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Education, Market Rigidities and Growth
Bourlès, Renaud; Cette, Gilbert; DROMEL, Nicolas L.; … - Institute for the Study of Labor (IZA) - 2007
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10005763660
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The Effects of Entry on Incumbent Innovation and Productivity
Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …
Persistent link: https://www.econbiz.de/10005114280