non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes …

whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …

institutions. For a panel of OECD countries, we find that anticompetitive product market regulations are associated with lower MFP … of product market regulations on MFP may depend on the level of labour market regulations. Better institutions, a more … in labour market regulations, barriers to trade and investment and institutions (including corruption). …

This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …