Economy-wide regulation

Product market regulation (PMR) indicators are a comprehensive and internationally-comparable set of indicators that measure the degree to which policies promote or inhibit competition in areas of the product market where competition is viable. They measure the economy-wide regulatory and market environments in 34 OECD countries in (or around) 1998, 2003, 2008 and 2013, and in another 22 non-OECD countries in 2013. They are consistent across time and countries. Users of the data must be aware that they may no longer fully reflect the current situation in fast reforming countries. The indicators cover formal regulations in the following areas: state control of business enterprises; legal and administrative barriers to entrepreneurship; barriers to international trade and investment. Not all data are available for all countries for all years.

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Keywords: PMR, market, regulation, control, ownership, barriers