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221013 ||| eng |
100 |
1 |
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|a Loayza, Norman V.
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245 |
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|a The Impact of Regulation On Growth And Informality
|h Elektronische Ressource
|b Cross-Country Evidence, Vol. 1 of 1
|c Loayza, Norman V
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260 |
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|a Washington, D.C
|b The World Bank
|c 2005
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300 |
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|a 22 p.
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653 |
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|a Governance Indicators
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653 |
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|a National Governance
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653 |
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|a Burden of Regulation
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653 |
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|a Governance
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653 |
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|a Institutional Framework
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653 |
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|a Governance Quality
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653 |
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|a Macroeco
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653 |
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|a Legal Framework
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653 |
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|a Economic Growth
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653 |
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|a Growth
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653 |
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|a Public Sector Regulation
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653 |
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|a Impact of Regulation
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653 |
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|a Corruption
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653 |
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|a Regulatory Regimes
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653 |
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|a Institutions
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700 |
1 |
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|a Oviedo, Ana Maria
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700 |
1 |
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|a Serven, Luis
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700 |
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|a Loayza, Norman V.
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b WOBA
|a World Bank E-Library Archive
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|u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3623
|x Verlag
|3 Volltext
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|a 330
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|a 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
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