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Impact of Market Entry and Exit on EU Productivity and Growth Performance Author info | Abstract | Publisher info | Download info | Related research | Statistics Michele Cincera (Université Libre de Bruxelles-DULBEA-CERT & CEPR)
Olivia Galgau (Université Libre de Bruxelles-DULBEA)
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registered author(s):
The European Union and its Member States have been engaged in product market reforms over a long period with notable reforms including the Single Market Program and the Lisbon Agenda launched in March 2000. Product market reforms are seen as exerting both a direct and an indirect impact on productivity, however, the net effects of the direct effect were found to be small. This study concentrates on the impact of product market reforms on firm entry and exit that can itself be decomposed into two effects: internal restructuring which refers to productivity growth of individual firms present in the industry and external restructuring whereby the process of market selection leads to a reallocation of resources among individual firms. The change in firm entry and exit will in turn affect macroeconomic performance.
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Paper provided by EconWPA in its series Industrial Organization with number
0503013.
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Length: 122 pages
Date of creation: 28 Mar 2005Date of revision:
Handle: RePEc:wpa:wuwpio:0503013Note: Type of Document - pdf; pages: 122Contact details of provider: Web page: http://129.3.20.41
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Keywords: Market entry and exit ; product market reforms ; macroeconomic performance ; Other versions of this item:
Paper CINCERA, Michèle & GALGAU, Olivia, 2005.
"Impact of market entry and exit on EU productivity and growth performance ,"
ULB Institutional Repository
222, ULB -- Universite Libre de Bruxelles.
[Downloadable!] Cincera, Michele, 2004.
"Impact of market entry and exit on EU productivity and growth performance ,"
Economic Literature ULB
2013-921, Université libre de Bruxelles, Libraries.
[Downloadable!] Find related papers by JEL classification: L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure L50 - Industrial Organization - - Regulation and Industrial Policy - - - General O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
This paper has been announced in the following NEP Reports :
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