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...
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| Veröffentlicht in: | Journal of the European Economic Association 2005-06, Vol.3 (4), p.791-825 |
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| Hauptverfasser: | , , , |
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| Sprache: | eng |
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| container_end_page | 825 |
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| container_issue | 4 |
| container_start_page | 791 |
| container_title | Journal of the European Economic Association |
| container_volume | 3 |
| creator | Alesina, Alberto Ardagna, Silvia Nicoletti, Giuseppe Schiantarelli, Fabio |
| description | 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. |
| doi_str_mv | 10.1162/1542476054430834 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 1542-4766 |
| ispartof | Journal of the European Economic Association, 2005-06, Vol.3 (4), p.791-825 |
| issn | 1542-4766 1542-4774 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_36822307 |
| source | Business Source Complete; JSTOR; Oxford Journals |
| subjects | 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 |
| title | REGULATION AND INVESTMENT |
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