The World Bank's Ease of Doing Business reports have been ranking countries since 2006. However, do improvements in rankings generate greater foreign direct investment inflows? This study is the first to test such a proposition empirically with Arellano-Bond dynamic panel estimators using the official rankings from 2006 to 2009. The paper shows this relationship is significant for the average country. However, when the sample is restricted to developing...
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INFORMACIÓN
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2011/09/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5787
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1
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1
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2011/09/01
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Disclosed
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Improvements in the World Bank's ease of doing business rankings : do they translate into greater foreign direct investment inflows ?
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foreign direct investment