Product Market Regulation and Productivity Convergence
نویسندگان
چکیده
Introduction ................................................................................................................................. 40 Product market regulation and labour productivity in the OECD: convergence and divergence? .................................................................................................. 42 Regulation ................................................................................................................................ 42 Productivity .............................................................................................................................. 43 Does regulation affect productivity growth? ........................................................................... 47 The model ................................................................................................................................ 47 Results ...................................................................................................................................... 48 Simulation results ................................................................................................................... 51 Potential transmission channels ............................................................................................... 55 The effect of product market regulation on ICT investment.............................................. 55 The effect of product market regulation on the location decisions of foreign affiliates................................................................................................................... 62 Directions for future research.................................................................................................... 66 Annex: Data description .............................................................................................................. 72 Bibliography ................................................................................................................................ 75
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