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...

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Bibliographic Details
Main Authors: Mawejje, Joseph, Sebudde, Rachel K.
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
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