TY - BOOK ID - 134298621 TI - The impact of business environment reforms on new firm registration AU - Klapper, Leora AU - Love, Inessa PY - 2010 PB - Washington, D.C., The World Bank, DB - UniCat KW - Business Environment KW - Business in Development KW - Business registration KW - Businesses KW - Competitiveness and Competition Policy KW - E-Business KW - Economic Development KW - Enterprise Development & Reform KW - Entrepreneurship KW - Environment KW - Environmental Economics & Policies KW - Environments KW - Private Sector KW - Private Sector Development KW - Reforms KW - Regulatory environment KW - Result UR - https://www.unicat.be/uniCat?func=search&query=sysid:134298621 AB - The authors use panel data on the number of new firm registrations in 92 countries to study how the magnitude of reforms affects new firm registrations. They find that small reforms, in general less than 40 percent reduction in costs, days, or procedures required for business registration, do not have a significant effect on new firm creation. This suggests that small reforms do not have the intended effect on private sector development. They also find important synergies in multiple reforms of two or more business environment indicators. Finally, they show that countries with relatively weaker business environments require relatively larger reforms in order to impact new firm growth. These results can be helpful to motivate policymakers to make larger, broader reforms. ER -