English, Article, Journal or magazine article edition: The impact of regulation on growth and informality - cross-country evidence Loayza, Norman V.; Oviedo, Ana Maria; Serven, Luis

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Bookmark: http://trove.nla.gov.au/version/165614
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The impact of regulation on growth and informality - cross-country evidence
Author
  • Loayza, Norman V.
  • Oviedo, Ana Maria
  • Serven, Luis
Physical Description
  • preprint
Notes
  • The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and economic growth in particular. The authors conclude that a heavier regulatory burden-particularly in product and labor markets-reduces growth and induces informality. These effects are, however, mitigated as the overall institutional framework improves.
  • Governance Indicators,National Governance,Environmental Economics&​Policies,Public Sector Economics&​Finance,Financial Intermediation
  • RePEc:wbk:wbrwps:3623
Language
  • English
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