Romania's European Union accession in 2007 has resulted in a substantial reduction of the formal barriers to integration with the European Union Single Market. This study takes stock of the progress by benchmarking product market policies in Romania to those of European Union countries, as...

To address these challenges, this report proposes measures in the areas of trade, investment and competition policy and presents a set of robust empirical analyses to assess the potential impacts from reforms in these three policy areas

This paper is the first one to show the effects of services regulations on downstream firms in the goods and services sectors in a multiple-country setting using firm-level data. The study selected a group of countries that are economically relatively services-oriented and show varying degrees...

Two sources of growth are firm learning and innovation. Using a unique panel data for 1,686 firms in six countries (Bulgaria, Hungary, Latvia, Lithuania, Romania, and Turkey), this paper applies panel data estimators and Juhn-Murphy Pierce decomposition in order to identify the effects of the...

This paper examines productivity growth in Romania using balance sheet data for a census of Romanian firms in 2011-17. Three measures of productivity are estimated: labor productivity, revenue total factor productivity, and revenue total factor productivity adjusted for markups. Drawing from...