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Description of Does the Investment Climate Matter? |
By providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, this book looks at macroeconomic stability and mircoeconomic reforms and discusses policies that could have a significant impact on firm productivity by improving the environment in which firms invest and operate.
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Contents of Does the Investment Climate Matter? |
Acknowledgements
PART I: DO WE NEED ANOTHER STUDY OF ECONOMIC PERFORMANCE IN LATIN AMERICA AND THE CARIBBEAN?
Introduction
Where do we go from here?
A first pass at the investment climate
Conclusions
PART II: THE INVESTMENT CLIMATE IN LATIN AMERICA
ntroduction
How do firms perceive the key investment climate constraints to growth?
Data and econometric methodology
Estimation results
Merging Enterprise Survey and household data
Summary and conclusions
PART III: WHAT WOULD BE THE IMPACT OF A BETTER INVESTMENT CLIMATE FOR ALL?
Introduction
Potential productivity gains under alternative scenarios
Results
Country detail
Are there any differences by firm size?
Are there potential gains for wages
Conclusions
PART IV: BEHIND THE INVESTMENT CLIMATE. BACK TO BASICS: DETERMINANTS OF CORRUPTIONI. Introduction
A conceptual framework
Results
Robustness checksDeterminants of regulatory compliance
Conclusions
PART V: WHAT ARE THE DETERMINANTS OF FINANCIAL ACCESS IN LATIN AMERICA?
Introduction
Data
Descriptive statisticsRegression results
Summary and conclusions
PART VI: PRODUCTIVE INNOVATION: THE ROLES OF THE INVESTMENT CLIMATE AND R&D EXPENDITURES I. Introduction
A model of productive innovation
Data
Is R&D related to productive innovation?
The role of the investment climate
Conclusions
PART VII:EXPORTER PREMIUMS
Introduction
Exporter premiums: what do we know?
From exports to wages: evidence from firm level data in Argentina
Explaining output differentials between exporters and non exporters in a small country
Conclusions and policy implications
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About Pablo Fajnzylber (Editor), Jose Luis Guasch (Editor) and J. Humberto Lopez (Editor) |
PABLO FAJNZYBLER is senior economist in the Chief Economist's Office of the Latin America and Caribbean region of the World Bank. Previously, he worked at the Bank's Finance and Private Sector Development Department and at its Development Economics Research Group. He has published in various professional journals on a variety of development topics, including the economic impact of workers' remittances, the dynamics of micro-enterprises in developing countries, the impact of international trade on labour demand, and the economic causes of violent crime. He has also contributed to publications on informality and the determinants of economic growth in Latin America. JOSE LUIS GUASCH is Senior Regional Advisor for Latin America and the Caribbean Region for Regulation and Competitiveness at the World Bank and Professor of Economics, University of California, San Diego. HUMBERTO LOPEZ is Lead Economist in the Central America Management Unit of the World Bank's Latin America and Caribbean region.
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Related CategoriesEconomics
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