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OECD Economics Department Working Papers

Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

English, French

Regulations in services sectors and their impact on downstream industries

The OECD 2013 Regimpact Indicator

This document presents the new 2013 set of the OECD Regulatory Impact (REGIMPACT) indicator. It measures the impact of regulatory barriers to competition in non-manufacturing sectors on all industries, through intermediate inputs. The paper describes how the indicator is calculated and discusses a number of challenges and trade-offs when constructing the indicator. They relate to the composition of the indicator, how the slow-moving or time-invariant retail and professional services regulation data are integrated with the annual energy, transport and communication regulation (ETCR) indicator and what sector weights are used for the calculation of the REGIMPACT indicator. The document then compares the 2003, 2008 and 2013 vintages of the REGIMPACT indicator and the alternative (narrow and wide) definitions of the 2013 indicator. Finally, the paper uses sectoral data to illustrate the extent to which different vintages and alternative indicator definitions can possibly influence sector-level panel regression results for outcome variables such as productivity, investment and labour inputs.

English

Keywords: services, regulation, indicators, competition
JEL: L96: Industrial Organization / Industry Studies: Transportation and Utilities / Telecommunications; L91: Industrial Organization / Industry Studies: Transportation and Utilities / Transportation: General; L98: Industrial Organization / Industry Studies: Transportation and Utilities / Industry Studies: Utilities and Transportation: Government Policy; L94: Industrial Organization / Industry Studies: Transportation and Utilities / Electric Utilities; L95: Industrial Organization / Industry Studies: Transportation and Utilities / Gas Utilities; Pipelines; Water Utilities; L92: Industrial Organization / Industry Studies: Transportation and Utilities / Railroads and Other Surface Transportation; L50: Industrial Organization / Regulation and Industrial Policy / Regulation and Industrial Policy: General; L93: Industrial Organization / Industry Studies: Transportation and Utilities / Air Transportation
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