러시아ㆍ유라시아
연구정보
[경제] Effects of regulatory burden and corruption on firm performance: Evidence from Moldova
몰도바 국외연구자료 연구보고서 - Wiley Online Library 발간일 : 2023-07-28 등록일 : 2023-08-31 원문링크
Firms in Moldova face a high level of regulatory burden, as proxied by the number of inspections by public authorities. At the same time, they face high levels of corruption. We examine the effect of frequent inspections on four measures of firm performance: labour and total factor productivity, and levels of tangible and intangible assets. We also investigate how corruption affects the relationship between inspections and firm performance. We perform panel data analysis using firm-level administrative data and survey data from Moldova in 2005–2015. The results show that inspections and corruption each affect firm productivity negatively, but corruption moderates the negative effect of inspections. We also find that inspections and intangible assets are positively correlated, but this correlation is weaker for higher levels of corruption. Finally we examine whether these results differ by industry, firm size and ownership types. Inspections and corruption affect medium and large firms, and state-owned enterprises differently from micro and small firms and private firms respectively.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [교육] Moldova - Education Reform Project | 2023-07-23 |
|---|---|---|
| 다음글 | [교육] Enhancing the evaluation of VET programmes and institutions in the Republic... | 2023-09-30 |
