Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies

Reforms to foster competition in product markets have been shown to improve productivity and support economic growth in advanced economies (AEs). However, relatively little is known about restrictions to competition in emerging market and developin...

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Main Authors:	Dauda, Seidu, Drozd, Maciej
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	PRODUCT MARKET REGULATION INVESTMENT CLIMATE COMPETITION POLICY STATE-OWNED ENTERPRISES EMERGING MARKET ECONOMIES PRODUCTIVITY GROWTH
Online Access:	http://documents.worldbank.org/curated/en/852921599796685144/Barriers-to-Competition-in-Product-Market-Regulation-New-Insights-on-Emerging-Market-and-Developing-Economies http://hdl.handle.net/10986/34607

id	okr-10986-34607
recordtype	oai_dc
spelling	okr-10986-346072021-05-25T10:54:40Z Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies Dauda, Seidu Drozd, Maciej PRODUCT MARKET REGULATION INVESTMENT CLIMATE COMPETITION POLICY STATE-OWNED ENTERPRISES EMERGING MARKET ECONOMIES PRODUCTIVITY GROWTH Reforms to foster competition in product markets have been shown to improve productivity and support economic growth in advanced economies (AEs). However, relatively little is known about restrictions to competition in emerging market and developing economies (EMDEs). We fill this gap by comparing product market regulations across 33 AEs and 37 EMDEs using standardized indicators developed by the Organization for Economic Co-operation and Development and collected jointly with the World Bank Group. Product market regulations are found to be more restrictive and more variable in EMDEs than in AEs. Most variation among countries can be attributed to differences in sector policies. This analysis allows policy makers to identify areas for reform and prompts policy researchers to investigate the links between product market regulation and economic development in EMDEs. 2020-10-13T18:08:12Z 2020-10-13T18:08:12Z 2020-10-08 Brief http://documents.worldbank.org/curated/en/852921599796685144/Barriers-to-Competition-in-Product-Market-Regulation-New-Insights-on-Emerging-Market-and-Developing-Economies http://hdl.handle.net/10986/34607 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PRODUCT MARKET REGULATION INVESTMENT CLIMATE COMPETITION POLICY STATE-OWNED ENTERPRISES EMERGING MARKET ECONOMIES PRODUCTIVITY GROWTH
spellingShingle	PRODUCT MARKET REGULATION INVESTMENT CLIMATE COMPETITION POLICY STATE-OWNED ENTERPRISES EMERGING MARKET ECONOMIES PRODUCTIVITY GROWTH Dauda, Seidu Drozd, Maciej Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
description	Reforms to foster competition in product markets have been shown to improve productivity and support economic growth in advanced economies (AEs). However, relatively little is known about restrictions to competition in emerging market and developing economies (EMDEs). We fill this gap by comparing product market regulations across 33 AEs and 37 EMDEs using standardized indicators developed by the Organization for Economic Co-operation and Development and collected jointly with the World Bank Group. Product market regulations are found to be more restrictive and more variable in EMDEs than in AEs. Most variation among countries can be attributed to differences in sector policies. This analysis allows policy makers to identify areas for reform and prompts policy researchers to investigate the links between product market regulation and economic development in EMDEs.
format	Brief
author	Dauda, Seidu Drozd, Maciej
author_facet	Dauda, Seidu Drozd, Maciej
author_sort	Dauda, Seidu
title	Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
title_short	Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
title_full	Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
title_fullStr	Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
title_full_unstemmed	Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies
title_sort	barriers to competition in product market regulation : new insights on emerging market and developing economies
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/852921599796685144/Barriers-to-Competition-in-Product-Market-Regulation-New-Insights-on-Emerging-Market-and-Developing-Economies http://hdl.handle.net/10986/34607
_version_	1764481263878537216

Barriers to Competition in Product Market Regulation : New Insights on Emerging Market and Developing Economies

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