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dc.contributor.authorChen, Yu-Fuen_US
dc.contributor.authorFunke, Michaelen_US
dc.date.accessioned2009-01-28T15:54:33Z-
dc.date.available2009-01-28T15:54:33Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19027-
dc.description.abstractThe role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The analytic strategy of this paper relies upon the stochastic real options modelling approach. In a nutshell, our simulations using numerical methods indicate that comprehensive product market reforms would increase factor demand and growth significantly in the medium and long run.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesCESifo working papers 1563en_US
dc.subject.jelL51en_US
dc.subject.jelJ23en_US
dc.subject.jelD92en_US
dc.subject.jelD81en_US
dc.subject.jelC61en_US
dc.subject.ddc330en_US
dc.subject.keywordproduct market competitionen_US
dc.subject.keywordregulationen_US
dc.subject.keywordreal optionsen_US
dc.subject.keywordinvestmenten_US
dc.subject.keywordemploymenten_US
dc.subject.stwDeregulierungen_US
dc.subject.stwFaktornachfrageen_US
dc.subject.stwRealoptionen_US
dc.subject.stwInvestitionen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwWettbewerben_US
dc.subject.stwTheorieen_US
dc.titleProduct market competition, investment and employment-abundant versus job-poor growth : a real options perspectiveen_US
dc.typeWorking Paperen_US
dc.identifier.ppn503683752en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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