Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America

This book aims to fill that gap by using extensive and new firm-level data. It provides an alternative, albeit complementary, approach to previous studies of the determinants of the region's growth performance, which are mostly based on cross-...

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Main Authors: Fajnzylber, Pablo, Guasch, J. Luis, López, J. Humberto
Format: Publication
Language:English
en_US
Published: Washington, DC : The World Bank 2012
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2008/01/10060787/investment-climate-matter-microeconomic-foundations-growth-latin-america
http://hdl.handle.net/10986/6300
id okr-10986-6300
recordtype oai_dc
spelling okr-10986-63002021-04-23T14:02:25Z Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America Fajnzylber, Pablo Guasch, J. Luis López, J. Humberto ANNUAL GROWTH AVERAGE GROWTH AVERAGE PRODUCTIVITY AVERAGE PRODUCTIVITY GROWTH BANK LOANS BANKRUPTCY BENCHMARK BUREAUCRACY BUSINESS CYCLE BUSINESS ENVIRONMENT BUSINESS REGULATIONS CAPITAL ACCUMULATION CAPITAL INVESTMENTS CAPITAL MARKETS CAPITAL STOCK CAPITAL STOCKS CHECKING ACCOUNTS COMMODITIES COMMODITY COMMODITY PRICES COMPARATIVE ANALYSIS COMPETITIVENESS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE GOVERNANCE CORPORATE TAXES CORRUPT OFFICIALS CORRUPTION COUNTRY LEVEL COUNTRY REGRESSIONS COUNTRY RISK CREDIT CONSTRAINTS CREDIT IMPERFECTIONS CRISES CURRENT ACCOUNT BALANCE DEBT DECREASING RETURNS DEPENDENT VARIABLE DEPOSITS DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPING REGIONS DEVELOPING WORLD DEVELOPMENT ECONOMICS DEVELOPMENT PRACTITIONERS DEVELOPMENT REPORT DEVELOPMENT RESEARCH DIMINISHING RETURNS DOMESTIC CREDIT ECONOMETRIC ANALYSES ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC ENVIRONMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMICS LITERATURE ECONOMICS PROFESSION ECONOMIES OF SCALE ELASTICITY EMPIRICAL EVIDENCE ENTERPRISE SURVEYS EXPORT PROMOTION EXPORTS EXTERNAL FACTORS EXTERNALITIES FACTORS OF PRODUCTION FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTORS FINANCIAL SERVICES FINANCIAL SYSTEMS FIRM GROWTH FIRM PERFORMANCE FISCAL POLICY FIXED CAPITAL FIXED EFFECTS GDP GDP PER CAPITA GLOBAL ECONOMY GLOBALIZATION GOVERNANCE MEASURES GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROSS INVESTMENT GROWTH ACCELERATIONS GROWTH COMPONENT GROWTH ELASTICITY GROWTH FRONT GROWTH MODELS GROWTH OF LABOR GROWTH PERFORMANCE GROWTH PROSPECTS GROWTH RATE GROWTH RATES HIGH GROWTH HIGH INEQUALITY HOUSEHOLD SURVEYS HUMAN CAPITAL IMPROVING PRODUCTIVITY INCOME INCOME GROUPS INCOME LEVEL INCOME LEVELS INCOME PER CAPITA This book aims to fill that gap by using extensive and new firm-level data. It provides an alternative, albeit complementary, approach to previous studies of the determinants of the region's growth performance, which are mostly based on cross-country regressions using aggregate data. This book uses the information contained in enterprise surveys performed in 16 Latin American and Caribbean countries, covering more than 10,000 firms. These data are complemented with information from household surveys, as well as from enterprise surveys performed in other regions of the world. The analysis in this volume covers topics that have also been stressed by other authors, such as the need to make progress in the areas of financial sector development, export promotion, and innovation policy. The book's contribution in this regard is to inform the corresponding policy debates with evidence on the effect of different policy environments on firm performance. Overall this book will contribute to identifying some of the underlying factors that are driving Latin America's lackluster growth performance. In particular, objective is to improve our understanding of the policies that could have a larger influence on increasing growth and productivity in the region, by means of improving the environment in which firms invest and operate. 