Business regulations and poverty

Djankov, Simeon ORCID: 0000-0002-0822-6456, Georgieva, Dorina and Ramalho, Rita (2018) Business regulations and poverty. Economics Letters, 165. pp. 82-87. ISSN 0165-1765

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Abstract

Using panel data for 189 economies from 2005 to 2013, we show that business-friendly regulations are correlated with the poverty headcount at the country level. This association is significant using the World Bank’s Doing Business indicators on getting credit and contract enforcement. We suggest that the conduit for poverty reduction is business creation, both as a source of new jobs and as a manifestation of thriving entrepreneurship.

Item Type:	Article
Official URL:	https://www.sciencedirect.com/science/journal/0165...
Additional Information:	© 2018 Elsevier
Divisions:	Financial Markets Group
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
JEL classification:	H - Public Economics > H6 - National Budget, Deficit, and Debt > H62 - Deficit; Surplus
Date Deposited:	22 Mar 2018 15:00
Last Modified:	01 Nov 2024 04:03
URI:	http://eprints.lse.ac.uk/id/eprint/87335

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