Do Product Market Regulations In Upstream Sectors Curb Productivity Growth? Panel Data Evidence For OECD Countries

Renaud Bourlès (), Gilbert Cette, Jimmy Lopez (), Jacques Mairesse and Giuseppe Nicoletti

The Review of Economics and Statistics, 2013, vol. 95, issue 5, 1750-1768

Abstract: We identify the impact of intermediate goods markets imperfections on productivity downstream. Our empirical specification is based on a model of multifactor productivity (MFP) growth in which the effects of upstream competition can vary with distance to frontier. This model is estimated on a panel of fifteen OECD countries and twenty industries over 1985 to 2007. Competitive pressures are proxied with industry product market regulation data. We find evidence that anticompetitive upstream regulations have significantly curbed MFP growth over the past fifteen years, and more strongly so for observations that are close to the productivity frontier. © 2013 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Keywords: product market regulation; multifactor productivity (search for similar items in EconPapers)
JEL-codes: C23 L16 L5 O43 O57 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (164)

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Related works:
Working Paper: Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? Panel Data Evidence for OECD Countries (2013)
Working Paper: Do product market regulations in upstream sectors curb productivity growth? Panel data evidence for OECD countries (2010)
Working Paper: DO PRODUCT MARKET REGULATIONS IN UPSTREAM SECTORS CURB PRODUCTIVITY GROWTH? PANEL DATA EVIDENCE FOR OECD COUNTRIES (2010)
Working Paper: Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? Panel Data Evidence for OECD Countries (2010)
Working Paper: Do Product Market Regulations in Upstream Sectors Curb Productivity Growth?: Panel Data Evidence for OECD Countries (2010)
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