Wim Marneffe, Bas Aarle, Lode Vereeck
This paper exploits cross country data on regulatory delay for 135 countries. The results from the regression analysis suggest that waiting time stemming from business procedures has a negative impact on economic growth, especially when we take into account possible endogeneity.This paper exploits cross country data on regulatory delay for 135 countries. The results from the regression analysis suggest that waiting time stemming from business procedures has a negative impact on economic growth, especially when we take into account possible endogeneity.