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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 …
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focusing on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of … these are viable) tend to boost productivity. In manufacturing the gains to be expected from lower entry barriers are …-technology firms. At the same time, both privatization and entry liberalization are estimated to have a positive impact on productivity …
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multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross … productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …
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This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity …) and multi-factor productivity. We focus on the effects of policies aimed at strengthening private governance (e.g. through …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …
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