IDEAS home Printed from
   My bibliography  Save this paper

Summary Indicators of Product Market Regulation with an Extension to Employment Protection Legislation


  • Giuseppe Nicoletti
  • Stefano Scarpetta
  • Olivier Boylaud


This paper presents a database on indicators of product market regulations and employment protection legislation for most of the OECD countries and illustrates a methodology for aggregating these detailed indicators into summary indicators of the strictness of regulations. The summary indicators are obtained by means of factor analysis, in which each component of the regulatory framework is weighted according to its contribution to the overall variance in the data. These indicators are used to assess the regulatory approaches across countries as well as the interrelations between various sets of regulatory provisions. While regulatory provisions can be classified and assessed from a variety of standpoints, this paper focuses exclusively on the relative friendliness of regulations to market mechanisms: there is no attempt to assess the overall quality of regulations or their aptness in achieving their stated public policy goals. The guiding principle inspiring the conception of the ... Ce document présente, pour la plupart des pays de l’OCDE, une compilation d’indicateurs des réglementations affectant les marchés de produits et la législation sur la protection de l’emploi. Il décrit une méthode pour regrouper ces indicateurs détaillés dans des indicateurs de synthèse qui mesurent la rigidité du cadre réglementaire. En s’appuyant sur les techniques de l’analyse factorielle, ces indicateurs de synthèse sont construits en pondérant chacune des composantes du cadre réglementaire par sa contribution à l’explication de la variance globale des données. Les indicateurs sont utilisés pour mettre en évidence les pratiques réglementaires des pays de l’OCDE ainsi que pour évaluer les relations transversales entre les différentes composantes de la réglementation. L’accent est mis uniquement sur l’innocuité relative de la réglementation vis à vis des mécanismes de marché. On ne tente pas d’évaluer les qualités globales des réglementations ou leurs aptitudes à atteindre les ...

Suggested Citation

  • Giuseppe Nicoletti & Stefano Scarpetta & Olivier Boylaud, 2000. "Summary Indicators of Product Market Regulation with an Extension to Employment Protection Legislation," OECD Economics Department Working Papers 226, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:226-en
    DOI: 10.1787/215182844604

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item

    More about this item


    collecte de données; data collection; employment protection legislation; législation sur la protection de l'emploi; product market regulation; réglementation des marchés de produits;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • K2 - Law and Economics - - Regulation and Business Law
    • L5 - Industrial Organization - - Regulation and Industrial Policy


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:226-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.