This paper investigates how enforcement of labour regulation affects the firm's use of informal labour, firm size and … level, and administrative data on enforcement of regulation at the city level, we show that in areas where law enforcement … labour productivity. We control for different regional and firm characteristics, and we instrument enforcement with the …

-market failures and saving rates affect aggregate total factor productivity. Numerical simulations suggest that dynastic management … may be a substantial contributor to observed cross-country differences in productivity. …

lowered investment, employment, productivity and output in registered manufacturing. Regulating in a pro-worker direction is …

answer around two proximate determinants: factors of production and efficiency. It answers the question ‘how much of the … in the efficiency with which capital is used?’ Hence, it does for the cross-section what growth accounting does in the … time series. The current consensus is that efficiency is at least as important as capital in explaining income differences …

-equilibrium model with endogenous productivity growth. For real wage growth above laissez-faire levels, we obtain steady …-state equilibria in which productivity grows at the same rate as wages, the real interest rate is below the laissez-faire level, and so … constant rate equal to the difference between the growth rates of productivity and output. This contrasts with the view that …

television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …

We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger … have lighter regulation of entry. The evidence is inconsistent with public interest theories of regulation, but supports …

exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a … health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of …