Costa Rica : Investment Climate Assessment
The objective of the Costa Rica Investment Climate Assessment (ICA) is to evaluate constraints on growth of the private sector in Costa Rica using a survey of 343 manufacturing firms known as the Investment Climate Survey (ICs) and a Logistic Surve...
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| Format: | Investment Climate Assessment (ICA) |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/02/7591241/costa-rica-investment-climate-assessment-costa-rica-investment-climate-assessment http://hdl.handle.net/10986/7691 |
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okr-10986-76912021-04-23T14:02:37Z Costa Rica : Investment Climate Assessment World Bank AIR AIRPORT ANNUAL SALES BANK LOANS BENCHMARKING BUSINESS ENVIRONMENT BY SECTOR CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK COMMERCIAL DISPUTE COMPANY COMPETITIVENESS CONTRACT ENFORCEMENT CREDIT LINES DIVERSIFICATION ECONOMIC INTEGRATION ECONOMIC TRENDS ELASTICITIES EMPLOYMENT EXPECTED VALUES EXPORTS FINANCIAL SECTOR FIRM SIZE FIRMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GOVERNMENT REGULATIONS GROSS MARGIN GROWTH RATE HIGHWAY INEFFICIENCY INFORMAL PAYMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INVENTORY INVESTMENT INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS LENDERS LICENSING MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES OUTSTANDING DEBT PORTFOLIO PREFERENTIAL TREATMENTS PRIVATE FINANCING PRIVATE INVESTMENT PROPERTY RIGHTS PUBLIC INVESTMENT REGRESSION ANALYSIS REGULATORY FRAMEWORK ROAD ROAD NETWORK ROAD PROJECTS ROAD QUALITY ROADS ROADWAY SECURITY COSTS STOCKS TAX TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORTATION TRUE VEHICLE WAGES WORKING CAPITAL The objective of the Costa Rica Investment Climate Assessment (ICA) is to evaluate constraints on growth of the private sector in Costa Rica using a survey of 343 manufacturing firms known as the Investment Climate Survey (ICs) and a Logistic Survey in 75 firms in three export sectors (processed foods, cut flowers and plants, and medical equipment). This assessment focuses on the microeconomic and structural dimensions of the nation's business environment, viewed from an international perspective. In evaluating the most important investment climate constraints affecting Costa Rican establishments, this report uses both subjective and objective indicators. The emphasis is placed on the second type of information. Surveyed Costa Rican firms perceive macroeconomic instability, anti-competitive and informal practices, and cost and access to financing as the four major obstacles to growth in Costa Rica. Transport and corruption issues are also among the top major or severe constraint for Costa Rican firms. When asked to select the main obstacle to growth, surveyed manufacturing firms cited financial constraints as their predominant problem, followed by anti-competitive/informal practices, macroeconomic stability and red tape/regulation. A number of investment climate indicators drawn from the ICs were econometrically related to measures in productivity. Overall results of the ICs show that variables in all four categories of investment climate affect Costa Rican firms in terms of their productivity. In addition to the analysis on firm productivity, the econometric analysis looked at the effect of investment climate variables on the probability of exporting. The conclusions of the econometric analysis are that investment climate variables significantly affect total factor productivity and that increased emphasis on governance and business regulation, infrastructure, and innovation is appropriate. The results shown are consistent with firms' perceptions that put infrastructure and regulatory issues as severe obstacles to growth. 2012-06-11T18:40:24Z 2012-06-11T18:40:24Z 2007-02-06 http://documents.worldbank.org/curated/en/2007/02/7591241/costa-rica-investment-climate-assessment-costa-rica-investment-climate-assessment http://hdl.handle.net/10986/7691 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment (ICA) Economic & Sector Work Latin America & Caribbean Costa Rica |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AIR AIRPORT ANNUAL SALES BANK LOANS BENCHMARKING BUSINESS ENVIRONMENT BY SECTOR CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK COMMERCIAL DISPUTE COMPANY COMPETITIVENESS CONTRACT ENFORCEMENT CREDIT LINES DIVERSIFICATION ECONOMIC INTEGRATION ECONOMIC TRENDS ELASTICITIES EMPLOYMENT EXPECTED VALUES EXPORTS FINANCIAL SECTOR FIRM SIZE FIRMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GOVERNMENT REGULATIONS GROSS MARGIN GROWTH RATE HIGHWAY INEFFICIENCY INFORMAL PAYMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INVENTORY INVESTMENT INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS LENDERS LICENSING MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES OUTSTANDING DEBT PORTFOLIO PREFERENTIAL TREATMENTS PRIVATE FINANCING PRIVATE INVESTMENT PROPERTY RIGHTS PUBLIC INVESTMENT REGRESSION ANALYSIS REGULATORY FRAMEWORK ROAD ROAD NETWORK ROAD PROJECTS ROAD QUALITY ROADS ROADWAY SECURITY COSTS STOCKS TAX TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORTATION TRUE VEHICLE WAGES WORKING CAPITAL |
