Education, Market Rigidities and Growth
AbstractThis paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market regulation and labour market rigidity seems particularly substantial.
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Bibliographic InfoPaper provided by Banque de France in its series Working papers with number 229.
Length: 6 pages
Date of creation: 2009
Date of revision:
Productivity ; Growth ; Regulations ; Market Rigidities ; Education;
Other versions of this item:
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-03 (All new papers)
- NEP-DEV-2009-07-03 (Development)
- NEP-EDU-2009-07-03 (Education)
- NEP-HRM-2009-07-03 (Human Capital & Human Resource Management)
- NEP-LAB-2009-07-03 (Labour Economics)
- NEP-REG-2009-07-03 (Regulation)
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