Research Catalog

Title

Regulation, Competition and Productivity Convergence [electronic resource] / Paul Conway ... [et al]

Publication

Paris : OECD Publishing, 2006.

Details

Additional Authors

• Conway, Paul.
• de Rosa, Donato.
• Nicoletti, Giuseppe.
• Steiner, Faye.

Description

53 p.; 21 x 29.7cm.

Summary

This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders and new technologies are incorporated into the production process. This suggest that remaining cross-country differences in product market regulation can partially explain the recent observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s. The paper also investigates two channels through which product market regulations might affect the international diffusion of productivity shocks, namely the adoption of information and communications technology and the location decisions of multi-national enterprises. In both cases the effect of anticompetitive product market regulation is found to be negative and significant.

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.509

Uniform Title

OECD Economics Department Working Papers, no.509.

Subject

Economics

LCCN

10.1787/431383770805

OCLC

oecd-lib-004801

Title

Regulation, Competition and Productivity Convergence [electronic resource] / Paul Conway ... [et al]

Imprint

Paris : OECD Publishing, 2006.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.509

OECD Economics Department Working Papers, 1815-1973 ; no.509.

Connect to:

http://dx.doi.org/10.1787/431383770805

Indexed Term

Economics

Added Author

Conway, Paul.

de Rosa, Donato.

Nicoletti, Giuseppe.

Steiner, Faye.

Other Standard Identifier

10.1787/431383770805 doi