Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24204
Authors: 
Heinemann, Friedrich
Year of Publication: 
2006
Series/Report no.: 
ZEW Discussion Papers 06-12
Abstract: 
This paper treats the question to what extent globalization trends restrict a countryspecific regulation policy in industrial countries. The empirical analysis makes use of recently collected regulation indicators for four policy fields: financial market, product markets, labour markets and trade. After a short discussion of the link between globalization and deregulation and a descriptive view at the correlations, a panel analysis for OECD countries for the period 1975 to 2001 is executed. The evidence shows that globalization in the narrow sense of trade openness and capital mobility has a rather limited impact as an immediate driver of deregulation. However, in a wider sense globalization definitions also comprise the easier flow of knowledge and information across borders resulting in more effective cross-border learning processes.
Subjects: 
economic policy reforms
structural reforms
regulation
JEL: 
E63
H00
Document Type: 
Working Paper

Files in This Item:
File
Size
222.12 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.