Education, market rigidities and growth

This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market regulation and labour market rigidity seems particularly substantial.

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Year of publication:	2007
Authors:	Aghion, Philippe ; Askenazy, Philippe ; Bourlès, Renaud ; Cette, Gilbert ; Dromel, Nicolas
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Produktivität \| Wirtschaftswachstum \| Bildungsniveau \| Unvollkommener Markt \| Unvollkommener Wettbewerb \| Kündigungsschutz \| OECD-Staaten \| Productivity \| growth \| regulations \| market rigidities \| education

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Series:	IZA Discussion Papers ; 3166
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	551074701 [GVK] hdl:10419/34296 [Handle]
Classification:	O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	EconStor

Persistent link: https://www.econbiz.de/10010268166