 Upstream Product Market Regulations, ICT, R&D and ProductivityGilbert Cette, Jimmy Lopez () and Jacques Mairesse Post-Print from HAL Abstract: Our study investigates the importance of two main channels through which upstream anti-competitive sector regulations impact productivity growth: investments in R&D and in ICT, as opposed to alternative channels we cannot explicitly consider for lack of appropriate data such as improvements in skills, management and organization. We specify a three equations model: an extended production function relating total factor productivity to both R&D and ICT capital, and to upstream regulations, and two factor demand functions relating R&D and ICT capital to upstream regulations. We estimate these relations on an unbalanced panel of 15 OECD countries and 13 industries over the period 1987–2007. We find that the total impact of upstream regulations on total factor productivity is sizeable, a large part of which is transmitted through investments in R&D and ICT, mainly the former. Keywords: R&D; ICT; productivity; 047; C50; growth; O43; regulations (search for similar items in EconPapers) Published in Review of Income and Wealth, 2017, 63, pp.S68--S89. ⟨10.1111/roiw.12252⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01589997 DOI: 10.1111/roiw.12252 Access Statistics for this paper More papers in Post-Print from HAL |
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