کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5094453 1478497 2015 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Impact of the business environment on output and productivity in Africa
ترجمه فارسی عنوان
تاثیر محیط تجاری بر تولید و بهره وری در آفریقا
کلمات کلیدی
محیط تجارت، توسعه مالی، خرابکاری بهره وری، توسعه آفریقا،
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
We develop a general equilibrium model to assess the quantitative effects of the business environment, including regulations, crime, corruption, infrastructure and access to finance, on output and total factor productivity (TFP) in Sub-Saharan Africa. The first four dimensions are modeled as a tax on output and the finance dimension is modeled as a borrowing constraint. The model is simulated for a sample of Sub-Saharan African countries using the country-specific financial development and the country-specific joint distribution between productivity and taxes. We find that the simulated output and TFP are highly correlated with those in the data and the model accounts for 48% of the variation of output in the data. Access to finance alone accounts for 39% and the other four dimensions account for 11% of the dispersion in output.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Development Economics - Volume 114, May 2015, Pages 159-171
نویسندگان
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