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EU services liberalization and TFP growth: Industry level evidence

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  • Papaioannou, Sotiris K.

Abstract

We explore whether the announcement of the EU services directive affected total factor productivity growth of European services. Difference in differences estimates highlight a positive influence following the initial announcement. Medium and high growth sectors are those which mostly benefited.

Suggested Citation

  • Papaioannou, Sotiris K., 2018. "EU services liberalization and TFP growth: Industry level evidence," Economics Letters, Elsevier, vol. 172(C), pages 16-18.
    • Handle: RePEc:eee:ecolet:v:172:y:2018:i:c:p:16-18
    DOI: 10.1016/j.econlet.2018.08.015
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    References listed on IDEAS

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    1. Philippe Aghion & Nick Bloom & Richard Blundell & Rachel Griffith & Peter Howitt, 2005. "Competition and Innovation: an Inverted-U Relationship," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(2), pages 701-728.
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    Cited by:

    1. Xin Fu & Tangyou Wang & Hongxu Yang, 2023. "Does Service Trade Liberalization Promote Service Productivity? Evidence from China," Sustainability, MDPI, vol. 15(8), pages 1-22, April.
    2. Yu, Liangliang & Cai, Yinying, 2021. "Do rising housing prices restrict urban innovation vitality? Evidence from 288 cities in China," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 276-288.
    3. Thanh Dinh Su & Canh Phuc Nguyen, 2022. "Productive Contribution of Public Spending and Human Capital in Developing Countries Revisited: The Role of Trade Openness," Foreign Trade Review, , vol. 57(1), pages 66-84, February.

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    More about this item

    Keywords

    Services; Regulation; Productivity; European union;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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