Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19027 
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dc.contributor.authorChen, Yu-Fuen
dc.contributor.authorFunke, Michaelen
dc.date.accessioned2009-01-28T15:54:33Z-
dc.date.available2009-01-28T15:54:33Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1563en
dc.subject.jelL51en
dc.subject.jelJ23en
dc.subject.jelD92en
dc.subject.jelD81en
dc.subject.jelC61en
dc.subject.ddc330en
dc.subject.keywordproduct market competitionen
dc.subject.keywordregulationen
dc.subject.keywordreal optionsen
dc.subject.keywordinvestmenten
dc.subject.keywordemploymenten
dc.subject.stwDeregulierungen
dc.subject.stwFaktornachfrageen
dc.subject.stwRealoptionen
dc.subject.stwInvestitionen
dc.subject.stwBeschäftigungseffekten
dc.subject.stwWettbewerben
dc.subject.stwTheorieen
dc.titleProduct market competition, investment and employment-abundant versus job-poor growth : a real options perspective-
dc.typeWorking Paperen
dc.identifier.ppn503683752en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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