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Building Ease-of-Doing-Business synthetic indicators using a double reference point approach

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  • Ruiz, Francisco
  • Cabello, José M.
  • Pérez-Gladish, Blanca

Abstract

Investment decision making may require the selection of the geographical areas where the investments will be mainly done. A large number of factors could influence this decision such as the country business atmosphere, the human development level of the country and/or its political and macroeconomic stability.

Suggested Citation

  • Ruiz, Francisco & Cabello, José M. & Pérez-Gladish, Blanca, 2018. "Building Ease-of-Doing-Business synthetic indicators using a double reference point approach," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 130-140.
    • Handle: RePEc:eee:tefoso:v:131:y:2018:i:c:p:130-140
    DOI: 10.1016/j.techfore.2017.06.005
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    References listed on IDEAS

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    1. Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2002. "The Regulation of Entry," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(1), pages 1-37.
    2. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2008. "Debt Enforcement around the World," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 1105-1149, December.
    3. Djankov, Simeon & McLiesh, Caralee & Shleifer, Andrei, 2007. "Private credit in 129 countries," Journal of Financial Economics, Elsevier, vol. 84(2), pages 299-329, May.
    4. Juan C. Botero & Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "The Regulation of Labor," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(4), pages 1339-1382.
    5. Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2008. "The law and economics of self-dealing," Journal of Financial Economics, Elsevier, vol. 88(3), pages 430-465, June.
    6. Cabello, J.M. & Ruiz, F. & Pérez-Gladish, B. & Méndez-Rodríguez, P., 2014. "Synthetic indicators of mutual funds’ environmental responsibility: An application of the Reference Point Method," European Journal of Operational Research, Elsevier, vol. 236(1), pages 313-325.
    7. Simeon Djankov & Tim Ganser & Caralee McLiesh & Rita Ramalho & Andrei Shleifer, 2010. "The Effect of Corporate Taxes on Investment and Entrepreneurship," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(3), pages 31-64, July.
    8. Geginat, Carolin & Ramalho, Rita, 2018. "Electricity connections and firm performance in 183 countries," Energy Economics, Elsevier, vol. 76(C), pages 344-366.
    9. F Ruiz & M Luque & J M Cabello, 2009. "A classification of the weighting schemes in reference point procedures for multiobjective programming," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(4), pages 544-553, April.
    10. Blancas, Francisco J. & Caballero, Rafael & González, Mercedes & Lozano-Oyola, Macarena & Pérez, Fátima, 2010. "Goal programming synthetic indicators: An application for sustainable tourism in Andalusian coastal counties," Ecological Economics, Elsevier, vol. 69(11), pages 2158-2172, September.
    11. Giuseppe Munda, 2008. "Social Multi-Criteria Evaluation for a Sustainable Economy," Springer Books, Springer, number 978-3-540-73703-2, October.
    12. F Ruiz & J M Cabello & M Luque, 2011. "An application of reference point techniques to the calculation of synthetic sustainability indicators," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(1), pages 189-197, January.
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    1. Valentyna Martynenko, 2019. "Assessment Of Favourableness For The Tax System Of Ukraine In The International Context," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(2).
    2. Junaid, Danish & He, Zheng & Afzal, Farman, 2022. "The impact of weak formal institutions on the different phases of the entrepreneurial process," Journal of Business Research, Elsevier, vol. 144(C), pages 236-249.
    3. Jafari-Sadeghi, Vahid & Sukumar, Arun & Pagán-Castaño, Esther & Dana, Léo-Paul, 2021. "What drives women towards domestic vs international business venturing? An empirical analysis in emerging markets," Journal of Business Research, Elsevier, vol. 134(C), pages 647-660.
