TY  - RPRT
        AU  - Schiantarelli, Fabio
        TI  - Product Market Regulation and Macroeconomic Performance: A Review of Cross Country Evidence
        PY  - 2005/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1791
        UR  - https://www.iza.org/publications/dp1791
        AB  - The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a brief review of the theoretical literature and of relevant micro-econometric evidence, the paper discusses the main data and methodological issues related to empirical work on this topic. It then critically evaluates the cross country evidence on the effect of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output growth. A summary of what we learn from the econometric results concludes the paper.
        KW  - regulation
KW  - product market
KW  - performance
KW  - productivity
KW  - innovation
KW  - growth
        ER  -