Business regulation and poverty

Djankov, Simeon, Georgieva, Dorina and Ramalho, Rita (2017) Business regulation and poverty. Financial Markets Group Discussion Papers (766). Financial Markets Group, The London School of Economics and Political Science, London, UK.

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Abstract

Using panel data for 189 economies from 2004 to 2016, we show that business-friendly regulations are correlated with the poverty headcount at the country level. This association is significant using the overall World Bank's Doing Business index, as well as specific indicators on the difficulty of starting a business, acquiring licenses, getting credit and contract enforcement. Other significant correlates of the poverty headcount include government expenditure, adult female mortality, a country's income per capita, and the regional dummies for East Asia and Eastern Europe.

Item Type:	Monograph (Discussion Paper)
Official URL:	https://www.fmg.ac.uk/
Additional Information:	© 2017 The Authors
Divisions:	Financial Markets Group
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HG Finance
JEL classification:	H - Public Economics > H1 - Structure and Scope of Government > H10 - General H - Public Economics > H6 - National Budget, Deficit, and Debt > H62 - Deficit; Surplus
Date Deposited:	31 May 2023 09:45
Last Modified:	16 Sep 2023 00:01
URI:	http://eprints.lse.ac.uk/id/eprint/118950

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