Improving Product Market Regulation in India: An International and Cross-State comparison
Competition in product markets has been found to be an important determinant of economic performance in developed and developing countries. This paper uses the OECD's indicators of product market regulation (PMR) to assess the extent to which India's regulatory environment is supportive of...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2008
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | Volltext |
Zusammenfassung: | Competition in product markets has been found to be an important determinant of economic performance in developed and developing countries. This paper uses the OECD's indicators of product market regulation (PMR) to assess the extent to which India's regulatory environment is supportive of competition in markets for goods and services. The results indicate that although liberalisation has improved the regulatory environment to international best practices in a few areas, the overall stance of product market regulation is still relatively restrictive. The regulatory environment is also found to vary markedly across the 21 Indian states for which the PMR indicators are estimated. The paper goes on to review various aspects of product market regulation in India and suggest a number of policy initiatives that would improve the degree to which competitive market forces are able to operate. This working Paper relates to the 2007 Economic Survey of India (www.oecd.org/eco/surveys/india) |
Beschreibung: | 1 Online-Ressource (34 Seiten) 21 x 29.7cm |
DOI: | 10.1787/243233330374 |
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spelling | Conway, Paul Verfasser aut Improving Product Market Regulation in India An International and Cross-State comparison Paul Conway and Richard Herd = Améliorer la réglementation des marchés de produits en inde : comparaison internationale et situation dans les différents États / Paul Conway et Richard Herd Améliorer la réglementation des marchés de produits en inde Paris OECD Publishing 2008 1 Online-Ressource (34 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Competition in product markets has been found to be an important determinant of economic performance in developed and developing countries. This paper uses the OECD's indicators of product market regulation (PMR) to assess the extent to which India's regulatory environment is supportive of competition in markets for goods and services. The results indicate that although liberalisation has improved the regulatory environment to international best practices in a few areas, the overall stance of product market regulation is still relatively restrictive. The regulatory environment is also found to vary markedly across the 21 Indian states for which the PMR indicators are estimated. The paper goes on to review various aspects of product market regulation in India and suggest a number of policy initiatives that would improve the degree to which competitive market forces are able to operate. This working Paper relates to the 2007 Economic Survey of India (www.oecd.org/eco/surveys/india) Economics India Herd, Richard ctb https://doi.org/10.1787/243233330374 Verlag kostenfrei Volltext |
spellingShingle | Conway, Paul Improving Product Market Regulation in India An International and Cross-State comparison Economics India |
title | Improving Product Market Regulation in India An International and Cross-State comparison |
title_alt | Améliorer la réglementation des marchés de produits en inde |
title_auth | Improving Product Market Regulation in India An International and Cross-State comparison |
title_exact_search | Improving Product Market Regulation in India An International and Cross-State comparison |
title_exact_search_txtP | Improving Product Market Regulation in India An International and Cross-State comparison |
title_full | Improving Product Market Regulation in India An International and Cross-State comparison Paul Conway and Richard Herd = Améliorer la réglementation des marchés de produits en inde : comparaison internationale et situation dans les différents États / Paul Conway et Richard Herd |
title_fullStr | Improving Product Market Regulation in India An International and Cross-State comparison Paul Conway and Richard Herd = Améliorer la réglementation des marchés de produits en inde : comparaison internationale et situation dans les différents États / Paul Conway et Richard Herd |
title_full_unstemmed | Improving Product Market Regulation in India An International and Cross-State comparison Paul Conway and Richard Herd = Améliorer la réglementation des marchés de produits en inde : comparaison internationale et situation dans les différents États / Paul Conway et Richard Herd |
title_short | Improving Product Market Regulation in India |
title_sort | improving product market regulation in india an international and cross state comparison |
title_sub | An International and Cross-State comparison |
topic | Economics India |
topic_facet | Economics India |
url | https://doi.org/10.1787/243233330374 |
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