IDEAS home Printed from
   My bibliography  Save this paper

Product and Labour Markets Interactions in OECD Countries


  • Giuseppe Nicoletti
  • Andrea Bassanini
  • Ekkehard Ernst
  • Sébastien Jean
  • Paulo Santiago
  • Paul Swaim


This paper analyses several of the cross-market effects of policies aimed at influencing outcomes in product and labour markets. Focusing on subsets of OECD countries, we look at the implications of product market competition for industry wages and overall employment, and the implications of labour market arrangements for industrial structure and innovation potential. We also look at the potential implications of regulatory reform for employment security and income inequality. We provide empirical evidence on long-run policy interactions by exploiting the cross-country and intersectoral dimensions of the data, though the analysis of employment uses also the time-series dimension. To this end, we rely on a large set of indicators of (economy-wide) labour market policies and institutions and (economy-wide, industry-specific and time-varying) product market regulations. We find that: (a) anticompetitive product market regulations have significant negative effects on non-agricultural ... Interactions entre les marchés des produits et du travail dans les pays de l'OCDE Ce papier analyse plusieurs effets inter-marchés que peuvent avoir des mesures de politique visant à influencer les résultats sur les marchés des produits et du travail. Nous concentrant sur un sous-ensemble de pays de l’OCDE, nous analysons les implications de la concurrence sur le marché des produits pour les salaires industriels et l’emploi total, et les implications des arrangements sur le marché du travail pour la structure industrielle et le potentiel d’innovation. Nous examinons également les implications potentielles de la réforme de la réglementation pour la sécurité de l’emploi et les inégalités des revenus. Nous avançons de l’évidence empirique concernant des interactions politiques à long terme en exploitant les dimensions transversales et intersectorielles de la base de données, bien que l’analyse du niveau de l’emploi utilise également la dimension temporelle. A cette fin, nous nous basons sur un large ensemble d’indicateurs de la réglementation et des institutions du ...

Suggested Citation

  • Giuseppe Nicoletti & Andrea Bassanini & Ekkehard Ernst & Sébastien Jean & Paulo Santiago & Paul Swaim, 2001. "Product and Labour Markets Interactions in OECD Countries," OECD Economics Department Working Papers 312, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:312-en

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Mike Young, 2000. "Market-based Opportunities to Improve Environmental Flows: A scoping paper," Natural Resource Management Economics 00_004, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
    2. Paul O'Brien & David Carey & Jens Høj & Andreas Woergoetter, 2001. "Encouraging Environmentally Sustainable Growth in Belgium," OECD Economics Department Working Papers 300, OECD Publishing.
    3. Crase, Lin & O'Reilly, Leo & Dollery, Brian, 2000. "Water markets as a vehicle for water reform: the case of New South Wales," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(2), June.
    Full references (including those not matched with items on IDEAS)

    More about this item


    emploi; employment; firm size; industrial relations; industry specialisation; innovation; innovation; panel data; primes salariales; regulation; relation du travail; réglementation; spécialisation industrielle; taille d'entreprise; wage premia;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:312-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.