Business Regulation and Economic Performance

The objective of this volume is to document the patterns of business regulation across the world and review their impact on aggregate economic performance. The volume adopts a comparative cross-regional perspective, with particular attention to Lat...

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Main Authors: Loayza, Norman V., Servén, Luis
Format: Publication
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
CPI
GDP
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110518030320
http://hdl.handle.net/10986/2554
id okr-10986-2554
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADMINISTRATIVE BURDENS
ADVERSE EFFECT
ADVERSE EFFECTS
ADVERSE IMPACT
AGRICULTURE
ALLOCATION OF GOODS
ALLOCATION OF RESOURCES
ALLOCATIVE EFFICIENCY
AVERAGE PRODUCTIVITY
BANKRUPTCY
BARRIERS TO ENTRY
BENCHMARK
BURDEN OF REGULATION
BUSINESS REGULATION
CAPITAL GOODS
CENTRAL BANK
COMPETITION POLICIES
COMPETITIVE INDUSTRIES
COMPETITIVE MARKETS
COMPETITIVE PRESSURE
COMPETITIVE PRESSURES
COMPETITORS
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMERS
COSTS OF REGULATION
CPI
CREDIT RATIONING
DEMAND ELASTICITY
DEREGULATION
DEVELOPED COUNTRIES
ECONOMETRIC ESTIMATES
ECONOMIC ACTIVITY
ECONOMIC CONSEQUENCES
ECONOMIC COSTS
ECONOMIC DEVELOPMENT
ECONOMIC EFFICIENCY
ECONOMIC GROWTH
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
ECONOMICS
ECONOMIES OF SCALE
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPIRICAL RESEARCH
ENFORCEMENT CAPACITY
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL PROTECTION
ENVIRONMENTS
EQUILIBRIUM
EQUILIBRIUM PRICES
EXCHANGE RATES
EXTERNALITIES
FACTOR DEMAND
FINANCIAL MARKETS
FINANCIAL RESOURCES
FISCAL POLICY
FUTURE RESEARCH
GDP
GDP PER CAPITA
GOVERNMENT INTERVENTION
GOVERNMENT REGULATION
GOVERNMENT SERVICES
GROSS DOMESTIC PRODUCT
GROWTH MODELS
GROWTH RATE
HIGH UNEMPLOYMENT
HUMAN CAPITAL
IMPACT OF REGULATION
IMPACT OF REGULATIONS
IMPORT BARRIERS
INCOME LEVELS
INCREASING RETURNS
INDUSTRIAL ECONOMIES
INEFFICIENCY
INTERMEDIATE INPUTS
INTERNATIONAL MARKETS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LEGAL FRAMEWORK
LEGAL STATUS
LEGAL SYSTEM
LEGISLATION
MACROECONOMIC PERFORMANCE
MACROECONOMICS
MANAGERIAL SLACK
MARGINAL COSTS
MARKET FAILURES
MARKET POWER
MARKET REFORM
MARKET REFORMS
MARKET SHARE
MARKET STRUCTURE
MONOPOLY
MONOPOLY RENTS
NATURAL MONOPOLIES
PATENTS
POLICY IMPLICATION
POLICY IMPLICATIONS
POLICY PERSPECTIVE
POLITICAL ECONOMY
PRESENT VALUE
PRICE CONTROLS
PRODUCERS
PRODUCT MARKET
PRODUCT MARKETS
PRODUCTION COSTS
PRODUCTION FUNCTION
PRODUCTION INPUTS
PRODUCTION PROCESSES
PRODUCTIVE RESOURCES
PRODUCTIVITY GROWTH
PROFESSIONAL SERVICES
PROPERTY RIGHTS
PUBLIC GOODS
PUBLIC INTEREST
PUBLIC OWNERSHIP
PUBLIC PARTICIPATION
PUBLIC POLICY
PUBLIC SECTOR
REAL WAGES
REGULATORY BURDEN
REGULATORY CHANGES
REGULATORY COMPLIANCE
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY GOALS
REGULATORY POLICIES
REGULATORY POLICY
REGULATORY PROVISIONS
REGULATORY REFORM
REGULATORY REFORMS
REGULATORY REGIMES
RETAIL
RETAIL TRADE
RULES
SAFETY
SALES
SCALE EFFECT
