Trade credit remains an important source of finance for firms in developing countries and many firms in developed countries, especially those that are young, small, or informationally opaque for other...
This study examines how firms have made strategic choices and performed during the COVID-19 pandemic. Drawing on the organizational resources and strategic change literature, it uses World Bank Enterprise...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
Tournament competition is viewed as motivating bureaucrats in promoting growth. This paper examines how this incentive leads to economic performance manipulation. Using data from Chinese cities, the analysis...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
This paper documents that the spread of communism in China was partly caused by state failures in the early 20th century. It finds that famines became more frequent after China fell into warlord fragmentation...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
This paper provides one of the first comprehensive and most updated studies on the effects of firms’ organizational resources, country institutions, and national culture on the survival and growth of private...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
Interest Bearing Notes is a product of the Finance and Private Sector Research Team in the World Bank's Development Research Group. It reports on research by the team, as well as non-World Bank research...
Leveraging data in 147 countries from the Johns Hopkins University, the World Bank, and other sources, we investigate how the COVID-19 pandemic spread and how the mortality rates are associated with preexisting...
Using a novel, nationally representative data set on fraud victimization, this paper examines the impact of credit constraints on fraud victimization and potential underlying mechanisms in Chinese urban...
Studies of female business leaders and economic performance are rarely conducted with worldwide observational data, and with considerations on the underlying cultural, institutional, and business environment...
The serious implications of privatizing state-owned enterprises for politicians, managers, and investors make such decisions highly contingent on firm characteristics and past performance, complicating...
A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial two decades of transition (from the early 1990s to the early 2010s), this paper documents...
Using multiple sources of national- and firm-level data around the world, this paper investigates how the effects of the business environment depend on whether the measure is de jure or de facto, and how...
Using World Bank Enterprise Survey data around the world, this paper examines how foreign direct investment is associated with female entrepreneurship (that is, a firm being managed and at least partly...
Despite the literature on rural land property rights, studies on urban land property rights are rare. This paper studies the impact of an urban land titling program on firm investment. It finds that the...