Education, Market Rigidities and Growth

Ph. Aghion, Ph. Askenazy, Renaud Bourlès (), Gilbert Cette () and Nicolas L. DROMEL ()

Documents de Travail from Banque de France

Abstract: This paper 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.

Keywords: Productivity; Growth; Regulations; Market Rigidities; Education (search for similar items in EconPapers)
JEL-codes: O47 J24 J68 L40 O57 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-edu, nep-hrm, nep-lab and nep-reg
Date: 2009

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Related works:
Working Paper: Education, Market Rigidities and Growth (2007)
Journal Article: Education, market rigidities and growth (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:bfr:banfra:229

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