Regulation, Competition and Productivity Convergence:
This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders a...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2006
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| Schriftenreihe: | OECD Economics Department Working Papers
no.509 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders and new technologies are incorporated into the production process. This suggest that remaining cross-country differences in product market regulation can partially explain the recent observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s. The paper also investigates two channels through which product market regulations might affect the international diffusion of productivity shocks, namely the adoption of information and communications technology and the location decisions of multi-national enterprises. In both cases the effect of anticompetitive product market regulation is found to be negative and significant. |
| Beschreibung: | 1 Online-Ressource (52 p.) 21 x 29.7cm. |
| DOI: | 10.1787/431383770805 |
Internformat
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| 520 | |a This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders and new technologies are incorporated into the production process. This suggest that remaining cross-country differences in product market regulation can partially explain the recent observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s. The paper also investigates two channels through which product market regulations might affect the international diffusion of productivity shocks, namely the adoption of information and communications technology and the location decisions of multi-national enterprises. In both cases the effect of anticompetitive product market regulation is found to be negative and significant. | ||
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| indexdate | 2024-07-16T15:07:12Z |
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| publisher | OECD Publishing |
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| series2 | OECD Economics Department Working Papers |
| spelling | Conway, Paul VerfasserIn aut Regulation, Competition and Productivity Convergence Paul, Conway ... [et al] = Régulation, concurrence et convergence de la productivité / Paul, Conway ... [et al] Régulation, concurrence et convergence de la productivité Paris OECD Publishing 2006 1 Online-Ressource (52 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.509 This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders and new technologies are incorporated into the production process. This suggest that remaining cross-country differences in product market regulation can partially explain the recent observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s. The paper also investigates two channels through which product market regulations might affect the international diffusion of productivity shocks, namely the adoption of information and communications technology and the location decisions of multi-national enterprises. In both cases the effect of anticompetitive product market regulation is found to be negative and significant. Economics de Rosa, Donato MitwirkendeR ctb Nicoletti, Giuseppe MitwirkendeR ctb Steiner, Faye MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/431383770805 Volltext |
| spellingShingle | Conway, Paul Regulation, Competition and Productivity Convergence Economics |
| title | Regulation, Competition and Productivity Convergence |
| title_alt | Régulation, concurrence et convergence de la productivité |
| title_auth | Regulation, Competition and Productivity Convergence |
| title_exact_search | Regulation, Competition and Productivity Convergence |
| title_full | Regulation, Competition and Productivity Convergence Paul, Conway ... [et al] = Régulation, concurrence et convergence de la productivité / Paul, Conway ... [et al] |
| title_fullStr | Regulation, Competition and Productivity Convergence Paul, Conway ... [et al] = Régulation, concurrence et convergence de la productivité / Paul, Conway ... [et al] |
| title_full_unstemmed | Regulation, Competition and Productivity Convergence Paul, Conway ... [et al] = Régulation, concurrence et convergence de la productivité / Paul, Conway ... [et al] |
| title_short | Regulation, Competition and Productivity Convergence |
| title_sort | regulation competition and productivity convergence |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/431383770805 |
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