Constraints on Growth in the MENA Region
22 Pages Posted: 22 Feb 2010
Date Written: February 2010
Abstract
In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank’s Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.
JEL Classification: D9, F41
Suggested Citation: Suggested Citation