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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10012431121
It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable. Traditional research in the context of entry has explored...
Persistent link: https://www.econbiz.de/10003310958
This paper reviews the process of job creation and destruction across a sample of 16 industrial and emerging economies over the past decade. It exploits a harmonized firm-level data-set drawn from business registers and enterprise census data. The paper assesses the importance of technological...
Persistent link: https://www.econbiz.de/10003499765
"After a period of regulatory changes in the early 1980s we are faced with "new" freight transportation labor markets in the U.S. Using data from the 1984-1999 Current Population Survey, we examine trends in the wages of workers within freight transportation, with a focus on wage differentials...
Persistent link: https://www.econbiz.de/10003429625
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and …
Persistent link: https://www.econbiz.de/10003481858
This study examines the extent and influence of occupational licensing in the U.S. using a specially designed national labor force survey. Specifically, we provide new ways of measuring occupational licensing and consider what types of regulatory requirements and what level of government...
Persistent link: https://www.econbiz.de/10009230732
This paper provides novel evidence on the causal effect on female employment of labor market deregulation by using the 1985 amendments to the Labor Standards Law (LSL) in Japan as a natural experiment. The original LSL of 1947 prohibited women from working overtime exceeding two hours a day; six...
Persistent link: https://www.econbiz.de/10010357347
contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …
Persistent link: https://www.econbiz.de/10011347148
support to this view. We find that in countries with less stringent job market regulation the long-run impact of Unemployment … faster in countries with looser job-market regulation, compared with countries with stricter regulation. These findings have …
Persistent link: https://www.econbiz.de/10011517459
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals using quasi-experimental data for Denmark which switched from external (where reimbursements are based on prices of similar products in foreign countries) to internal reference...
Persistent link: https://www.econbiz.de/10010467805