EXPORT PERFORMANCE AND PRODUCT MARKET REGULATION

Bruno Amable and Ivan Ledezma

Region et Developpement, 2013, vol. 37, 231-258

Abstract: This paper analyses the impact of product market regulation on the propensity to export at the industry level for 13 OECD countries and 13 industries over the 1977-2007 period. Recent economic policy and academic literature insists on the negative effects of product market regulation on productivity or innovation, and hence on “competitiveness", a term that we interpret as the ability to export. Similar to the conclusions of some contributions to a recent literature on competition and growth, the “common sense” is that product market regulation should be detrimental to competitiveness. Using a two-step estimation approach we test the impact of vertically-induced pressures of product-market regulation on productivity and the effect of the latter on industry-level export performance. Results show that regulatory pressures have a significantly positive impact on productivity and thereby on the capability of an industry to attract resources and to sell its production in international markets.

Keywords: PRODUCT MARKET REGULATION; EXPORT PERFORMANCE; PRODUCTIVITY (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Export Performance and Product Market Regulation (2013)
Working Paper: Export performance and product market regulation (2013)
Working Paper: Export Performance and Product Market Regulation (2013)
Working Paper: Export performance and product market regulation (2013)
Working Paper: Export performance and product market regulation (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:tou:journl:v:37:y:2013:p:231-258

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