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

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  • Ma, Jing
  • He, Zhangyin

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.

Suggested Citation

  • Ma, Jing & He, Zhangyin, 2024. "Business environment and quality of economic development–Evidence from countries along the Belt and Road," Finance Research Letters, Elsevier, vol. 69(PA).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010511
    DOI: 10.1016/j.frl.2024.106021
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