Fay, Marianne; De Rosa, Donato; Pauna, Catalin - In: Journal for Economic Forecasting 5 (2008) 2, pp. 5-34
Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of the OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a...
