Regulation and investment

被引:216
作者
Alesina, A [1 ]
Ardagna, S
Nicoletti, G
Schiantarelli, F
机构
[1] Harvard Univ, Cambridge, MA 02138 USA
[2] NBER, Cambridge, MA 02138 USA
[3] Boston Coll, Chestnut Hill, MA 02167 USA
关键词
D O I
10.1162/1542476054430834
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:791 / 825
页数:35
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