SCALE EFFECTS
SET OF RULES
SOCIAL COSTS
SOCIAL WELFARE
SUPPLIERS
TAXATION
TECHNOLOGICAL PROGRESS
TERMS OF TRADE
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE BARRIERS
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TURNOVER
VALUE ADDED
VOLATILITY
WAGES
WELFARE EFFECTS
spellingShingle ADMINISTRATIVE BURDENS
ADVERSE EFFECT
ADVERSE EFFECTS
ADVERSE IMPACT
AGRICULTURE
ALLOCATION OF GOODS
ALLOCATION OF RESOURCES
ALLOCATIVE EFFICIENCY
AVERAGE PRODUCTIVITY
BANKRUPTCY
BARRIERS TO ENTRY
BENCHMARK
BURDEN OF REGULATION
BUSINESS REGULATION
CAPITAL GOODS
CENTRAL BANK
COMPETITION POLICIES
COMPETITIVE INDUSTRIES
COMPETITIVE MARKETS
COMPETITIVE PRESSURE
COMPETITIVE PRESSURES
COMPETITORS
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMERS
COSTS OF REGULATION
CPI
CREDIT RATIONING
DEMAND ELASTICITY
DEREGULATION
DEVELOPED COUNTRIES
ECONOMETRIC ESTIMATES
ECONOMIC ACTIVITY
ECONOMIC CONSEQUENCES
ECONOMIC COSTS
ECONOMIC DEVELOPMENT
ECONOMIC EFFICIENCY
ECONOMIC GROWTH
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
ECONOMICS
ECONOMIES OF SCALE
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPIRICAL RESEARCH
ENFORCEMENT CAPACITY
ENVIRONMENTAL
ENVIRONMENTAL CONSERVATION
ENVIRONMENTAL PROTECTION
ENVIRONMENTS
EQUILIBRIUM
EQUILIBRIUM PRICES
EXCHANGE RATES
EXTERNALITIES
FACTOR DEMAND
FINANCIAL MARKETS
FINANCIAL RESOURCES
FISCAL POLICY
FUTURE RESEARCH
GDP
GDP PER CAPITA
GOVERNMENT INTERVENTION
GOVERNMENT REGULATION
GOVERNMENT SERVICES
GROSS DOMESTIC PRODUCT
GROWTH MODELS
GROWTH RATE
HIGH UNEMPLOYMENT
HUMAN CAPITAL
IMPACT OF REGULATION
IMPACT OF REGULATIONS
IMPORT BARRIERS
INCOME LEVELS
INCREASING RETURNS
INDUSTRIAL ECONOMIES
INEFFICIENCY
INTERMEDIATE INPUTS
INTERNATIONAL MARKETS
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
LABOR FORCE
LABOR MARKET
LABOR MARKETS
LABOR PRODUCTIVITY
LEGAL FRAMEWORK
LEGAL STATUS
LEGAL SYSTEM
LEGISLATION
MACROECONOMIC PERFORMANCE
MACROECONOMICS
MANAGERIAL SLACK
MARGINAL COSTS
MARKET FAILURES
MARKET POWER
MARKET REFORM
MARKET REFORMS
MARKET SHARE
MARKET STRUCTURE
MONOPOLY
MONOPOLY RENTS
NATURAL MONOPOLIES
PATENTS
POLICY IMPLICATION
POLICY IMPLICATIONS
POLICY PERSPECTIVE
POLITICAL ECONOMY
PRESENT VALUE
PRICE CONTROLS
PRODUCERS
PRODUCT MARKET
PRODUCT MARKETS
PRODUCTION COSTS
PRODUCTION FUNCTION
PRODUCTION INPUTS
PRODUCTION PROCESSES
PRODUCTIVE RESOURCES
PRODUCTIVITY GROWTH
PROFESSIONAL SERVICES
PROPERTY RIGHTS
PUBLIC GOODS
PUBLIC INTEREST
PUBLIC OWNERSHIP
PUBLIC PARTICIPATION
PUBLIC POLICY
PUBLIC SECTOR
REAL WAGES
REGULATORY BURDEN
REGULATORY CHANGES
REGULATORY COMPLIANCE
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY GOALS
REGULATORY POLICIES
REGULATORY POLICY
REGULATORY PROVISIONS
REGULATORY REFORM
REGULATORY REFORMS
REGULATORY REGIMES
RETAIL
RETAIL TRADE
RULES
SAFETY
SALES
SCALE EFFECT
SCALE EFFECTS
SET OF RULES
SOCIAL COSTS
SOCIAL WELFARE
SUPPLIERS
TAXATION
TECHNOLOGICAL PROGRESS
TERMS OF TRADE
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE BARRIERS
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TURNOVER
VALUE ADDED
VOLATILITY
WAGES
WELFARE EFFECTS
Loayza, Norman V.
