TY  - RPRT
        AU  - Messina, Julián
        TI  - Sectoral Structure and Entry Regulations
        PY  - 2003/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 747
        UR  - https://www.iza.org/index.php/publications/dp747
        AB  - The sectoral allocation of labor differs considerably across developed economies, even in the
presence of similar patterns of structural change. A general equilibrium model that captures
the stylized facts of structural change is presented. In this framework, economy-wide barriers
to entry hinder the development of dynamic sectors such as service industries. Moreover,
higher service prices and rents in regulated economies reduce labor supply, providing a
rationale for the negative association between product market regulations and the
employment rate previously found in the literature. Empirical evidence presented shows that
regulatory entry barriers help explaining differences in the sectoral allocation of labor across
OECD countries.
        KW  - entry regulations
KW  - sectoral employment
KW  - unbalanced growth
        ER  -