Export performance and product market regulation

Bruno Amable and Ivan Ledezma

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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 detrimantal to competitiveness. Testing through a two-step estimation the impact of upstream pressures of product market regulation on productivity and the effect of the latter on the propensity to export, this paper shows that upstream 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: Exports; product market regulation; competitiveness; Exportations; réglementation sur les marchés de biens et services; compétitivité (search for similar items in EconPapers)
Date: 2013-02
New Economics Papers: this item is included in nep-agr, nep-cse, nep-eff, nep-ind, nep-int, nep-reg and nep-tid
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00795316v1
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Citations: View citations in EconPapers (1)

Published in 2013

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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)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00795316

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