Regulation and Investment
利用OECD多国多部门新数据，发现产品市场监管改革促进投资，其中准入自由化作用显著，私有化也有实质影响。
We use newly assembled data on regulation in several sectors of many OECD countries to provide evidence that regulatory reform of product markets is associated with an increase in investment. A component of reform that plays a very important role is entry liberalization, but privatization also has a substantial effect on investment. Sensitivity analysis suggests that our results are robust.