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Product Market Deregulation and Growth : New Country-Industry-Level Evidence
Bouis, Romain - 2016
The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...
Persistent link: https://www.econbiz.de/10012977853
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Competition, Barriers to Entry and Inclusive Growth : Telecommunications Sector Study
Hawthorne, Ryan - 2016
Historically South Africa has favoured incumbents/national champions over rivalry (competition) in the telecommunications sector. However, the importance of competition has become more apparent with each new development in the sector. Given the changes in this dynamic sector it is important to...
Persistent link: https://www.econbiz.de/10012979676
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The macroeconomic effects of labor and product market reforms in Morocco
Sarr, Babacar; Benlamine, Mokhtar; Munkacsi, Zsuzsa - 2019
This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...
Persistent link: https://www.econbiz.de/10012122485
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Product Market Competition and Economic Performance in Japan
Høj, Jens - 2004
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
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Product Market Competition and Economic Performance in Korea
Baek, Yongchun - 2004
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10012444204
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Product Market Competition and Economic Performance in Norway
Høj, Jens - 2004
Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that competition is important for promoting economic...
Persistent link: https://www.econbiz.de/10012444401
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Product Market Competition and Economic Performance in France
Høj, Jens - 2006
Over the past decade, French economic growth has been insufficient to bring down high and persistent unemployment. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance. France is catching up with best practice in competition...
Persistent link: https://www.econbiz.de/10012445441
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Essays on the determinants of changing employment and wage structures
Senftleben-König, Charlotte - 2015
deregulation on employment outcomes in the retail sector. The results from the empirical analysis suggest that the deregulation had … is that deregulation induced a change in the market structure by significantly decreasing the number of small retail …
Persistent link: https://www.econbiz.de/10011429473
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Deregulation, Economic Growth and Growth Acceleration
Stankov, Petar - 2010
The paper analyzes the influence of credit-, labor-, and product market deregulation policies on economic growth in … work finds that deregulation contributed to the per capita GDP levels of the early reformers relatively more than to the … acceleration effect for the late reformers, which points to large dynamic welfare gains from deregulation. The latter result …
Persistent link: https://www.econbiz.de/10013136581
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Deregulation and Growth in Italy
Mocci, Cristina - 2012
simplification of the administrative burden for businesses. Our model captures the effect of deregulation on value added growth in … for the effect of deregulation on growth with important implications for policy making …
Persistent link: https://www.econbiz.de/10013104800