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 …

This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …-in-differences" framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …