Regulation and Investment

We use newly assembled data on regulation in several sectors of many OECD countries to provide evidence that regulatory reform of product markets is associated with an increase in investment. A component of reform that plays a very important role is entry liberalization, but privatization also has a substantial effect on investment. Sensitivity analysis suggests that our results are robust.

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Year of publication:	2005
Authors:	Nicoletti, Giuseppe ; Ardagna, Silvia ; Alesina, Alberto ; Schiantarelli, Fabio
Institutions:	Department of Economics, Harvard University

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Extent:	application/pdf
Series:	Scholarly Articles.
Type of publication:	Book / Working Paper
Notes:	Published in Journal of the European Economic Association
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010550113