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More than a decade has passed since the introduction of comprehensive macroeconomic stabilization packages and trade, fiscal, and financial market reforms in Latin America and the Caribbean. However, growth prospects remain disappointing; labor markets show lackluster performance, with low...
Persistent link: https://www.econbiz.de/10010943514
productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10011255936
pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect … regulatory burdens are lighter have generally experienced the highest GDP per capita and productivity growth rates. Moreover …
Persistent link: https://www.econbiz.de/10010840278
Persistent link: https://www.econbiz.de/10010865083
productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10005703134
productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10005136875
well as through firm entry and exit – to productivity. We are motivated by the evidence in all countries studied of … raised questions about the theoretical underpinnings of the connection between reallocation and productivity (e.g. Levinsohn … products of resources of the various producers at all times, instantaneous aggregate productivity growth reflects only within …
Persistent link: https://www.econbiz.de/10005090762
market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry … and labour markets. Aggregate productivity patterns are largely the result of within-firm performance. But, the … play an important role. Industry productivity performance is negatively affected by strict product market regulations …
Persistent link: https://www.econbiz.de/10005045611
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10005045776
This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences … of the key channels through which inappropriate service regulations affect productivity growth is by hindering the … that anti-competitive service regulations hamper productivity growth in ICT-using sectors, with a particularly pronounced …
Persistent link: https://www.econbiz.de/10005046057