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. 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
. 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
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
literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …; (2) regulation, however, is not conducive to plants' "green" technical change, which provides evidence against the recast …
Persistent link: https://www.econbiz.de/10011906240
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
regulation, we find robust evidence of declining foreign capital shares in sectors subject to restrictions on foreign direct … spillovers of regulation that propagate throughout the value chain. …
Persistent link: https://www.econbiz.de/10011821048
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
This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity gap, a key component of cross-country differences in GDP per capita. After a brief review of the theoretical literature, we bring together the results obtained in some of our...
Persistent link: https://www.econbiz.de/10012446050
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
Indonesian manufacturing firms for 2000 to 2015, we link productlevel changes in FDI regulation to changes in firm …-level productivity. Controlling for an extensive set of fixed effects as well as potential political-economy drivers of regulation, we …
Persistent link: https://www.econbiz.de/10012011222