Product Market Regulation in Romania : A Comparison with OECD Countries
Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of OECD countries by estimating OECD indicators of Product Market Re...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/11/8698478/product-market-regulation-romania-comparison-oecd-countries http://hdl.handle.net/10986/7598 |
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okr-10986-7598 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
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ACTION PLAN ACTION PLANS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE POLICIES ADMINISTRATIVE REGULATION AIR AIR FARES AIR TRANSPORT AIR TRAVEL ALTERNATIVES TO REGULATION BARRIERS TO COMPETITION BARRIERS TO ENTRY BEST PRACTICE BUSINESS ACTIVITY BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS CLIMATE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS OPERATIONS BUSINESS SECTORS BUSINESSES CARRIERS CERTIFICATE CODES OF PRACTICE COMMERCE COMMON MARKET COMMUNICATION STRATEGIES COMMUNICATION STRATEGY COMPETITION POLICY COMPETITIVE ACTIVITIES COMPETITIVE PRESSURES COMPETITIVENESS COMPETITORS COMPLIANCE STRATEGIES CONSUMER PROTECTION CONTACT POINTS CONTROL REGULATION CORPORATE PERFORMANCE DEMOGRAPHIC DOMAIN DOMAINS DOMESTIC INVESTORS DOMESTIC MARKET DRIVERS DRIVING E-GOVERNMENT ECONOMIC ACTIVITY ECONOMIC EFFICIENCY ECONOMIC INSTRUMENTS ECONOMIC PERFORMANCE ELECTRICITY ENFORCEMENT OF REGULATIONS ENTERPRISE SECTOR ENVIRONMENTAL MANAGEMENT EQUIPMENT EXPENDITURES FARES FINANCIAL INSTITUTIONS FINANCIAL SECTOR FISCAL CONSOLIDATION FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN TRADE FREE TRADE FREIGHT FREIGHT SERVICES FREIGHT TRANSPORT GASOLINE GLOBAL MARKETS GOVERNMENT AGENCIES GOVERNMENT BUDGET GOVERNMENT REGULATIONS GOVERNMENT SITE ICT IMPLEMENTING AGENCIES INCOME INCOMES INFLATION INFLATIONARY PRESSURES INNOVATION INSTITUTION INSTITUTIONAL FRAMEWORK INSURANCE INTERFACE INTERNATIONAL AGREEMENTS INTERNATIONAL HARMONIZATION INTERNATIONAL TRADE INVENTORY INVESTMENT BARRIERS JOB CREATION LAND TRANSPORT LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGISLATION LIBERALIZATION LICENSES LIMITED LIABILITY COMPANY MACROECONOMIC STABILITY MANUFACTURING MARKET ACCESS MARKET INCENTIVES MARKET LIBERALIZATION MARKET REGULATION MARKET REGULATIONS MARKET STRUCTURE MEANS OF COMMUNICATION MINISTER MINISTRY OF TRANSPORTATION MOBILE SERVICE MOBILE SERVICES MONOPOLY MOTION PICTURE MOTOR VEHICLES NEW TECHNOLOGY ONE-STOP SHOP ONE-STOP SHOPS PASSENGER TRANSPORT PETROLEUM PRODUCTS POLICY GOALS POLICY IMPLICATION POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIO PRICE COMPETITION PRICE CONTROL PRICE CONTROLS PRICE LIBERALIZATION PRICE REGULATION PRIVATE MARKET PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATIONS PRODUCT MARKET PRODUCT MARKETS PRODUCTIVITY PROFESSIONAL BODIES PROVINCIAL GOVERNMENT PUBLIC ADMINISTRATION PUBLIC ENTERPRISE PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INTEREST PUBLIC OWNERSHIP PUBLIC SECTOR RADIO RAIL RAILROAD RAILWAY RAILWAYS REAL ESTATE REGISTRY REGULATORS REGULATORY APPROACHES REGULATORY AREAS REGULATORY AUTHORITIES REGULATORY BODIES REGULATORY CONTROLS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY GOALS REGULATORY IMPACT REGULATORY IMPACT ASSESSMENT REGULATORY MEASURES REGULATORY POLICIES REGULATORY POLICY REGULATORY PRACTICES REGULATORY PROCESS REGULATORY PROVISIONS REGULATORY REFORM REGULATORY REQUIREMENTS REGULATORY RESTRICTIONS RESULT RESULTS RETAIL RETAIL PRICES ROAD ROAD INFRASTRUCTURE ROAD TRANSPORT ROUTES SAFETY SALE SELF-REGULATION SENIOR MANAGEMENT STARTUPS TECHNICAL STANDARDS TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TRADABLE PERMITS TRADE RELATIONS TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TRANSPORT INFRASTRUCTURE TRUE TYPE OF REGULATION UNIVERSAL SERVICE URBANISM USES VOLUNTARY ARRANGEMENT VOLUNTARY CODES WEB WHOLESALE TRADE WORLD TRADE |
