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The 2018 edition of the OECD PMR indicators and database: Methodological improvements and policy insights

Author

Listed:
  • Cristiana Vitale
  • Rosamaria Bitetti
  • Isabelle Wanner
  • Eszter Danitz
  • Carlotta Moiso

Abstract

This paper presents the latest edition of the OECD indicators of product market regulation (PMR), which measure regulatory stance in 35 OECD and 11 non-OECD countries. This update is based on a new methodology, which has been implemented to ensure that the PMR indicators maintain their relevance in the context of evolving insights from economic theory, modifications in the economic and business environment, and changes in the practice of regulation. The results show that most OECD countries have a regulatory stance that is reasonably competition-friendly, while the 11 non-OECD countries lag behind, though there is considerable variety across them.

Suggested Citation

  • Cristiana Vitale & Rosamaria Bitetti & Isabelle Wanner & Eszter Danitz & Carlotta Moiso, 2020. "The 2018 edition of the OECD PMR indicators and database: Methodological improvements and policy insights," OECD Economics Department Working Papers 1604, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:1604-en
    DOI: 10.1787/2cfb622f-en
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    Cited by:

    1. Kox, Henk L.M., 2021. "Two short essays on services markets and services regulation," EconStor Preprints 266496, ZBW - Leibniz Information Centre for Economics.
    2. João Amador & Ana Fernandes & Guida Nogueira, 2022. "The competitiveness of the Portuguese economy: A view from a composite indicator," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.

    More about this item

    Keywords

    product market regulation;

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L8 - Industrial Organization - - Industry Studies: Services
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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