The Resource Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource)
Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource)
Resource Information
The item Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.This item is available to borrow from all library branches.
Resource Information
The item Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.
This item is available to borrow from all library branches.
- Summary
- This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences in the stringency of regulations in the product market. We first summarize industry-level evidence linking these diverging patterns to delays in service markets reforms in the wake of the ICT shock. The evidence we survey suggests that, especially in continental EU countries, tight regulation of services has slowed down growth in ICT-using sectors, which use intermediate service inputs intensively. Based on harmonised cross-country firm-level data, we then provide new evidence that one of the key channels through which inappropriate service regulations affect productivity growth is by hindering the allocation of resources towards the most dynamic and efficient firms. At the industry level, resources were allocated less efficiently across firms in countries where service regulations are less market-friendly. Firmlevel econometric estimates confirm that anti-competitive service regulations hamper productivity growth in ICT-using sectors, with a particularly pronounced effect on firms that are catching up to the technology frontier and that are close to international best practice. In other words, regulations hurt in particular those firms that have the potential to excel in domestic and international markets
- Language
- eng
- Extent
- 1 online resource 68 pages
- Label
- Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence
- Title
- Regulation, Allocative Efficiency and Productivity in OECD Countries
- Title remainder
- Industry and Firm-Level Evidence
- Statement of responsibility
- Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta
- Language
- eng
- Summary
- This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences in the stringency of regulations in the product market. We first summarize industry-level evidence linking these diverging patterns to delays in service markets reforms in the wake of the ICT shock. The evidence we survey suggests that, especially in continental EU countries, tight regulation of services has slowed down growth in ICT-using sectors, which use intermediate service inputs intensively. Based on harmonised cross-country firm-level data, we then provide new evidence that one of the key channels through which inappropriate service regulations affect productivity growth is by hindering the allocation of resources towards the most dynamic and efficient firms. At the industry level, resources were allocated less efficiently across firms in countries where service regulations are less market-friendly. Firmlevel econometric estimates confirm that anti-competitive service regulations hamper productivity growth in ICT-using sectors, with a particularly pronounced effect on firms that are catching up to the technology frontier and that are close to international best practice. In other words, regulations hurt in particular those firms that have the potential to excel in domestic and international markets
- Cataloging source
- FR-PaOEC
- http://library.link/vocab/creatorName
- Arnold, Jens
- Government publication
- international or intergovernmental publication
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- http://library.link/vocab/relatedWorkOrContributorDate
- 1956-
- http://library.link/vocab/relatedWorkOrContributorName
-
- Nicoletti, Giuseppe
- Scarpetta, Stefano
- Series statement
- OECD Economics Department Working Papers,
- Series volume
- no.616
- http://library.link/vocab/subjectName
- Economics
- Label
- Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource)
- Antecedent source
- not applicable
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 762085568
- Dimensions
- 21 x 30 cm
- Extent
- 1 online resource 68 pages
- File format
- one file format
- Form of item
- online
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.1787/241447806226
- Specific material designation
- remote
- System control number
- (OCoLC)762085568
- Label
- Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource)
- Antecedent source
- not applicable
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 762085568
- Dimensions
- 21 x 30 cm
- Extent
- 1 online resource 68 pages
- File format
- one file format
- Form of item
- online
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.1787/241447806226
- Specific material designation
- remote
- System control number
- (OCoLC)762085568
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.umsl.edu/portal/Regulation-Allocative-Efficiency-and/iwfqNxs7arM/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.umsl.edu/portal/Regulation-Allocative-Efficiency-and/iwfqNxs7arM/">Regulation, Allocative Efficiency and Productivity in OECD Countries : Industry and Firm-Level Evidence, Jens Arnold, Giuseppe Nicoletti and Stefano Scarpetta, (electronic resource)</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.umsl.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.umsl.edu/">University of Missouri-St. Louis Libraries</a></span></span></span></span></div>