| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11799 |
| DP11799 Regulatory harmonization, profits, and productivity: Firm-level evidence from Morocco | |
| Olivier Cadot; Patricia Augier; Marion Dovis | |
| 发表日期 | 2017-01-22 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper combines a new database on non-tariff measures (NTMs) with Morocco’s firm census to explore the effect of regulatory harmonization with the E.U. on firm-level outcomes. Exploiting cross-sectoral variation in the timing and extent of regulatory harmonization, we find that harmonization waves correlate with rises in labor productivity and with higher markups, allowing self-financing of the adaptation process at the firm level. We identify an induced market-structure change that made the observed rise in markups possible. Namely, harmonization temporarily sheltered the Moroccan market from competition from low-end producers in other developing countries, who took time to adapt. We identified this effect through changes in both trade patterns and firm-level outcomes. Thus, harmonization apparently generated a self-financing adaptation process by affecting both firm-level incentives and market structure. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Morocco Trade Non-tariff measures Firms Harmonization Profit Productivity |
| URL | https://cepr.org/publications/dp11799 |
| 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/540611 |
| 推荐引用方式 GB/T 7714 | Olivier Cadot,Patricia Augier,Marion Dovis. DP11799 Regulatory harmonization, profits, and productivity: Firm-level evidence from Morocco. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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