Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda
This paper identifies the business constraints that are most binding for firm performance. Using panel methods on novel quarterly Ugandan business climate data, we exploit perceived changes in business climate constraints to account for changes in firm performance. Not all identified constraints are...
Main Authors: | , |
---|---|
Format: | Journal Article |
Published: |
Taylor and Francis
2019
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/32600 |
id |
okr-10986-32600 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-326002021-05-25T10:54:35Z Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda Mawejje, Joseph Sebudde, Rachel K. FIRM PERFORMANCE BUSINESS CLIMATE BUSINESS ENVIRONMENT PERCEPTIONS CONSTRAINTS ACCESS TO FINANCE WEATHER EVENTS CORRUPTION MACROECONOMIC CONTEXT MARKET DEMAND This paper identifies the business constraints that are most binding for firm performance. Using panel methods on novel quarterly Ugandan business climate data, we exploit perceived changes in business climate constraints to account for changes in firm performance. Not all identified constraints are binding for firm performance. Macroeconomic instability, demand stability, access to finance, corruption/bribery, and weather variability are found to be binding constraints. Firms’ expectations about future performance outcomes are associated with current perceptions about these constraints, alleviating endogeneity concerns to some extent. While taxation constraints are usually highly ranked, we do not find evidence linking them to firm performance. 2019-10-22T20:07:15Z 2019-10-22T20:07:15Z 2019 Journal Article The Journal of Development Studies 0022-0388 http://hdl.handle.net/10986/32600 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Africa Uganda |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
topic |
FIRM PERFORMANCE BUSINESS CLIMATE BUSINESS ENVIRONMENT PERCEPTIONS CONSTRAINTS ACCESS TO FINANCE WEATHER EVENTS CORRUPTION MACROECONOMIC CONTEXT MARKET DEMAND |
spellingShingle |
FIRM PERFORMANCE BUSINESS CLIMATE BUSINESS ENVIRONMENT PERCEPTIONS CONSTRAINTS ACCESS TO FINANCE WEATHER EVENTS CORRUPTION MACROECONOMIC CONTEXT MARKET DEMAND Mawejje, Joseph Sebudde, Rachel K. Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
geographic_facet |
Africa Uganda |
description |
This paper identifies the business constraints that are most binding for firm performance. Using panel methods on novel quarterly Ugandan business climate data, we exploit perceived changes in business climate constraints to account for changes in firm performance. Not all identified constraints are binding for firm performance. Macroeconomic instability, demand stability, access to finance, corruption/bribery, and weather variability are found to be binding constraints. Firms’ expectations about future performance outcomes are associated with current perceptions about these constraints, alleviating endogeneity concerns to some extent. While taxation constraints are usually highly ranked, we do not find evidence linking them to firm performance. |
format |
Journal Article |
author |
Mawejje, Joseph Sebudde, Rachel K. |
author_facet |
Mawejje, Joseph Sebudde, Rachel K. |
author_sort |
Mawejje, Joseph |
title |
Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
title_short |
Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
title_full |
Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
title_fullStr |
Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
title_full_unstemmed |
Constraints or Complaints? Business Climate and Firm Performance Perceptions in Uganda |
title_sort |
constraints or complaints? business climate and firm performance perceptions in uganda |
publisher |
Taylor and Francis |
publishDate |
2019 |
url |
http://hdl.handle.net/10986/32600 |
_version_ |
1764476886550839296 |