pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across … important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect … regulatory burdens are lighter have generally experienced the highest GDP per capita and productivity growth rates. Moreover …

productivity. The theoretical literature has not established a clear prediction on the sign of the effects, existing different … productivity. Furthermore, the analysis confirms that EPL for regular contracts reduce labour productivity growth more in those …