2012-05-22T14:30:58Z 2012-05-22T14:30:58Z 2009 http://documents.worldbank.org/curated/en/2008/01/10060787/investment-climate-matter-microeconomic-foundations-growth-latin-america 978-0-8213-7411-5 http://hdl.handle.net/10986/6300 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC : The World Bank New York: Palgrave Macmillan Publications & Research :: Publication Latin America & Caribbean Latin America
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ANNUAL GROWTH
AVERAGE GROWTH
AVERAGE PRODUCTIVITY
AVERAGE PRODUCTIVITY GROWTH
BANK LOANS
BANKRUPTCY
BENCHMARK
BUREAUCRACY
BUSINESS CYCLE
BUSINESS ENVIRONMENT
BUSINESS REGULATIONS
CAPITAL ACCUMULATION
CAPITAL INVESTMENTS
CAPITAL MARKETS
CAPITAL STOCK
CAPITAL STOCKS
CHECKING ACCOUNTS
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPARATIVE ANALYSIS
COMPETITIVENESS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE GOVERNANCE
CORPORATE TAXES
CORRUPT OFFICIALS
CORRUPTION
COUNTRY LEVEL
COUNTRY REGRESSIONS
COUNTRY RISK
CREDIT CONSTRAINTS
CREDIT IMPERFECTIONS
CRISES
CURRENT ACCOUNT BALANCE
DEBT
DECREASING RETURNS
DEPENDENT VARIABLE
DEPOSITS
DESCRIPTIVE STATISTICS
DEVELOPING COUNTRIES
DEVELOPING REGIONS
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT PRACTITIONERS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DIMINISHING RETURNS
DOMESTIC CREDIT
ECONOMETRIC ANALYSES
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC ENVIRONMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMICS LITERATURE
ECONOMICS PROFESSION
ECONOMIES OF SCALE
ELASTICITY
EMPIRICAL EVIDENCE
ENTERPRISE SURVEYS
EXPORT PROMOTION
EXPORTS
EXTERNAL FACTORS
EXTERNALITIES
FACTORS OF PRODUCTION
FINANCIAL CRISIS
FINANCIAL DEPTH
FINANCIAL DEVELOPMENT
FINANCIAL INFORMATION
FINANCIAL INSTITUTION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SECTORS
FINANCIAL SERVICES
FINANCIAL SYSTEMS
FIRM GROWTH
FIRM PERFORMANCE
FISCAL POLICY
FIXED CAPITAL
FIXED EFFECTS
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBALIZATION
GOVERNANCE MEASURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS INVESTMENT
GROWTH ACCELERATIONS
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH FRONT
GROWTH MODELS
GROWTH OF LABOR
GROWTH PERFORMANCE
GROWTH PROSPECTS
GROWTH RATE
GROWTH RATES
HIGH GROWTH
HIGH INEQUALITY
HOUSEHOLD SURVEYS
HUMAN CAPITAL
IMPROVING PRODUCTIVITY
INCOME
INCOME GROUPS
INCOME LEVEL
INCOME LEVELS
INCOME PER CAPITA
spellingShingle ANNUAL GROWTH
AVERAGE GROWTH
AVERAGE PRODUCTIVITY
AVERAGE PRODUCTIVITY GROWTH
BANK LOANS
BANKRUPTCY
BENCHMARK
BUREAUCRACY
BUSINESS CYCLE
BUSINESS ENVIRONMENT
BUSINESS REGULATIONS
CAPITAL ACCUMULATION
CAPITAL INVESTMENTS
CAPITAL MARKETS
CAPITAL STOCK
CAPITAL STOCKS
CHECKING ACCOUNTS
COMMODITIES
COMMODITY
COMMODITY PRICES
COMPARATIVE ANALYSIS
COMPETITIVENESS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
CORPORATE GOVERNANCE
CORPORATE TAXES
CORRUPT OFFICIALS
CORRUPTION
COUNTRY LEVEL
COUNTRY REGRESSIONS
COUNTRY RISK
CREDIT CONSTRAINTS
CREDIT IMPERFECTIONS
CRISES
CURRENT ACCOUNT BALANCE
DEBT
DECREASING RETURNS
DEPENDENT VARIABLE
DEPOSITS
DESCRIPTIVE STATISTICS
DEVELOPING COUNTRIES
DEVELOPING REGIONS
