This survey highlights the key results of the empirical literature concerning the costs of flexibility enhancing … reforms in product and labour markets. The documented costs include reduced employment, loss of government revenue … labour market reforms affect prices and quantities quite rapidly; ii) there are no major differences between the overall …

. Substantial allocative inefficiencies appear also to exist in land and labour use. No significant economies of scope were found … for the analysed crop production systems and levels of output aggregation. Farm flexibility was revealed to be determined …