期刊名称：HIER Discussion Paper Series / Harvard Institute of Economic Research
出版年度：2002
卷号：2002
出版社：Harvard Institute of Economic Research
摘要：One commonly held view about the di¤erence between continental European countries and other OECD economies, especially the United States, is that the heavy regulation of the former reduces their growth. Using newly assembled data on regulation in several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the product markets, concerning in particular entry barriers, are negatively related to investment. The policy implication of our analysis is clear: regulatory reforms that liberalize entry are very likely to spur investment.
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