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Product Market Regulation in the Non-Manufacturing Sectors of OECD Countries: Measurement and Highlights

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  • Paul Conway
  • Giuseppe Nicoletti

Abstract

Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over the past three decades. The indicators focus on regulations that affect competitive pressures in areas where competition is economically viable and on the potential costs that these regulations entail for economic activities that use the output of regulated sectors as intermediate inputs in production. The paper illustrates the methodology used to compute the indicators and the patterns of product market regulation and regulatory reform that emerge from the analysis. The robustness of results is assessed in three ways: comparing the indicators to other available data covering the same areas; computing confidence intervals around the indicator values; and listing econometric results obtained by linking the indicators to measures of competition and economic performance. Régulation des services dans les pays de l'OCDE : évaluation et traits saillants Régulation des services dans les pays de l’OCDE : évaluation et traits saillants Ce document décrit un nouvel ensemble d'indicateurs qui mesurent les différences dans la régulation des secteurs non-manufacturiels des pays de l'OCDE au cours de trois dernières décennies. Les indicateurs se concentrent sur les régulations qui influencent la pression concurrentielle dans les domaines d'activité économique où la concurrence est possible, ainsi que sur les coûts potentiels que ces régulations impliquent pour les activités économiques qui utilisent les produits des secteurs régulés comme biens intermédiaires. Le document illustre la méthodologie utilisée pour calculer les indicateurs ainsi que les profils de régulation et de réforme des marchés des biens qui émergent de l'analyse. La robustesse des résultats est vérifiée de trois façons: on compare les indicateurs à d'autres sources d'information concernant les même domaines d'analyse; on calcule des intervalles de confiance centrés sur les valeurs estimées des indicateurs; et on mentionne les résultats conometriques qui ont été obtenus par les nombreuses études qui ont exploité ces indicateurs pour examiner la relation entre l'intensité de la concurrence et la performance économique.

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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 530.

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Date of creation: 07 Dec 2006
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Handle: RePEc:oec:ecoaaa:530-en

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Keywords: competition; regulation; services; indicators; concurrence; régulation; indicateurs; services;

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