Theoretical and Applied Economics
No. 4 / 2024 (641), Winter
The impact of doing business indicators on economic growth in emerging market economies: a cross-sectional analysis
University of Delhi, India
Abstract. This study investigates the relationship between economic growth and Ease of Doing Business (EDB) indicators in emerging economies. By analyzing cross-sectional data from 30 emerging market economies, the study assesses the impact of EDB indicators (Doing Business 2020) on Gross Domestic Product (GDP) per capita. The findings indicate that Singapore has the most favorable business environment, while China exhibits the highest GDP level. Through multiple regression analysis, the study reveals that changes in EDB indicators, particularly related to construction permits, credit availability, property registration, and cross-border trade, explain 81% of the total variation in economic growth. Dealing with construction permits and accessing credit have a negative impact on GDP, whereas property registration and cross-border trade have a positive influence. Among the selected emerging economies, cross-border trade and credit availability significantly affect GDP. The study concludes that a country's business regulations play a crucial role in determining economic growth, emphasizing the importance of identifying and implementing necessary reforms for fostering growth in emerging markets.
Contents
Digitalization and innovation: a regional perspective on their interaction
Assessing the macroeconomic challenges in Romania after the economic and financial crisis
Green finance and innovation input: the promoters of carbon neutrality in China
A simple model of online marketing, production, profit and growth
The relationship of digital payments, macroeconomic variables, and banking stability in developing Asia
Modelling the relationship between inflation and uncertainty with existence of structural break: evidence from Azerbaijan
Analysis of the global energy resources evolution in the context of the population growth
Assessing the impact of energy and macroeconomic shocks on the Romanian economy: a Bayesian VAR approach
Two faces of the same coin: integrated perspectives of public and private debt on the effects of interdependence on financial stability
Institutional quality and sustainability: empirical study in 11 MENA countries
The effect of population ageing on savings: a time series analysis for Türkiye
Workplace economics – How does the Impostor Syndrome affect organisational output?
COVID-19 and the labour market: regional shifts of human capital working in technology and employment
Validity of the environmental Kuznets Curve in Bangladesh under the role of financial development
The impact of doing business indicators on economic growth in emerging market economies: a cross-sectional analysis
The essential role of U.S.-China tensions: a fresh insight into the gold market
The dispersion of poverty in some Romanian rural areas – good examples of rural localities with the lowest poverty rates
The stability and Growth Pact in Practice: inefficiencies of previous debt rules and the way forward
Leaders in disguise: power, perception, and paradox – economics and the fragile authority of politicians
Investigating the corporate debt and real investment nexus: dynamics and challenges in a shifting financial landscape
The hidden economy revealed: profiling informal workers through random forest classification
The impact of oil price shocks on economic growth in Algeria
The determinants of political instability: the role of mining resources
Quantitative easing and its implications for contingent convertible triggers: an analytical perspective