Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? [electronic resource]: Panel Data Evidence for OECD Countries / Renaud Bourlès ... [et al] = Les réglementations du marché des produits dans les secteurs amont limitent-elles la croissance de la productivité ? Résultats de données de panel pour les pays de l'OCDE / Renaud Bourlès ... [et al]

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Bourlès, Renaud

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Material type: Article

ArticleSeries: OECD Economics Department Working Papers ; no.791.Publication details: Paris : OECD Publishing, 2010.Description: 58 p. ; 21 x 29.7cmOther title:

Les réglementations du marché des produits dans les secteurs amont limitent-elles la croissance de la productivité ? Résultats de données de panel pour les pays de l'OCDE

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Economics

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Abstract: Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which the effects of upstream competition vary with distance to frontier on a panel of 15 OECD countries and 20 sectors over 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close to the productivity frontier.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección OECD	OECD 5kmbm6s9kbkf-en (Browse shelf(Opens below))	Not For Loan

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Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which the effects of upstream competition vary with distance to frontier on a panel of 15 OECD countries and 20 sectors over 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close to the productivity frontier.

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