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The Impact of Product Market Reforms on Firm Productivity in Italy

The Impact of Product Market Reforms on Firm Productivity in Italy »

Source: The Impact of Product Market Reforms on Firm Productivity in Italy

Volume/Issue: 2016/119

Series: IMF Working Papers

Author(s): Sergi Lanau , and Petia Topalova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2016

ISBN: 9781475524925

Keywords: productivity, growth, structural reforms, product markets

This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity. Using firm-level data from Italy during 2003-13 and OECD measures of product market regulatio...

Product Market Deregulation and Growth

Product Market Deregulation and Growth »

Source: Product Market Deregulation and Growth : New Country-Industry-Level Evidence

Volume/Issue: 2016/114

Series: IMF Working Papers

Author(s): Romain Bouis , Romain Duval , and Johannes Eugster

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 2016

ISBN: 9781484385029

Keywords: Structural reforms, deregulation, competition, entry barriers, product market, growth

The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform s...

Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina

Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina »

Source: Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina

Volume/Issue: 2018/183

Series: IMF Working Papers

Author(s): Lusine Lusinyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2018

ISBN: 9781484362990

Keywords: Argentina, Western Hemisphere, Economic growth; structural reforms; productivity; product market competition; labor market reforms; trade openness; Argentina, Economic growth, structural reforms, productivity, product market competition, labor market reforms, trade openness, General

The paper uses a supply-side framework based on a production function approach to assess the role of structural reforms in boosting long-term GDP growth in Argentina. The impact of product, labor, trade, and tax re...

Assessing the Macroeconomic Impact of Structural Reforms in Chile

Assessing the Macroeconomic Impact of Structural Reforms in Chile »

Source: Assessing the Macroeconomic Impact of Structural Reforms in Chile

Volume/Issue: 2018/285

Series: IMF Working Papers

Author(s): Metodij Hadzi-Vaskov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 December 2018

ISBN: 9781484386934

Keywords: Technological innovation, Product markets, Productivity, Western Hemisphere, Labor markets, Chile, Fiscal reforms, Education, Structural Reforms, Economics of Regulation

This study investigates the likely macroeconomic impact of various structural reforms that align the Chilean regulatory framework with international best practices. In this context, the analysis: i) presents a comp...

Work In Progress

Work In Progress »

Source: Work In Progress : Improving Youth Labor Market Outcomes in Emerging Market and Developing Economies

Volume/Issue: 2019/2

Series: Staff Discussion Notes

Author(s): JaeBin Ahn , Zidong An , John Bluedorn , Gabriele Ciminelli , Zsoka Koczan , Davide Malacrino , Daniela Muhaj , and Patricia Neidlinger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2019

ISBN: 9781484393901

Keywords: Labor market reforms, Labor markets, Fiscal reforms, Product markets, Population, Emerging markets, Developing countries, Youth labor markets; emerging market and developing economies; Okun's law; labor and product market institutions; structural reforms, youth labor markets, emerging market and developing economies

Economic development and growth depend on a country's young people. With most of their working life ahead of them they make up about a third of the working-age population in the typical emerging market and developi...

Reforming Labor and Product Markets

Reforming Labor and Product Markets »

Source: Reforming Labor and Product Markets : Some Lessons from Two Decades of Experiments in Europe

Volume/Issue: 2005/97

Series: IMF Working Papers

Author(s): Tito Boeri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861167

Keywords: Structural reforms, labor market reform, product market reform, labor market, employment, unemployment, employment protection, Economics of Regulation, Labor-Management Relations, Trade Unions

This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about interactions between labor and product market reforms. Reforms in labor markets occur at higher...

Product Market Regulation and the Benefits of Wage Moderation

Product Market Regulation and the Benefits of Wage Moderation »

Source: Product Market Regulation and the Benefits of Wage Moderation

Volume/Issue: 2005/191

Series: IMF Working Papers

Author(s): Marcello Estevão

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451862102

Keywords: Structural change, product market, labor market, reforms, wage, unemployment, employment, unemployment rate, Market Structure and Pricing: General,

Euro-area real wages have decelerated sharply in the last 20 years, but this has not yet translated into visibly lower unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling...

A Narrative Database of Major Labor and Product Market Reforms in Advanced Economies1

A Narrative Database of Major Labor and Product Market Reforms in Advanced Economies1 »

Source: A Narrative Database of Major Labor and Product Market Reforms in Advanced Economies

Volume/Issue: 2018/19

Series: IMF Working Papers

Author(s): Romain Duval , Davide Furceri , Bingjie Hu , João Tovar Jalles , and Huy Nguyen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2018

ISBN: 9781484338698

Keywords: Reform; Regulation; Product Market; Network Industries; Labor Market; Employment Protection; Unemployment insurance, Reform, Regulation, Product Market, Network Industries, Labor Market, Employment Protection, Unemployment insurance, Legal Monopolies and Regulation or Deregulation, Economics of Regulation

This paper describes a new database of major labor and product market reforms covering 26 advanced economies over the period 1970-2013. The focus is on large changes in product market regulation in seven individual...

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies1

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies1 »

Source: When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies

Volume/Issue: 2016/62

Series: IMF Working Papers

Author(s): Anna Bordon , Christian Ebeke , and Kazuko Shirono

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2016

ISBN: 9781513589923

Keywords: Structural reforms, employment, monetary policy, fiscal policy, product market, labor market, labor, employment rate, General, All Countries,

Structural reforms are expected to lift growth and employment, but their effects are surprisingly difficult to pin down empirically. One reason is their potential endogeneity to the economic environment in which th...

Labor and Product Market Reforms in Advanced Economies: Fiscal Costs, Gains, and Support

Labor and Product Market Reforms in Advanced Economies: Fiscal Costs, Gains, and Support »

Source: Labor and Product Market Reforms in Advanced Economies : Fiscal Costs, Gains, and Support

Volume/Issue: 2017/3

Series: Staff Discussion Notes

Author(s): Angana Banerji , Valerio Crispolti , Era Dabla-Norris , Romain Duval , Christian Ebeke , Davide Furceri , Takuji Komatsuzaki , and Tigran Poghosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 March 2017

ISBN: 9781475583977

Keywords: Business cycles, Developed countries, Employment, Fiscal policy, Fiscal reforms, Labor market reforms, Legislation, Fiscal Policy; Structural Reforms; Public Debt; Labor Market; Product Market; Deregulation; Employment Protection; Unemployment Benefits; Labor Tax; Active Labor Market Policy, Structural Reforms, Public Debt

Product and labor market reforms are needed to lift persistently sluggish growth in advanced economies. But reforms have progressed slowly because of concerns about their distributive and short-term economic effect...