Improving business environment: a key to unlock investment: evidence from manufacturing firms in Senegal

Siagne, Youssouha Sakrya (2020): Improving business environment: a key to unlock investment: evidence from manufacturing firms in Senegal. Published in: dpee.sn

Abstract

This paper deals with the impact of poor business environment on Total Factor Productivity (TFP), output and investment of manufacturing firms in Senegal. A benchmark study coupled with results from the 2014 World Bank Enterprise Survey narrowed down the list of relevant constraints to doing business in Senegal. As a result, a Real Business Cycle model in a Small Open Economy is used to measure the impact of poor infrastructure , and tax burden and regulations . Results show that poor business environment has sizeable negative impact on output and investment which is a common feature of recent studies

• Item Type: MPRA Paper
• Language: English
• Keywords: business environment; total factor productivity; real business cycles model
• Subjects: D - Microeconomics > D2 - Production and Organizations > D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance

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