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Labor > Regulation (vs) Labor > Regulation > Hiring

VIEW DATA:   Comparison scatterplot  
Plot and variable details   Full screen   Printable version   
    Flags   Circles (same size)   Circles (by population)   Circles (by GDP)   Circles (by land area)  
81
Labor > Regulation > Hiring
17
20 Labor > Regulation 79

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Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.523 (this correlation is weak)

X Axis Y Axis
Variable: Labor > Regulation Labor > Regulation > Hiring
Plot Display: Logarithmic (base 10) Logarithmic (base 10)
Definition: This statistic is an average of "Regulation - Hiring", "Regulation - Firing", and "Regulation - Employment Conditions". Nations are listed with an Employment Laws Index between 1 and 100. The higher the index, the more the nation regulates Employment. Nations are listed with a Flexibility of Hiring Index between 1 and 100. The higher the index, the more the nation in question regulates the hiring process.
Source: The World Bank Group The original methodology and data come from The Regulation of Labor, by Juan Botero, Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer. When using the data, please also cite this paper as a reference. The World Bank Group The original methodology and data come from The Regulation of Labor, by Juan Botero, Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer. When using the data, please also cite this paper as a reference
Correlations:
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