Research Catalog

The Role of Policy and Institutions for Productivity and Firm Dynamics Evidence from Micro and Industry Data

Title
The Role of Policy and Institutions for Productivity and Firm Dynamics [electronic resource]: Evidence from Micro and Industry Data / Stefano Scarpetta ... [et al]
Publication
Paris : OECD Publishing, 2002.

Available Online

Full text online available onsite at NYPL

Details

Additional Authors
  • Scarpetta, Stefano.
  • Hemmings, Philip.
  • Tressel, Thierry.
  • Woo, Jaejoon.
Description
64 p.; 21 x 29.7cm.
Summary
This paper presents empirical evidence on the role that policy and institutional settings in both product and labour market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry-level data for a broader set of countries, together with a set of indicators of regulation and institutional settings in product and labour markets. Aggregate productivity patterns are largely the result of within-firm performance. But, the contribution from firm dynamic processes should not be overlooked, most notably in high-tech industries where new firms tend to play an important role. Industry productivity performance is negatively affected by strict product market regulations, especially if there is a significant technology gap with the technology leader. Likewise, high hiring and firing costs seem to hinder productivity, especially when these costs are not offset by lower wages and/or more internal training. Moreover, burdensome regulations ...
Series Statement
OECD Economics Department Working Papers, 1815-1973 ; no.329
Uniform Title
OECD Economics Department Working Papers, no.329.
Subject
Economics
LCCN
10.1787/547061627526
OCLC
oecd-lib-003406
Title
The Role of Policy and Institutions for Productivity and Firm Dynamics [electronic resource]: Evidence from Micro and Industry Data / Stefano Scarpetta ... [et al]
Imprint
Paris : OECD Publishing, 2002.
Series
OECD Economics Department Working Papers, 1815-1973 ; no.329
OECD Economics Department Working Papers, 1815-1973 ; no.329.
Connect to:
http://dx.doi.org/10.1787/547061627526
Indexed Term
Economics
Added Author
Scarpetta, Stefano.
Hemmings, Philip.
Tressel, Thierry.
Woo, Jaejoon.
Other Standard Identifier
10.1787/547061627526 doi
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