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Product market regulation index
0-6 from least to most restrictive
The OECD Indicators of Product Market Regulation (PMR) are an internationally-comparable set of indicators that measure the degree to which policies promote or inhibit competition in areas of the product market where competition is viable. The Product market regulation index cover formal regulations in 3 areas: state control of business enterprises (weight of 0.33); legal and administrative barriers to entrepreneurship (0.33); barriers to international trade and investment (0.33). Each area is composed of several indicators.
The scale of the index is 0-6 from least to most restrictive of competition. The database measure the economy-wide regulatory and market environments in 34 OECD countries and in another 22 non-OECD countries in 1998, 2003, 2008 and 2013; they are consistent across time and countries.
For further details see Koske, I. et al. (2015), “The 2013 update of the OECD's database on product market regulation: Policy insights for OECD and non-OECD countries”, OECD Economics Department Working Papers, No. 1200, OECD Publishing.
Source: OECD, Product Market regulation database.