Product Market Regulation in Romania : A Comparison with OECD Countries
Less restrictive product market policies
are crucial in promoting convergence to higher levels of GDP
per capita. This paper benchmarks product market policies in
Romania to those of OECD countries by estimating OECD
indicators of Product Market Regulation (PMR). The PMR
indicators allow a comprehensive mapping of policies
affecting competition in product markets. Comparison with
OECD countries reveals that Romania's product market