Education, Market Rigidities and Growth

Philippe Aghion (), Philippe Askenazy (), Renaud Bourlès (), Gilbert Cette () and Nicolas L. DROMEL ()
Additional contact information
Philippe Aghion: Harvard University
Philippe Askenazy: Paris School of Economics and IZA

No 3166, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: This note 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: 2007-11
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Related works:
Working Paper: Education, Market Rigidities and Growth (2009)
Journal Article: Education, market rigidities and growth (2009)
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