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Product Market Regulation In Romania : A Comparison With OECD Countries
Policy Research Working Papers
Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of the OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Romania's product market policies are less restrictive of competition than mostdoi:10.1596/1813-9450-4402 fatcat:bfs2duji3fampkdkyt7fsbdpny