Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream.
The journal is a unique resource for competition experts. It provides insight into the thinking of competition law enforcers while focusing on the pratical application of competition law and policy.
Trade fell significantly in the aftermath of the financial crisis, even more than the large drop in global production levels. This paper examines to what extent short-term trade finance may have impacted trade levels before and after the crisis hit.
Product market regulation on average is Slovenia does not appear particularly stringent, but heavy state involvement and high market concentration in several industries call for the gauging of competitive pressures in Slovenian industries.
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it.
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The report examines the role of institutions in the promotion of regulatory reform. It highlights how Regulatory Impact Assessment has facilitated the introduction of mechanisms of systematic consultation with those affected by reforms.
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This Position paper presents some key lessons learnt and insights from recent OECD research on the use of regulatory reform during crises and its impacts. These lessons may be of use to policy makers seeking to design, adopt and implement regulatory reform programmes to boost recovery from the global financial and economic crisis.
On 6-7 May 2010, Mexico’s Federal Commission for Regulatory Improvement (COFEMER) and the OECD organised the 25th National Conference for Competitiveness and Regulatory Reform, held in Hermosillo, Mexico. The OECD presented the conclusions of the working paper “Successful Practices and Policies to Promote Regulatory Reform and Entrepreneurship at the Sub-national Level”.
OECD countries have made significant reform progress in recent decades, in fields as diverse as competition policy, health care and the environment. How have they done it? And why have reforms advanced in some places and stalled in others? This collection of essays analyses the reform experiences of the 30 OECD countries in nine major policy domains in order to identify lessons, pitfalls and strategies that may help foster policy reform in the future. While taking full account of the tremendous differences in the political and institutional settings in which these reforms were undertaken, the authors highlight a number of common challenges and potential solutions that hold good across both countries and issue areas. They show that the scope for cross-national policy learning is enormous.
The importance of such reform lessons is all the greater in the wake of the global financial and economic crisis. As OECD governments confront the challenge of trying to restore public finances to health without undermining the recovery, they will need to pursue a careful mix of fiscal policies and growth-enhancing structural reforms. Designing, adopting and implementing such a policy mix will require the crafting of effective reforms and effective strategies for implementing them.
This Working Paper presents preliminary analytical estimates using the 1998 and 2005 surveys of indicators of systems for the management of regulatory quality. Two broad dimensions are found in regulatory management systems using Factor Analysis, and Principal Component Analysis.