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 OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a...

The paper investigates labor reallocation across main economic sectors between 1989 and 2007 in the CEE2 countries, now all members of the EU, using a methodology presented in Jackman and Puna (1997). Defining a series of indices aimed at capturing the speed, magnitude and efficiency of...