000			03129cam a22003857 4500
001			w19488
003			NBER
005			20211020110128.0
006			m o d
007			cr cnu||||||||
008			210910s2013 mau fo 000 0 eng d
100	1		_aCette, Gilbert. _97710
245	1	0	_aUpstream Product Market Regulations, ICT, R&D and Productivity / _cGilbert Cette, Jimmy Lopez, Jacques Mairesse.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2013.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w19488
500			_aOctober 2013.
520	3		_aOur study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of these two channels and their shares in total impact as against alternative channels of investments in other forms of intangible capital we cannot explicitly consider for lack of appropriate data such as improvements in skills, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions relating R&D and ICT capital to upstream regulations. These relations are estimated on the basis of an unbalanced panel of 15 OECD countries and 13 industries over the period 1987-2007. Our estimates confirm the results of previous similar studies finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a good part of the total impact, though not a predominant one, goes through both investments in ICT and R&D, and particularly the latter.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aC23 - Panel Data Models • Spatio-temporal Models _2Journal of Economic Literature class.
690		7	_aL16 - Industrial Organization and Macroeconomics: Industrial Structure and Structural Change • Industrial Price Indices _2Journal of Economic Literature class.
690		7	_aL5 - Regulation and Industrial Policy _2Journal of Economic Literature class.
690		7	_aO43 - Institutions and Growth _2Journal of Economic Literature class.
690		7	_aO47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence _2Journal of Economic Literature class.
700	1		_aLopez, Jimmy.
700	1		_aMairesse, Jacques. _915888
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w19488.
856	4	0	_uhttps://www.nber.org/papers/w19488
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w19488
942			_2ddc _cW-PAPER
999			_c328595 _d287157