Arnold, Jens Matthias; Nicoletti, Giuseppe; Scarpetta, … - In: EIB papers 16 (2011) 1, pp. 90-115
pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect … regulatory burdens are lighter have generally experienced the highest GDP per capita and productivity growth rates. Moreover …