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the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the … product market, concerning in particular entry barriers, are negatively related to investment. The implications of our …
Persistent link: https://www.econbiz.de/10012444698
immigration for natives' labour market outcomes, as well as issues linked to immigrants' integration in the host country labour market. Changes in the share of immigrants in the labour force may have a distributive impact on natives' wages, and a temporary impact on unemployment. However, labour...
Persistent link: https://www.econbiz.de/10012442985
This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the role played by product and labour market policies in the economy's adjustment to immigration inflows. The estimations, combining a skill-level and an aggregate approach using data...
Persistent link: https://www.econbiz.de/10012445843
regulation can encourage competition, efficiency and investment in those segments of the service industries where non …The paper looks at patterns of regulation in service industries and explores their implications for service performance …. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on …
Persistent link: https://www.econbiz.de/10012446449
We estimate the employment effects of product market reforms aimed at increasing competitive pressures and easing government controls in a sample of OECD countries over the past two decades. We control for several labour market policies and institutions that are thought to influence equilibrium...
Persistent link: https://www.econbiz.de/10012446280
This paper analyses how different tax policies can affect investment and productivity. To address this question the … differently by taxation. Investment is shown to respond negatively to an increase in the corporate tax rate and a decrease in …
Persistent link: https://www.econbiz.de/10012444789
This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...
Persistent link: https://www.econbiz.de/10012446021
discusses the main policy issues raised by the need to adapt the regulation of the noncompetitive segments of these industries …
Persistent link: https://www.econbiz.de/10012445164
Much scope remains to make regulation of product markets more conducive to competition ? notwithstanding progress in … objectives in energy market regulation could be achieved at lower cost. In the telecommunications industry, competition in the … local loop can be strengthened. Regulation of the liberal professions is among the most restrictive in the OECD. Entry …
Persistent link: https://www.econbiz.de/10012443967
In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries … OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of … regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is …
Persistent link: https://www.econbiz.de/10012446222