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Regulation in Services: OECD Patterns and Economic Implications

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Author Info
Giuseppe Nicoletti ()

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Abstract

The paper looks at patterns of regulation in service industries and explores their implications for service performance. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on data recently collected and summarised by the OECD. The paper also surveys the available cross-country empirical evidence on the effects of regulatory reform on service productivity, prices and innovation. Finally, it discusses ways in which regulation can encourage competition, efficiency and investment in those segments of the service industries where non-competitive elements persist. The main conclusions reached are: i) in the past two decades OECD governments extensively reformed regulatory environments in both competitive and network service industries, generally making them closer to market mechanisms; ii) however due to differences in initial conditions and in the pace of reform, within each service industry the dispersion of ...


Cette étude analyse les approches réglementaires dans les secteurs des services et explore leurs implications pour les performances sectorielles dans les pays de l’OCDE. En concentrant l’attention sur les restrictions imposées aux mécanismes de marché, l’étude décrit l’état de la régulation des services en 1998 à partir des données récemment rassemblées par l’OCDE. L’étude examine aussi l’évidence empirique concernant les effets de la réforme de la réglementation sur la productivité, les prix et l’innovation dans les services. Enfin, elle analyse la manière dont la régulation peut encourager la concurrence, l’efficience et l’investissement dans les marchés des services où il existe encore des segments non-concurrentiels. Les principales conclusions sont : i) au cours des deux dernières décennies les gouvernements de l’OCDE ont réformé d’une façon extensive les réglementations concernant les services purement concurrentiels et les services de réseaux ; ii) pourtant, à cause de ...

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Paper provided by OECD Economics Department in its series OECD Economics Department Working Papers with number 287.

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Date of creation: 08 Feb 2001
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Handle: RePEc:oec:ecoaaa:287-en

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Related research
Keywords: network industries competition policy réglementation réforme de la réglementation industrie de réseau politique de la concurrence services libéralisation privatisation services regulatory reforms regulation liberalisation privatisation

Find related papers by JEL classification:
K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
L80 - Industrial Organization - - Industry Studies: Services - - - General
L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

Cited by:
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  1. Adriana Kugler & Giovanni Pica, 2003. "Effects of Employment Protection and Product Market Regulations on the Italian Labor Market," Economics Working Papers 722, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
  2. Henk Kox & Arjan Lejour, 2005. "Liberalisation of the European services market and its impact on Switzerland," CPB Memoranda 130, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  3. Tomaso Duso, 2002. "On the Politics of the Regulatory Reform: Econometric Evidence from the OECD Countries," CIG Working Papers FS IV 02-07, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG). [Downloadable!]
  4. Hoekman, Bernard & Mattoo, Aaditya, 2008. "Services trade and growth," Policy Research Working Paper Series 4461, The World Bank. [Downloadable!]
  5. Esther Gordo & Javier Jareño & Alberto Urtasun, 2006. "Radiografía del sector servicios en España," Banco de España Occasional Papers 0607, Banco de España. [Downloadable!]
  6. Roland de Bruijn & Henk Kox & Arjan Lejour, 2006. "The trade-induced effects of the Services Directive and the country of origin principle," CPB Documents 108, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  7. Kugler, Adriana & Pica, Giovanni, 2003. "The Effects Of Employment Protection and Product Market Regulations on The Italian Labor Market," Discussion Paper Series In Economics And Econometrics 0310, Economics Division, School of Social Sciences, University of Southampton. [Downloadable!]
    Other versions:
  8. Pascal Petit, 2002. "The Roots of the New Economy: An Institutional Perspective," International Productivity Monitor, Centre for the Study of Living Standards, vol. 4, pages 39-54, Spring. [Downloadable!]
  9. Henk Kox & Arjan Lejour & Raymond Montizaan, 2004. "The free movement of services within the EU," CPB Documents 69, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
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