Administrative Burden measures the extent of domestic bureaucratic regulation. Am excessive administrative burden and too many regulations open doors for discretion and red tape, thereby resulting in a high risk of corruption. Consists of the simple mean of standardized values of: number of procedures required to start up a business; time needed to start up a business; number of tax payments per year; time to pay taxes. The indicators are taken from the World Bank Doing Business Data 2016. This mean value has been transformed to be in range between 1 and 10 with 10 implying the lowest administrative burden.
Type of variable: Continuous
Last updated by source: 2021-12-02