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  • 标题:Regulation and Investment
  • 本地全文:下载
  • 作者:Alberto Alesina ; Silvia Ardagna ; Giuseppe Nicoletti
  • 期刊名称:Economics Department Working Papers / OECD
  • 印刷版ISSN:0259-4633
  • 出版年度:2003
  • 卷号:2003
  • DOI:10.1787/206618567362
  • 出版社:Organisation for Economic Co-operation and Development (OECD)
  • 摘要:One commonly held view about the difference between continental European countries and other OECD countries, especially the United States, is that the heavy regulation of Europe reduces its 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 market, concerning in particular entry barriers, are negatively related to investment. The implications of our analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment ...
  • 关键词:regulation; investment; panel data
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