
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BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB |
| spellingShingle |
BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB Klapper, Leora Love, Inessa The Impact of Business Environment Reforms on New Firm Registration |
| description |
The authors use panel data on the number
of new firm registrations in 92 countries to study how the
magnitude of reforms affects new firm registrations. They
find that small reforms, in general less than 40 percent
reduction in costs, days, or procedures required for
business registration, do not have a significant effect on
new firm creation. This suggests that small reforms do not
have the intended effect on private sector development. They
also find important synergies in multiple reforms of two or
more business environment indicators. Finally, they show
that countries with relatively weaker business environments
require relatively larger reforms in order to impact new
firm growth. These results can be helpful to motivate
policymakers to make larger, broader reforms. |
| format |
Publications & Research :: Policy Research Working Paper |
| topic_facet |
BUSINESS CYCLE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS REGISTRATION BUSINESS REGISTRATIONS BUSINESS REGULATION BUSINESSES DISPUTE RESOLUTION ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENVIRONMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS ID LABOR MARKETS LIMITED ACCESS PHONE POLITICAL ECONOMY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROPERTY RIGHTS REDUCTIONS IN COSTS REFORM PROCESS REFORMS REGISTRIES REGULATORY ENVIRONMENT RESULT RESULTS SALES STARTUPS USES WEB |
| author |
Klapper, Leora Love, Inessa |
| author_facet |
Klapper, Leora Love, Inessa |
| author_sort |
Klapper, Leora |
| title |
The Impact of Business Environment Reforms on New Firm Registration |
| title_short |
The Impact of Business Environment Reforms on New Firm Registration |
| title_full |
The Impact of Business Environment Reforms on New Firm Registration |
| title_fullStr |
The Impact of Business Environment Reforms on New Firm Registration |
| title_full_unstemmed |
The Impact of Business Environment Reforms on New Firm Registration |
| title_sort |
impact of business environment reforms on new firm registration |
| publishDate |
2010-12-01 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101207133231 http://hdl.handle.net/10986/3979 |
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