Cross-country and within-country differences in the business climate

被引:11
作者
Bartelsman, Eric [1 ,2 ]
Haltiwanger, John [3 ,4 ]
Scarpetta, Stefano [2 ]
机构
[1] Vrije Univ Amsterdam, Dept Econ, NL-1081 HV Amsterdam, Netherlands
[2] IZA Bonn, Bonn, Germany
[3] Univ Maryland, Dept Econ, College Pk, MD 20742 USA
[4] NBER, Cambridge, MA 02138 USA
关键词
Firm dynamics; Economic institutions; Comparative economic systems; Firm-level heterogeneity; BARRIER; GROWTH; ENTRY;
D O I
10.1016/j.ijindorg.2010.03.007
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this note we document how constraints in the business environment, as perceived by individual firms, differ both across countries and within each country, across firms. This finding is of key importance given recent theoretical models that suggest idiosyncratic distortions can have large aggregate effects. Not only do such distortions affect the behaviour of incumbent firms, but they also impinge on the selection of firms that enter the market or leave it. Empirical research should attempt to link idiosyncratic components of the business climate to firm selection and to distortions in the allocation of factors inputs across firms and, through these channels, to aggregate economic performance. (C) 2010 Published by Elsevier B.V.
引用
收藏
页码:368 / 371
页数:4
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