on the efficiency of resource allocation. Our results suggest that there is an economically and statistically robust …, stringent regulations are more disruptive to resource allocation in more innovative sectors, though the nature of innovation …

In this paper, we review theory and evidence on the links between product market regulations that curb competitive … pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … countries and industries and have evolved differently over time. We argue that differences in regulation have played an …

resource allocation. In particular, the Lithuanian government should promote better governance of state-owned enterprises, more …

allocation of capital in the economy. Thus, our results provide a micro-foundation for accounting measurement regulation and … exhibit complementarity. These coordination problems provide accounting regulation an opportunity to facilitate the efficient … elucidate the impact of accounting uniformity on resource allocation efficiency …

I evaluate the role of accrual accounting in improving firms' production decisions and resource allocation across firms … and a 0.7% increase in aggregate output through resource allocation in the United States. The estimates are larger in … productivity through resource allocation …

In France, firms that have 50 employees or more face substantially more regulation than firms that have less than 50 … model the regulation as the combination of a sunk cost that must be paid the first time the firm reaches 50 employees and a … using indirect inference by fitting the discontinuity of the size distribution. The key finding is that the regulation is …

In France, firms with 50 employees or more face substantially more regulation than firms with less than 50. As a result … regulation as the combination of a sunk cost that must be paid the first time the firm reaches 50 employees, and a payroll tax … indirect inference by fitting the discontinuity of the size distribution. The key finding is that the regulation is equivalent …