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the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10012444698
In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries … OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of … regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is …
Persistent link: https://www.econbiz.de/10012446222
The Regulatory Policy Scan of Bulgaria assesses the country’s regulatory management capacity by taking stock of regulatory policies, institutions and tools, describing trends and recent developments, and identifying gaps in relation to good practices. Improving the entire regulatory policy...
Persistent link: https://www.econbiz.de/10013457930
This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity gap, a key component of cross-country differences in GDP per capita. After a brief review of the theoretical literature, we bring together the results obtained in some of our...
Persistent link: https://www.econbiz.de/10012446050
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we examine the extent to which regulations affecting...
Persistent link: https://www.econbiz.de/10009696511
High expectations surrounded the two waves of eastward EU enlargement in 2004 and 2007, with the extension of the EU Internal Market being expected to deliver a substantial boost to economic growth in new and old member States alike. Indeed, considerable progress has been made, with existing...
Persistent link: https://www.econbiz.de/10005046039
worker (age, sex, education and type of contract) in 12 European and North-American countries. The effects of regulation on … these wage premia are estimated by panel data regression techniques. We find that product market regulation restricting …
Persistent link: https://www.econbiz.de/10012445912
This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...
Persistent link: https://www.econbiz.de/10012446021
High expectations surrounded the two waves of eastward EU enlargement in 2004 and 2007, with the extension of the EU Internal Market being expected to deliver a substantial boost to economic growth in new and old member States alike. Indeed, considerable progress has been made, with existing...
Persistent link: https://www.econbiz.de/10012446958
This chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural … institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …
Persistent link: https://www.econbiz.de/10014023494