| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2465
|
| DP2465 Convergence Across Countries And Regions: Theory And Empirics |
| Angel de la Fuente
|
| 发表日期 | 2000-05-30
|
| 出版年 | 2000
|
| 语种 | 英语
|
| 摘要 | The increasing literature on the interactions between liberalization-integration of product markets and labour market reforms is often highly speculative and draws on a rather weak empirical basis. Cross-country indicators of regulatory frameworks are often lacking, making it difficult to identify the linkages with observed outcomes in the labour and product markets. Moreover, empirical studies have often focussed exclusively on the impact of certain labour market regulations, largely ignoring the role of product market regulations and the interactions between regulatory interventions in the two markets. As a result, while there are convincing theoretical arguments pointing to a potentially positive effect of product market liberalization on labour market performance, empirical investigations of this issue are lacking. This paper aims to provide some preliminary evidence on these issues. In particular, the cross-country patterns and changing profile of product and labour market regulations are identified. Evidence on the relationships between product and labour market regulations is discussed in the context of other policies and institutional factors affecting the labour market; and the clustering and convergence of institutions across countries are characterized. More importantly, the paper reports evidence of a potentially significant impact of product and labour market regulations on employment and its composition. The evidence presented draws heavily on a novel set of cross-country indicators of regulation in the product and labour markets assembled at the OECD. It should be stressed at the outset that these indicators are preliminary estimates and should be taken only as rough approximations of the regulatory stance across OECD countries. (The indicators are used in this paper under the exclusive responsibility of the authors and do not engage the OECD or its Member countries.) |
| 主题 | Labour Economics
|
| 关键词 | Employment protection
Market regulation
Product market regulation
Regulatory reform
|
| URL | https://cepr.org/publications/dp2465
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531543
|
推荐引用方式
GB/T 7714 |
Angel de la Fuente. DP2465 Convergence Across Countries And Regions: Theory And Empirics. 2000.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