Servén, Luis
Business Regulation and Economic Performance
description The objective of this volume is to document the patterns of business regulation across the world and review their impact on aggregate economic performance. The volume adopts a comparative cross-regional perspective, with particular attention to Latin America. The research reported here focuses on establishing the analytical and empirical links between microeconomic regulatory policies on the one hand, and aggregate productivity, growth, and volatility on the other. Thus, the volume adds to a novel but increasingly influential line of policy-relevant research that seeks to understand macroeconomic phenomena from a microeconomic perspective. Such literature is still fairly scarce in the case of industrial countries, and virtually in its infancy for developing countries. To achieve this end, the volume combines a variety of methodological approaches-analytical and empirical, micro and macroeconomic, single- and cross-country-to an extent limited mainly by the availability of suitable data. Following this overview, the volume comprises six chapters that address the subject from different but complementary perspectives, providing a comprehensive exploration of the various channels through which business regulation affects growth, stability, and other key macroeconomic dimensions.
author2 Loayza, Norman V.
author_facet Loayza, Norman V.
Loayza, Norman V.
Servén, Luis
format Publications & Research :: Publication
author Loayza, Norman V.
Servén, Luis
author_sort Loayza, Norman V.
title Business Regulation and Economic Performance
title_short Business Regulation and Economic Performance
title_full Business Regulation and Economic Performance
title_fullStr Business Regulation and Economic Performance
title_full_unstemmed Business Regulation and Economic Performance
title_sort business regulation and economic performance
publisher Washington, DC: World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110518030320
http://hdl.handle.net/10986/2554
_version_ 1764385639185252352
spelling okr-10986-25542021-04-23T14:02:02Z Business Regulation and Economic Performance Loayza, Norman V. Servén, Luis Loayza, Norman V. Servén, Luis ADMINISTRATIVE BURDENS ADVERSE EFFECT ADVERSE EFFECTS ADVERSE IMPACT AGRICULTURE ALLOCATION OF GOODS ALLOCATION OF RESOURCES ALLOCATIVE EFFICIENCY AVERAGE PRODUCTIVITY BANKRUPTCY BARRIERS TO ENTRY BENCHMARK BURDEN OF REGULATION BUSINESS REGULATION CAPITAL GOODS CENTRAL BANK COMPETITION POLICIES COMPETITIVE INDUSTRIES COMPETITIVE MARKETS COMPETITIVE PRESSURE COMPETITIVE PRESSURES COMPETITORS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMERS COSTS OF REGULATION CPI CREDIT RATIONING DEMAND ELASTICITY DEREGULATION DEVELOPED COUNTRIES ECONOMETRIC ESTIMATES ECONOMIC ACTIVITY ECONOMIC CONSEQUENCES ECONOMIC COSTS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIC RESEARCH ECONOMICS ECONOMIES OF SCALE EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH ENFORCEMENT CAPACITY ENVIRONMENTAL ENVIRONMENTAL CONSERVATION ENVIRONMENTAL PROTECTION ENVIRONMENTS EQUILIBRIUM EQUILIBRIUM PRICES EXCHANGE RATES EXTERNALITIES FACTOR DEMAND FINANCIAL MARKETS FINANCIAL RESOURCES