Journal title ECONOMIA E SOCIETÀ REGIONALE
Author/s Elena Podrecca
Publishing Year 2013 Issue 2013/2 Language Italian
Pages 32 P. 10-41 File size 823 KB
DOI is like a bar code for intellectual property: to have more infomation click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
This paper is a critical survey of the theoretical and empirical literature on the effects of product market reforms on long run growth. Growth theory and empirics teach us that, for advanced countries, the major determinants of productivity growth in the long run are research and development, human capital, innovation, technological diffusion. Economic theory suggests that economic reforms which affect competition in the product markets can certainly influence these growth drivers, but that the direction of the effects is ambiguous. Empirical evidence does not help to remove such ambiguity: both the literature on micro data and on macro data present inconclusive results. Advocating product market reforms on the basis of their alleged effects on productivity dynamics appears therefore unjustified, both based on theory and empirical evidence.
Keywords: Reforms, Growth, Competition, Productivity
Elena Podrecca, Riforme del mercato dei prodotti e crescita della produttività. Teoria ed evidenza empirica in "ECONOMIA E SOCIETÀ REGIONALE " 2/2013, pp 10-41, DOI: 10.3280/ES2013-002002