| spellingShingle |
AIR AIRPORT ANNUAL SALES BANK LOANS BENCHMARKING BUSINESS ENVIRONMENT BY SECTOR CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK COMMERCIAL DISPUTE COMPANY COMPETITIVENESS CONTRACT ENFORCEMENT CREDIT LINES DIVERSIFICATION ECONOMIC INTEGRATION ECONOMIC TRENDS ELASTICITIES EMPLOYMENT EXPECTED VALUES EXPORTS FINANCIAL SECTOR FIRM SIZE FIRMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GDP GDP PER CAPITA GOVERNMENT REGULATIONS GROSS MARGIN GROWTH RATE HIGHWAY INEFFICIENCY INFORMAL PAYMENT INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INVENTORY INVESTMENT INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT INVESTMENT CLIMATE CONSTRAINTS INVESTMENT DECISIONS LENDERS LICENSING MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY NATURAL RESOURCES OUTSTANDING DEBT PORTFOLIO PREFERENTIAL TREATMENTS PRIVATE FINANCING PRIVATE INVESTMENT PROPERTY RIGHTS PUBLIC INVESTMENT REGRESSION ANALYSIS REGULATORY FRAMEWORK ROAD ROAD NETWORK ROAD PROJECTS ROAD QUALITY ROADS ROADWAY SECURITY COSTS STOCKS TAX TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORTATION TRUE VEHICLE WAGES WORKING CAPITAL World Bank Costa Rica : Investment Climate Assessment |
| geographic_facet |
Latin America & Caribbean Costa Rica |
| description |
The objective of the Costa Rica
Investment Climate Assessment (ICA) is to evaluate
constraints on growth of the private sector in Costa Rica
using a survey of 343 manufacturing firms known as the
Investment Climate Survey (ICs) and a Logistic Survey in 75
firms in three export sectors (processed foods, cut flowers
and plants, and medical equipment). This assessment focuses
on the microeconomic and structural dimensions of the
nation's business environment, viewed from an
international perspective. In evaluating the most important
investment climate constraints affecting Costa Rican
establishments, this report uses both subjective and
objective indicators. The emphasis is placed on the second
type of information. Surveyed Costa Rican firms perceive
macroeconomic instability, anti-competitive and informal
practices, and cost and access to financing as the four
major obstacles to growth in Costa Rica. Transport and
corruption issues are also among the top major or severe
constraint for Costa Rican firms. When asked to select the
main obstacle to growth, surveyed manufacturing firms cited
financial constraints as their predominant problem, followed
by anti-competitive/informal practices, macroeconomic
stability and red tape/regulation. A number of investment
climate indicators drawn from the ICs were econometrically
related to measures in productivity. Overall results of the
ICs show that variables in all four categories of investment
climate affect Costa Rican firms in terms of their
productivity. In addition to the analysis on firm
productivity, the econometric analysis looked at the effect
of investment climate variables on the probability of
exporting. The conclusions of the econometric analysis are
that investment climate variables significantly affect total
factor productivity and that increased emphasis on
governance and business regulation, infrastructure, and
innovation is appropriate. The results shown are consistent
with firms' perceptions that put infrastructure and
regulatory issues as severe obstacles to growth. |
| format |
Economic & Sector Work :: Investment Climate Assessment (ICA) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Costa Rica : Investment Climate Assessment |
| title_short |
Costa Rica : Investment Climate Assessment |
| title_full |
Costa Rica : Investment Climate Assessment |
| title_fullStr |
Costa Rica : Investment Climate Assessment |
| title_full_unstemmed |
Costa Rica : Investment Climate Assessment |
| title_sort |
costa rica : investment climate assessment |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/02/7591241/costa-rica-investment-climate-assessment-costa-rica-investment-climate-assessment http://hdl.handle.net/10986/7691 |
| _version_ |
1764403854310375424 |