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Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? : Panel Data Evidence for OECD Countries / Renaud Bourlès ... [et al] = Les réglementations du marché des produits dans les secteurs amont limitent-elles la croissance de la productivité ? Résultats de données de panel pour les pays de l'OCDE / Renaud Bourlès ... [et al]

NBER Working papers Available online

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Format:
Book
Government document
Author/Creator:
Bourlès, Renaud.
Contributor:
Cette, Gilbert.
Lopez, Jimmy.
Mairesse, Jacques.
Nicoletti, Giuseppe.
Series:
OECD Economics Department Working Papers, 18151973 ; no.791.
OECD Economics Department Working Papers, 18151973 ; no.791
Language:
English
Subjects (All):
Economics.
Local Subjects:
Economics.
Physical Description:
1 online resource (58 p. )
Other Title:
Les réglementations du marché des produits dans les secteurs amont limitent-elles la croissance de la productivité ? Résultats de données de panel pour les pays de l'OCDE
Place of Publication:
Paris : OECD Publishing, 2010.
Summary:
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which the effects of upstream competition vary with distance to frontier on a panel of 15 OECD countries and 20 sectors over 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close to the productivity frontier.

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