- 1815-1973 (online)
The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.
Product Market Regulation in OECD Countries
1998 to 2003
- Paul Conway, Véronique Janod, Giuseppe Nicoletti1
- Author Affiliations
- 1: OECD, France
- 01 Apr 2005
- Bibliographic information
This paper describes trends in product market regulation in OECD countries over the period 1998 to 2003. The analysis is based on summary indicators of product market regulation that measure the degree to which policies promote or inhibit competition. The results suggest that regulatory impediments to competition have declined in all OECD countries in recent years. Regulation has also become more homogenous across the OECD as countries with relatively restrictive policies have, in some areas, moved towards the regulatory environment of the more liberalized countries. Within some countries product market policies have become more consistent across different regulatory provisions, although relatively restrictive countries still tend to have a more heterogeneous approach to competition. In general, domestic barriers to competition tend to be higher in countries that have higher barriers to foreign trade and investment, and high levels of state control and barriers to competition ...
- indicators, product market regulation
- JEL Classification:
- K2: Law and Economics / Regulation and Business Law
- L5: Industrial Organization / Regulation and Industrial Policy