FISCAL POLICY FUTURE RESEARCH GDP GDP PER CAPITA GOVERNMENT INTERVENTION GOVERNMENT REGULATION GOVERNMENT SERVICES GROSS DOMESTIC PRODUCT GROWTH MODELS GROWTH RATE HIGH UNEMPLOYMENT HUMAN CAPITAL IMPACT OF REGULATION IMPACT OF REGULATIONS IMPORT BARRIERS INCOME LEVELS INCREASING RETURNS INDUSTRIAL ECONOMIES INEFFICIENCY INTERMEDIATE INPUTS INTERNATIONAL MARKETS INTERNATIONAL STANDARD INTERNATIONAL TRADE LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LEGAL FRAMEWORK LEGAL STATUS LEGAL SYSTEM LEGISLATION MACROECONOMIC PERFORMANCE MACROECONOMICS MANAGERIAL SLACK MARGINAL COSTS MARKET FAILURES MARKET POWER MARKET REFORM MARKET REFORMS MARKET SHARE MARKET STRUCTURE MONOPOLY MONOPOLY RENTS NATURAL MONOPOLIES PATENTS POLICY IMPLICATION POLICY IMPLICATIONS POLICY PERSPECTIVE POLITICAL ECONOMY PRESENT VALUE PRICE CONTROLS PRODUCERS PRODUCT MARKET PRODUCT MARKETS PRODUCTION COSTS PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESSES PRODUCTIVE RESOURCES PRODUCTIVITY GROWTH PROFESSIONAL SERVICES PROPERTY RIGHTS PUBLIC GOODS PUBLIC INTEREST PUBLIC OWNERSHIP PUBLIC PARTICIPATION PUBLIC POLICY PUBLIC SECTOR REAL WAGES REGULATORY BURDEN REGULATORY CHANGES REGULATORY COMPLIANCE REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY GOALS REGULATORY POLICIES REGULATORY POLICY REGULATORY PROVISIONS REGULATORY REFORM REGULATORY REFORMS REGULATORY REGIMES RETAIL RETAIL TRADE RULES SAFETY SALES SCALE EFFECT SCALE EFFECTS SET OF RULES SOCIAL COSTS SOCIAL WELFARE SUPPLIERS TAXATION TECHNOLOGICAL PROGRESS TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE BARRIERS TRADE LIBERALIZATION TRANSITION ECONOMIES TURNOVER VALUE ADDED VOLATILITY WAGES WELFARE EFFECTS The objective of this volume is to document the patterns of business regulation across the world and review their impact on aggregate economic performance. The volume adopts a comparative cross-regional perspective, with particular attention to Latin America. The research reported here focuses on establishing the analytical and empirical links between microeconomic regulatory policies on the one hand, and aggregate productivity, growth, and volatility on the other. Thus, the volume adds to a novel but increasingly influential line of policy-relevant research that seeks to understand macroeconomic phenomena from a microeconomic perspective. Such literature is still fairly scarce in the case of industrial countries, and virtually in its infancy for developing countries. To achieve this end, the volume combines a variety of methodological approaches-analytical and empirical, micro and macroeconomic, single- and cross-country-to an extent limited mainly by the availability of suitable data. Following this overview, the volume comprises six chapters that address the subject from different but complementary perspectives, providing a comprehensive exploration of the various channels through which business regulation affects growth, stability, and other key macroeconomic dimensions. 2012-03-19T09:36:21Z 2012-03-19T09:36:21Z 2010 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110518030320 978-0-8213-7407-8 http://hdl.handle.net/10986/2554 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication