Regulation and Investment
Regulation and Investment
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监管与投资
DOI：
10.2139/ssrn.373100
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发表时间：
2002
期刊：
影响因子：
--
通讯作者：
F. Schiantarelli
中科院分区：
文献类型：
--
作者：
Alberto Alesina;Silvia Ardagna;Giuseppe Nicoletti;F. Schiantarelli
关于欧洲大陆国家与其他经合组织经济体（尤其是美国）之间的差异，一个普遍持有的观点是，欧洲的严格监管降低了其增长。使用新收集的数据，在许多经合组织国家的几个部门的监管，我们提供了大量和强有力的证据表明，在产品市场的各种措施的监管，特别是进入壁垒，是负相关的投资。我们的分析的含义是明确的：监管改革，特别是那些放宽准入的改革，很可能刺激投资。
One commonly held view about the difference between continental European countries and other OECD economies, especially the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the product market, concerning in particular entry barriers, are negatively related to investment. The implications of our analysis are clear: regulatory reforms, especially those that liberalize entry, are very likely to spur investment.