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT PRACTITIONERS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DIMINISHING RETURNS
DOMESTIC CREDIT
ECONOMETRIC ANALYSES
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC ENVIRONMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMICS LITERATURE
ECONOMICS PROFESSION
ECONOMIES OF SCALE
ELASTICITY
EMPIRICAL EVIDENCE
ENTERPRISE SURVEYS
EXPORT PROMOTION
EXPORTS
EXTERNAL FACTORS
EXTERNALITIES
FACTORS OF PRODUCTION
FINANCIAL CRISIS
FINANCIAL DEPTH
FINANCIAL DEVELOPMENT
FINANCIAL INFORMATION
FINANCIAL INSTITUTION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SECTORS
FINANCIAL SERVICES
FINANCIAL SYSTEMS
FIRM GROWTH
FIRM PERFORMANCE
FISCAL POLICY
FIXED CAPITAL
FIXED EFFECTS
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBALIZATION
GOVERNANCE MEASURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS INVESTMENT
GROWTH ACCELERATIONS
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH FRONT
GROWTH MODELS
GROWTH OF LABOR
GROWTH PERFORMANCE
GROWTH PROSPECTS
GROWTH RATE
GROWTH RATES
HIGH GROWTH
HIGH INEQUALITY
HOUSEHOLD SURVEYS
HUMAN CAPITAL
IMPROVING PRODUCTIVITY
INCOME
INCOME GROUPS
INCOME LEVEL
INCOME LEVELS
INCOME PER CAPITA
Fajnzylber, Pablo
Guasch, J. Luis
López, J. Humberto
Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
geographic_facet Latin America & Caribbean
Latin America
description This book aims to fill that gap by using extensive and new firm-level data. It provides an alternative, albeit complementary, approach to previous studies of the determinants of the region's growth performance, which are mostly based on cross-country regressions using aggregate data. This book uses the information contained in enterprise surveys performed in 16 Latin American and Caribbean countries, covering more than 10,000 firms. These data are complemented with information from household surveys, as well as from enterprise surveys performed in other regions of the world. The analysis in this volume covers topics that have also been stressed by other authors, such as the need to make progress in the areas of financial sector development, export promotion, and innovation policy. The book's contribution in this regard is to inform the corresponding policy debates with evidence on the effect of different policy environments on firm performance. Overall this book will contribute to identifying some of the underlying factors that are driving Latin America's lackluster growth performance. In particular, objective is to improve our understanding of the policies that could have a larger influence on increasing growth and productivity in the region, by means of improving the environment in which firms invest and operate.
format Publications & Research :: Publication
author Fajnzylber, Pablo
Guasch, J. Luis
López, J. Humberto
author_facet Fajnzylber, Pablo
Guasch, J. Luis
López, J. Humberto
author_sort Fajnzylber, Pablo
title Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
title_short Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
title_full Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
title_fullStr Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
title_full_unstemmed Does the Investment Climate Matter? Microeconomic Foundations of Growth in Latin America
title_sort does the investment climate matter? microeconomic foundations of growth in latin america
publisher Washington, DC : The World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/01/10060787/investment-climate-matter-microeconomic-foundations-growth-latin-america
http://hdl.handle.net/10986/6300
_version_ 1764397557934456832