Measuring the Impact of the Business Environment on Gross domestic product in Two Groups of Islamic Developing (D8) and Selected Countries (with Emphasis on the GCI of the Global Economic Forum)

One of the most important issues facing governments and economic leaders is economic growth and the factors that affect it. The use of production inputs and innovation would lead to sustained economic growth, which is a prerequisite and predictable environment for entrepreneurs and businesses. Despite this, entrepreneurs and firms are confronted with different barriers to business processes. In this study, the impact of the business environment on Gross domestic product has been measured based on the (GCI) Global Competitiveness Index Report. To do this, the data of the eight developing Islamic countries (D8) and the seven selected countries, have been estimated in the period 2015-2011 in the form of a panel and the proposed model is estimated. The results of the model's estimation show that the impact of the development of financial markets and the rank of infrastructure on the GDP of selected countries is negative and significant and its rate for 10% decrease in the rank of financial markets and infrastructures is 0.0001 And 0.00016 Gross domestic product. This effect was negative and non-significant for the D8 countries.