    4. Jafari-Sadeghi, Vahid & Garcia-Perez, Alexeis & Candelo, Elena & Couturier, Jerome, 2021. "Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation," Journal of Business Research, Elsevier, vol. 124(C), pages 100-111.
    5. Marszk, Adam & Lechman, Ewa, 2024. "What drives sustainable investing? Adoption determinants of sustainable investing exchange-traded funds in Europe," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 63-82.
    6. Qian, Xinbei & Huang, Liangxiong & Wang, Xianbin & Wang, Shuqi, 2022. "Detecting pivotal countries of China's OFDI in the “Belt and Road” initiative: The perspective of similarity of doing business," International Review of Economics & Finance, Elsevier, vol. 77(C), pages 296-311.
    7. Luque, Mariano & Marcenaro-Gutierrez, Oscar D. & Ruiz, Ana B., 2020. "Evaluating the global efficiency of teachers through a multi-criteria approach," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    8. Nazli Goker & E. Ertugrul Karsak & Mehtap Dursun, 2022. "An Integrated QFD and Common Weight DEA-Based Fuzzy MCDM Framework for Performance Ranking of Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(1), pages 409-430, January.
    9. Matheus Pereira Libório & Oseias da Silva Martinuci & Alexei Manso Correa Machado & Renata de Mello Lyrio & Patrícia Bernardes, 2022. "Time–Space Analysis of Multidimensional Phenomena: A Composite Indicator of Social Exclusion Through k-Means," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(2), pages 569-591, January.
    10. Nomeda Dobrovolskienė & Anastasija Pozniak & Manuela Tvaronavičienė, 2021. "Assessment of the Sustainability of a Real Estate Project Using Multi-Criteria Decision Making," Sustainability, MDPI, vol. 13(8), pages 1-19, April.
    11. Mladen Čudanov & Aleksandar Rakićević & Gheorghe Savoiu, 2022. "Composite Indicator of the Organisational Information and Communication Technologies Infrastructure—A Novel Statistical Index Tool," Mathematics, MDPI, vol. 10(15), pages 1-17, July.
    12. Patrícia Bernardes & Petr Iakovlevitch Ekel & Sérgio Fernando Loureiro Rezende & Joel Gomes Pereira Júnior & Angélica Cidália Gouveia Santos & Maurício Andrade Rodrigues Costa & Rafael Lopes Carvalhai, 2022. "Cost of doing business index in Latin America," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2233-2252, August.
    13. Matheus Pereira Libório & Lívia Maria Leite Silva & Petr Iakovlevitch Ekel & Letícia Ribeiro Figueiredo & Patrícia Bernardes, 2022. "Consensus-Based Sub-Indicator Weighting Approach: Constructing Composite Indicators Compatible with Expert Opinion," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1073-1099, December.
    14. Ana Garcia-Bernabeu & José Manuel Cabello & Francisco Ruiz, 2022. "A Reference Point-Based Proposal to Build Regional Quality of Life Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 11-30, November.
    15. Nicky Rogge & Alena Kolyaseva, 2022. "Measuring and comparing World Bank regions’ ‘ease of doing business’ opportunity sets," Journal of Productivity Analysis, Springer, vol. 57(2), pages 131-155, April.
    16. Ana B. Ruiz & Mariano Luque & Oscar D. Marcenaro-Gutierrez, 2022. "On the use of Synthetic Indexes Based on Multi-Criteria Decision Making to Study the Efficiency of Teachers," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(3), pages 1269-1300, October.
    17. Akujuru, Chukunonye A. (PhD) & Enyioko, Newman C. (PhD), 2022. "Ease of Doing Business Policy and Efficiency of Public Enterprise in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(11), pages 501-522, November.
    18. José Manuel Cabello & Francisco Ruiz & Blanca Pérez-Gladish, 2021. "An Alternative Aggregation Process for Composite Indexes: An Application to the Heritage Foundation Economic Freedom Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(2), pages 443-467, January.
    19. Carayannis, Elias G. & Ferreira, João J.M. & Jalali, Marjan S. & Ferreira, Fernando A.F., 2018. "MCDA in knowledge-based economies: Methodological developments and real world applications," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 1-3.
    20. Ana Garcia-Bernabeu & José Manuel Cabello & Francisco Ruiz, 2020. "A Multi-Criteria Reference Point Based Approach for Assessing Regional Innovation Performance in Spain," Mathematics, MDPI, vol. 8(5), pages 1-21, May.

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