The Impact of Regulation On Growth And Informality Cross-Country Evidence, Vol. 1 of 1

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...

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Bibliographic Details
Main Author: Loayza, Norman V.
Other Authors: Oviedo, Ana Maria, Serven, Luis
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2005
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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653 |a Governance Indicators 
653 |a National Governance 
653 |a Burden of Regulation 
653 |a Governance 
653 |a Institutional Framework 
653 |a Governance Quality 
653 |a Macroeco 
653 |a Legal Framework 
653 |a Economic Growth 
653 |a Growth 
653 |a Public Sector Regulation 
653 |a Impact of Regulation 
653 |a Corruption 
653 |a Regulatory Regimes 
653 |a Institutions 
700 1 |a Oviedo, Ana Maria 
700 1 |a Serven, Luis 
700 1 |a Loayza, Norman V. 
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520 |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