TY - JOUR ID - 72992 TI - The Effect of Ease of Doing Business on Capital Flight: Evidence from East Asian Countries JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 AU - Dehghan Shabani, Zahra AU - Parang, Sara AD - Department of Economics, Shiraz University, Shiraz, Iran Y1 - 2019 PY - 2019 VL - 23 IS - 4 SP - 819 EP - 838 KW - Keywords: Ease of Doing Business KW - Capital Flight KW - Dynamic Panel Data KW - East Asian Countries. JEL Classification: C23 KW - E02 DO - 10.22059/ier.2019.72992 N2 - T he business environment is characterized by environmental and exogenous factors that affect company performance to the extent that it prevents managers from interacting effectively with a company. This study built on the literature on the ease of doing business and capital flight by empirically demonstrating the importance of business environments across different countries. To this end, an econometric model was estimated by using a dynamic panel data model on selected East Asian countries during the period of 2004 to 2015. We found that the ease of doing business exerts negative and significant effects on capital flight. Our estimates suggested that an increase in ease of doing business leads to an average decrease of 0.09% in capital flight in all the examined countries.   UR - https://ier.ut.ac.ir/article_72992.html L1 - https://ier.ut.ac.ir/article_72992_985bf91b6e2d9f11cc6a0c4ddb3caac5.pdf ER -