| spellingShingle |
ACTION PLAN ACTION PLANS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE POLICIES ADMINISTRATIVE REGULATION AIR AIR FARES AIR TRANSPORT AIR TRAVEL ALTERNATIVES TO REGULATION BARRIERS TO COMPETITION BARRIERS TO ENTRY BEST PRACTICE BUSINESS ACTIVITY BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS CLIMATE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS OPERATIONS BUSINESS SECTORS BUSINESSES CARRIERS CERTIFICATE CODES OF PRACTICE COMMERCE COMMON MARKET COMMUNICATION STRATEGIES COMMUNICATION STRATEGY COMPETITION POLICY COMPETITIVE ACTIVITIES COMPETITIVE PRESSURES COMPETITIVENESS COMPETITORS COMPLIANCE STRATEGIES CONSUMER PROTECTION CONTACT POINTS CONTROL REGULATION CORPORATE PERFORMANCE DEMOGRAPHIC DOMAIN DOMAINS DOMESTIC INVESTORS DOMESTIC MARKET DRIVERS DRIVING E-GOVERNMENT ECONOMIC ACTIVITY ECONOMIC EFFICIENCY ECONOMIC INSTRUMENTS ECONOMIC PERFORMANCE ELECTRICITY ENFORCEMENT OF REGULATIONS ENTERPRISE SECTOR ENVIRONMENTAL MANAGEMENT EQUIPMENT EXPENDITURES FARES FINANCIAL INSTITUTIONS FINANCIAL SECTOR FISCAL CONSOLIDATION FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN TRADE FREE TRADE FREIGHT FREIGHT SERVICES FREIGHT TRANSPORT GASOLINE GLOBAL MARKETS GOVERNMENT AGENCIES GOVERNMENT BUDGET GOVERNMENT REGULATIONS GOVERNMENT SITE ICT IMPLEMENTING AGENCIES INCOME INCOMES INFLATION INFLATIONARY PRESSURES INNOVATION INSTITUTION INSTITUTIONAL FRAMEWORK INSURANCE INTERFACE INTERNATIONAL AGREEMENTS INTERNATIONAL HARMONIZATION INTERNATIONAL TRADE INVENTORY INVESTMENT BARRIERS JOB CREATION LAND TRANSPORT LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGISLATION LIBERALIZATION LICENSES LIMITED LIABILITY COMPANY MACROECONOMIC STABILITY MANUFACTURING MARKET ACCESS MARKET INCENTIVES MARKET LIBERALIZATION MARKET REGULATION MARKET REGULATIONS MARKET STRUCTURE MEANS OF COMMUNICATION MINISTER MINISTRY OF TRANSPORTATION MOBILE SERVICE MOBILE SERVICES MONOPOLY MOTION PICTURE MOTOR VEHICLES NEW TECHNOLOGY ONE-STOP SHOP ONE-STOP SHOPS PASSENGER TRANSPORT PETROLEUM PRODUCTS POLICY GOALS POLICY IMPLICATION POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIO PRICE COMPETITION PRICE CONTROL PRICE CONTROLS PRICE LIBERALIZATION PRICE REGULATION PRIVATE MARKET PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATIONS PRODUCT MARKET PRODUCT MARKETS PRODUCTIVITY PROFESSIONAL BODIES PROVINCIAL GOVERNMENT PUBLIC ADMINISTRATION PUBLIC ENTERPRISE PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INTEREST PUBLIC OWNERSHIP PUBLIC SECTOR RADIO RAIL RAILROAD RAILWAY RAILWAYS REAL ESTATE REGISTRY REGULATORS REGULATORY APPROACHES REGULATORY AREAS REGULATORY AUTHORITIES REGULATORY BODIES REGULATORY CONTROLS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY GOALS REGULATORY IMPACT REGULATORY IMPACT ASSESSMENT REGULATORY MEASURES REGULATORY POLICIES REGULATORY POLICY REGULATORY PRACTICES REGULATORY PROCESS REGULATORY PROVISIONS REGULATORY REFORM REGULATORY REQUIREMENTS REGULATORY RESTRICTIONS RESULT RESULTS RETAIL