Business environment and quality of economic development–Evidence from countries along the Belt and Road

Jing Ma and Zhangyin He

Finance Research Letters, 2024, vol. 69, issue PA

Abstract: This study examines the impact of the business environment on economic development quality in 66 Belt and Road Initiative countries from 2015 to 2020. It finds that the business environment significantly boosts economic development quality, with the total labor force serving as a mediating variable. Further analysis shows that the impact is more pronounced in countries with higher economic development levels, providing insights and a framework for countries aiming to enhance their economic development quality.

Keywords: Business environment; Quality of economic development; Belt and Road; Labor force (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010511

DOI: 10.1016/j.frl.2024.106021

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