Does Institutional Quality Matter for Firm Performance? Evidence from India
Autor: | S N Rajesh Raj, Kunal Sen |
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Rok vydání: | 2017 |
Předmět: |
Micro level
Corrupt practices Government Public economics Corruption 050204 development studies media_common.quotation_subject 05 social sciences Manufacturing enterprises Affect (psychology) 0502 economics and business Business 050207 economics General Economics Econometrics and Finance Productivity media_common Institutional quality |
Zdroj: | South Asia Economic Journal. 18:184-213 |
ISSN: | 0973-077X 1391-5614 |
DOI: | 10.1177/1391561417713126 |
Popis: | How does institutional quality affect firm performance? We examine the effect of various measures of institutions on firm productivity, using a rich micro level data on manufacturing enterprises in India drawn from the Enterprise Surveys of the World Bank. Our results suggest that bureaucratic corruption negatively influences firm productivity. In contrast, other institutional variables seem to have less influence on firm performance. This suggests that the focus of the Indian government needs to be redirected to address the corrupt practices at various levels rather than focusing just on improving the measures of doing business. |
Databáze: | OpenAIRE |
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