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Relationship between business environment and economic development: Evidence from Southeast Asia

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The paper’s "Relationship between business environment and economic development: Evidence from Southeast Asia" main focus will be the quantified aspects of the business environment on the economic growth of ASEAN Member States. This paper moved to use the entire overall score of IEF as a variable of interest, with a main focus on European countries. This article also included the dummy variable of the European Union (EU) to test the effect of EU membership on economic growth. As the EU is the main theme of the paper, chosen control variables also reflected further characteristics of this region.
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Relationship between business environment and economic development: Evidence from Southeast Asia

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