Valkonen, Laura - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2006
This study examines how deregulation affects product market competition and thereby productivity. Productivity grows … to renounce high rents and cut costs, which increases static efficiency. However, static efficiency boosts productivity … rivals, they ensure firms a quiet life. Deregulation has therefore great potential to boost productivity growth. This study …