Investment Climate and Firm Performance in Developing Economies

  title={Investment Climate and Firm Performance in Developing Economies},
  author={David L. Dollar and Mary C. Hallward-Driemeier and Taye A. Mengistae},
  journal={Economic Development and Cultural Change},
  pages={1 - 31}
Drawing on recently completed firm‐level surveys in Bangladesh, China, India, and Pakistan, this article investigates the relationship between the investment climate and firm performance. These standardized surveys of large, random samples of firms in common sectors reveal that objective measures of the investment climate vary significantly across countries and across locations within these countries. We focus primarily on measures of the time or monetary cost of different bottlenecks (e.g… 
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