Regulation and growth

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2006 English Publisher:Elsevier BVJournal:Economics Letters, volume 92, pages 395-401 (issn: 0165-1765,

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Authors: Simeon Djankov; Caralee McLiesh; Rita Maria Ramalho;

doi: 10.1016/j.econlet.2006.03.021 , 10.2139/ssrn.893321

Regulation and growth

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Abstract

Using objective measures of business regulation in 135 countries, we establish that countries with better regulations grow faster. Improving from the worst quartile of business regulations to the best implies a 2.3 percentage points increase in annual growth.

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