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The link between product market reform and macro-economic performance

Rachel Griffith and Rupert Harisson

No 209, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: Value-added per capita in EU countries has lagged behind the US. This is despite widespread reforms to product markets across EU countries aimed at increasing growth. This study analyses the macro-economic impact of product market reforms undertaken in the European Union over the 1980s and 1990s by examining a large number of regulations and reforms across EU countries.

Keywords: product market; product market reforms; regulations; macro-economic performance; allocative efficiency; productive efficiency; dynamic efficiency; aggregate economy; Griffith; Harisson (search for similar items in EconPapers)
Pages: 131 pages
Date: 2004-08
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Citations: View citations in EconPapers (37)

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