全球智库信息集成服务系统(G2TT): Upstream Product Market Regulations, ICT, R&D and Productivity

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w19488
来源ID	Working Paper 19488
	Upstream Product Market Regulations, ICT, R&D and Productivity
	Gilbert Cette; Jimmy Lopez; Jacques Mairesse
发表日期	2013-10-11
出版年	2013
语种	英语
摘要	Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of these two channels and their shares in total impact as against alternative channels of investments in other forms of intangible capital we cannot explicitly consider for lack of appropriate data such as improvements in skills, management and organization. For this, we specify an extended production function relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions relating R&D and ICT capital to upstream regulations. These relations are estimated on the basis of an unbalanced panel of 15 OECD countries and 13 industries over the period 1987-2007. Our estimates confirm the results of previous similar studies finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a good part of the total impact, though not a predominant one, goes through both investments in ICT and R&D, and particularly the latter.
主题	Econometrics ; Estimation Methods ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Development and Growth ; Growth and Productivity
URL	https://www.nber.org/papers/w19488
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/577202
推荐引用方式 GB/T 7714	Gilbert Cette,Jimmy Lopez,Jacques Mairesse. Upstream Product Market Regulations, ICT, R&D and Productivity. 2013.