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Regulation and investment

Author: Alberto Alesina; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2003.
Series: Working paper series (National Bureau of Economic Research), no. 9560.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: One commonly held view about the difference between continental European countries and other OECD economies, especially 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 product market, concerning in particular  Read more...
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Additional Physical Format: Print version:
Regulation and investment.
Cambridge, Mass. : National Bureau of Economic Research, ©2003
(OCoLC)51981235
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alberto Alesina; National Bureau of Economic Research.
OCLC Number: 52288934
Notes: "March 2003."
Description: 1 online resource (26, [9] pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 9560.
Responsibility: Alberto Alesina [and others].

Abstract:

Abstract: One commonly held view about the difference between continental European countries and other OECD economies, especially 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 product market, concerning in particular entry barriers, are negatively related to investment. The implications of our analysis are clear: regulatory reforms, especially those that liberalize entry, are very likely to spur investment.

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