The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …

productivity of European network firms. Exploiting the variation in the timing and degree of liberalization efforts across … countries and industries, we find that liberalization increased firm-level productivity but had no reallocation impact. Based on … our estimates, the average firm-level productivity gain from liberalization amounts to 38 percent of the average total …

faster long-run productivity growth. This finding is consistent with the idea of creative destruction, where a well … productivity growth. …

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 …

Aggregation of productivity indices is known to be consistent under very restrictive conditions only. This paper …