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http://hdl.handle.net/10419/54667
  

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dc.contributor.authorArnold, Jensen_US
dc.contributor.authorNicoletti, Giuseppeen_US
dc.contributor.authorScarpetta, Stefanoen_US
dc.date.accessioned2012-01-12T11:00:45Z-
dc.date.available2012-01-12T11:00:45Z-
dc.date.issued2011en_US
dc.identifier.citationEIB Papers 0257-7755 16 2011 1 90-115en_US
dc.identifier.urihttp://hdl.handle.net/10419/54667-
dc.description.abstractIn this paper, we review theory and evidence on the links between product market regulations that curb competitive pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across countries and industries and have evolved differently over time. We argue that differences in regulation have played an important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect regulatory burdens are lighter have generally experienced the highest GDP per capita and productivity growth rates. Moreover, where regulatory burdens are lighter, the reallocation of resources towards the highest-productivity firms is stronger. The impacts of inappropriate regulations on aggregate and firm-level productivity performance are estimated to be quantitatively important and thus, reforming such regulations can provide a significant boost to potential growth in OECD economies.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.subject.ddc330en_US
dc.subject.stwRegulierungen_US
dc.subject.stwAllokationseffizienzen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwSozialprodukten_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwOECD-Staatenen_US
dc.titleRegulation, resource reallocation and productivity growthen_US
dc.typeArticleen_US
dc.identifier.ppn680142991en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:EIB Papers, European Investment Bank (EIB)

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