Aterido, Reyes; Hallward-Driemeier, Mary; Pages, Carmen - Economics Research, World Bank Group - 2009
Using data on more than 56,000 enterprises in 90 countries, this paper finds that objective conditions in the business … employment growth. The paper focuses on four areas: access to finance, business regulations, corruption, and infrastructure. The … the possible endogeneity of the business environment. Controlling for endogeneity revises the finding that small firms …