RETAIL PRICES ROAD ROAD INFRASTRUCTURE ROAD TRANSPORT ROUTES SAFETY SALE SELF-REGULATION SENIOR MANAGEMENT STARTUPS TECHNICAL STANDARDS TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TRADABLE PERMITS TRADE RELATIONS TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TRANSPORT INFRASTRUCTURE TRUE TYPE OF REGULATION UNIVERSAL SERVICE URBANISM USES VOLUNTARY ARRANGEMENT VOLUNTARY CODES WEB WHOLESALE TRADE WORLD TRADE Fay, Marianne De Rosa, Donato Pauna, Catalin Product Market Regulation in Romania : A Comparison with OECD Countries |
| geographic_facet |
Europe and Central Asia Romania |
| relation |
Policy Research Working Paper; No. 4402 |
| description |
Less restrictive product market policies
are crucial in promoting convergence to higher levels of GDP
per capita. This paper benchmarks product market policies in
Romania to those of OECD countries by estimating OECD
indicators of Product Market Regulation (PMR). The PMR
indicators allow a comprehensive mapping of policies
affecting competition in product markets. Comparison with
OECD countries reveals that Romania's product market
policies are less restrictive of competition than most
direct comparators from the region and not far from the OECD
average. Nonetheless, this achievement should be interpreted
in light of the fact that PMR approach measures officially
adopted policies. It does not capture implementation and
enforcement, the area where future reform efforts should be
directed if less restrictive policies are to have an
effective impact on long-term growth prospects. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Fay, Marianne De Rosa, Donato Pauna, Catalin |
| author_facet |
Fay, Marianne De Rosa, Donato Pauna, Catalin |
| author_sort |
Fay, Marianne |
| title |
Product Market Regulation in Romania : A Comparison with OECD Countries |
| title_short |
Product Market Regulation in Romania : A Comparison with OECD Countries |
| title_full |
Product Market Regulation in Romania : A Comparison with OECD Countries |
| title_fullStr |
Product Market Regulation in Romania : A Comparison with OECD Countries |
| title_full_unstemmed |
Product Market Regulation in Romania : A Comparison with OECD Countries |
| title_sort |
product market regulation in romania : a comparison with oecd countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/11/8698478/product-market-regulation-romania-comparison-oecd-countries http://hdl.handle.net/10986/7598 |
| _version_ |
1764402550204792832 |
| spelling |
okr-10986-75982021-04-23T14:02:34Z Product Market Regulation in Romania : A Comparison with OECD Countries Fay, Marianne De Rosa, Donato Pauna, Catalin ACTION PLAN ACTION PLANS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE POLICIES ADMINISTRATIVE REGULATION AIR AIR FARES AIR TRANSPORT AIR TRAVEL ALTERNATIVES TO REGULATION BARRIERS TO COMPETITION BARRIERS TO ENTRY BEST PRACTICE BUSINESS ACTIVITY BUSINESS ASSOCIATION BUSINESS ASSOCIATIONS BUSINESS CLIMATE BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS OPERATIONS BUSINESS SECTORS BUSINESSES CARRIERS CERTIFICATE CODES OF PRACTICE COMMERCE COMMON MARKET COMMUNICATION STRATEGIES COMMUNICATION STRATEGY COMPETITION POLICY COMPETITIVE ACTIVITIES COMPETITIVE PRESSURES COMPETITIVENESS COMPETITORS COMPLIANCE STRATEGIES CONSUMER PROTECTION CONTACT POINTS CONTROL REGULATION CORPORATE PERFORMANCE DEMOGRAPHIC DOMAIN DOMAINS DOMESTIC INVESTORS DOMESTIC MARKET DRIVERS DRIVING E-GOVERNMENT ECONOMIC