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Regulatory Expenditures, Economic Growth and Jobs : An Empirical Study
Beard, Thomas Randolph - 2011
spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …
Persistent link: https://www.econbiz.de/10013125656
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Does anti-competitive regulation matter for productivity? : evidence from European firms
Arnold, Jens Matthias; Nicoletti, Giuseppe; Scarpetta, … - 2011
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10009230693
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Does Anti-Competitive Regulation Matter for Productivity? Evidence from European Firms
Arnold, Jens Matthias - 2011
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10013129907
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The Impact of Regulations and Institutional Quality on Entrepreneurship
Chambers, Dustin - 2018
This paper examines the impact of start-up regulations and institutional quality on the level of new business activity in a panel of 119 countries between 2001 and 2012. We find robust evidence that new business creation is significantly lower in countries with excessive barriers to entry, a...
Persistent link: https://www.econbiz.de/10012932206
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TOTEX Malmquist index for RPI-X regulation : does it correctly estimate the true frontier shift?
Meyer, Roland; Brunekreeft, Gert; Elias, George - 2019
The factor X in the RPI-X regulation aims to adjust price or revenue allowances to changes in total factor productivity …
Persistent link: https://www.econbiz.de/10012022610
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Unobserved technological heterogeneity among German electricity distribution network operators - a latent class analysis
Just, Lisa - 2021
Accounting for network operators' heterogeneity is of crucial importance for regulators. In contrast to observed heterogeneity, the consideration of unobserved differences is far more challenging. Most estimation models try to account for unobserved factors that impact the network operators'...
Persistent link: https://www.econbiz.de/10012628860
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TFP growth in old and new Europe
Burda, Michael C.; Severgnini, Battista - 2009
market regulation may adversely affect TFP growth and may thus impair convergence. -- Total factor productivity growth … ; Solow residual ; product and labor market regulation …
Persistent link: https://www.econbiz.de/10003850709
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Product market regulation, business churning and productivity : evidence from the European Union countries
Anderton, Bob; Di Lupidio, Benedetta; Jarmulska, Barbara - 2019
countries, we find that: (i) competition-enhancing regulation is associated with a higher rate of firm churning; (ii) business … regulation can be indirectly associated, via its impact on business dynamism, with the somewhat weak productivity performance in …
Persistent link: https://www.econbiz.de/10012132481
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Driving factors of growth in Hungary - a decomposition exercise
Kátay, Gábor (contributor); Wolf, Zoltán (contributor) - 2008
Applications tend to ignore that measured TFP reflects the variation of output that cannot be explained by changes in inputs. Such a change is not necessarily technological, so measured TFP differences across firms are an amalgam of technological, efficiency and other differences in attributes,...
Persistent link: https://www.econbiz.de/10003757275
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The importance of skill measurement for growth accounting
Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina; … - 2010
In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10003975612