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Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that competition is important for promoting economic...
Persistent link: https://www.econbiz.de/10012444401
The paper examines the current state of competition in a number of sectors that are important for the economy. Because of the country’s small size and isolation, the analysis focuses on barriers to entry, investment and external trade, rather than some standard indicators of competition...
Persistent link: https://www.econbiz.de/10012444441
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
discusses the main policy issues raised by the need to adapt the regulation of the noncompetitive segments of these industries …
Persistent link: https://www.econbiz.de/10012445164
; iii) abolishing overly prescriptive regulation in the retail sector; and iv) removing unnecessary protection in some …
Persistent link: https://www.econbiz.de/10012445441
Following the deep recession in the early 1990s growth has been strong, but the scope for economic catch-up remains considerable and cross-country empirical evidence suggests that enhancing competition is an important means of achieving this. Structural reforms to strengthen competition in the...
Persistent link: https://www.econbiz.de/10012445451
The paper looks at patterns of regulation in service industries and explores their implications for service performance …. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on … regulation can encourage competition, efficiency and investment in those segments of the service industries where non …
Persistent link: https://www.econbiz.de/10012446449
The strength of product market competition plays an important role in ensuring dynamic economic growth. This paper examines product market competition and its link with economic performance in Switzerland whose growth has been weaker than in most OECD countries since 1980. It shows that...
Persistent link: https://www.econbiz.de/10012447088
that important policy goals are addressed, and market failures tackled. However, regulation can also create barriers to the … address the policy objectives and the market failure(s) regulation is intended to solve. This paper relies on the last vintage … of the Product Market Regulation indicators to determine to what extent Poland's National Recovery and Resilience Plan …
Persistent link: https://www.econbiz.de/10014435849
. However, regulation can also create barriers to the entry and expansion of firms, which may limit and distort competition … market failure(s) regulation is intended to remedy. The OECD developed in the late 1990s a set of Product Market Regulation …
Persistent link: https://www.econbiz.de/10013523698