ACTIVITY ECONOMIC EFFICIENCY ECONOMIC INSTRUMENTS ECONOMIC PERFORMANCE ELECTRICITY ENFORCEMENT OF REGULATIONS ENTERPRISE SECTOR ENVIRONMENTAL MANAGEMENT EQUIPMENT EXPENDITURES FARES FINANCIAL INSTITUTIONS FINANCIAL SECTOR FISCAL CONSOLIDATION FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN TRADE FREE TRADE FREIGHT FREIGHT SERVICES FREIGHT TRANSPORT GASOLINE GLOBAL MARKETS GOVERNMENT AGENCIES GOVERNMENT BUDGET GOVERNMENT REGULATIONS GOVERNMENT SITE ICT IMPLEMENTING AGENCIES INCOME INCOMES INFLATION INFLATIONARY PRESSURES INNOVATION INSTITUTION INSTITUTIONAL FRAMEWORK INSURANCE INTERFACE INTERNATIONAL AGREEMENTS INTERNATIONAL HARMONIZATION INTERNATIONAL TRADE INVENTORY INVESTMENT BARRIERS JOB CREATION LAND TRANSPORT LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGISLATION LIBERALIZATION LICENSES LIMITED LIABILITY COMPANY MACROECONOMIC STABILITY MANUFACTURING MARKET ACCESS MARKET INCENTIVES MARKET LIBERALIZATION MARKET REGULATION MARKET REGULATIONS MARKET STRUCTURE MEANS OF COMMUNICATION MINISTER MINISTRY OF TRANSPORTATION MOBILE SERVICE MOBILE SERVICES MONOPOLY MOTION PICTURE MOTOR VEHICLES NEW TECHNOLOGY ONE-STOP SHOP ONE-STOP SHOPS PASSENGER TRANSPORT PETROLEUM PRODUCTS POLICY GOALS POLICY IMPLICATION POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIO PRICE COMPETITION PRICE CONTROL PRICE CONTROLS PRICE LIBERALIZATION PRICE REGULATION PRIVATE MARKET PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATIONS PRODUCT MARKET PRODUCT MARKETS PRODUCTIVITY PROFESSIONAL BODIES PROVINCIAL GOVERNMENT PUBLIC ADMINISTRATION PUBLIC ENTERPRISE PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INTEREST PUBLIC OWNERSHIP PUBLIC SECTOR RADIO RAIL RAILROAD RAILWAY RAILWAYS REAL ESTATE REGISTRY REGULATORS REGULATORY APPROACHES REGULATORY AREAS REGULATORY AUTHORITIES REGULATORY BODIES REGULATORY CONTROLS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY GOALS REGULATORY IMPACT REGULATORY IMPACT ASSESSMENT REGULATORY MEASURES REGULATORY POLICIES REGULATORY POLICY REGULATORY PRACTICES REGULATORY PROCESS REGULATORY PROVISIONS REGULATORY REFORM REGULATORY REQUIREMENTS REGULATORY RESTRICTIONS RESULT RESULTS RETAIL RETAIL PRICES ROAD ROAD INFRASTRUCTURE ROAD TRANSPORT ROUTES SAFETY SALE SELF-REGULATION SENIOR MANAGEMENT STARTUPS TECHNICAL STANDARDS TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TRADABLE PERMITS TRADE RELATIONS TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES TRANSMISSION TRANSPARENCY TRANSPORT INFRASTRUCTURE TRUE TYPE OF REGULATION UNIVERSAL SERVICE URBANISM USES VOLUNTARY ARRANGEMENT VOLUNTARY CODES WEB WHOLESALE TRADE WORLD TRADE Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Romania's product market policies are less restrictive of competition than most direct comparators from the region and not far from the OECD average. Nonetheless, this achievement should be interpreted in light of the fact that PMR approach measures officially adopted policies. It does not capture implementation and enforcement, the area where future reform efforts should be directed if less restrictive policies are to have an effective impact on long-term growth prospects. 2012-06-08T20:53:44Z 2012-06-08T20:53:44Z 2007-11 http://documents.worldbank.org/curated/en/2007/11/8698478/product-market-regulation-romania-comparison-oecd-countries http://hdl.handle.net/10986/7598 English Policy Research Working Paper; No. 4402 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Romania |