REGULATION AND INVESTMENT

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...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Journal of the European Economic Association 2005-06, Vol.3 (4), p.791-825
Hauptverfasser: Alesina, Alberto, Ardagna, Silvia, Nicoletti, Giuseppe, Schiantarelli, Fabio
Format: Artikel
Sprache:eng
Schlagworte:
Capital investments
Capital stocks
Data analysis
Deregulation
Economic regulation
Financial investments
Financial regulation
Industrial regulation
Investment
Investment return rates
OECD countries
Regulation
Regulatory reform
Transportation regulation
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung: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.
ISSN:1542-4766
1542-4774
DOI:10.1162/1542476054430834