Grey Weighted Sum Model for Evaluating Business Environment in West Africa

Table 1

Hierarchy of the evaluation criteria.

Goal	First-level criteria	Second-level criteria	Index ()
Business Environment of Countries	Starting a Business	Procedures	1
		Time	2
		Cost	3
		Paid-in Minimum Capital	4
	Dealing with Construction Permits	Procedures	5
		Time	6
		Cost	7
	Getting Electricity	Procedures	8
		Time	9
		Cost	10
	Registering Property	Procedures	11
		Time	12
		Cost	13
	Getting Credit	Strength of Legal Rights Index	14
		Depth of Credit Information Index	15
		Credit Registry Coverage	16
		Credit Bureau Coverage	17
	Protecting Minority Investors	Extent of Disclosure Index	18
		Extent of Director Liability Index	19
		Ease of Shareholder Suits Index	20
	Paying Taxes	Payments	21
		Time	22
		Profit Tax	23
		Labour Tax and Contributions	24
		Other Taxes	25
	Trading Across Borders	Documents to Export	26
		Time to Export	27
		Cost to Export	28
		Documents to Import	29
		Time to Import	30
		Cost to Import	31
	Enforcing Contracts	Time	32
		Cost	33
		Procedures	34
	Resolving Insolvency	Time	35
		Cost	36
		Recovery Rate	37