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180616 ||| eng |
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|a Scarpetta, Stefano
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|a The Role of Policy and Institutions for Productivity and Firm Dynamics
|h Elektronische Ressource
|b Evidence from Micro and Industry Data
|c Stefano, Scarpetta ... [et al]
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| 246 |
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|a L' impact des politiques économiques et des institutions sur le marche du travail et le marche des biens sur la productivité et la dynamique des entreprises / Stefano, Scarpetta ... [et al]
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| 246 |
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|a L' impact des politiques économiques et des institutions sur le marche du travail et le marche des biens sur la productivité et la dynamique des entreprises
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| 260 |
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|a Paris
|b OECD Publishing
|c 2002
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| 300 |
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|a 63 p.
|c 21 x 29.7cm
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| 653 |
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|a Economics
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| 700 |
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|a Hemmings, Philip
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| 700 |
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|a Tressel, Thierry
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| 700 |
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|a Woo, Jaejoon
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|a eng
|2 ISO 639-2
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| 989 |
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|b OECD
|a OECD Books and Papers
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| 490 |
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|a OECD Economics Department Working Papers
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| 028 |
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|a /10.1787/547061627526
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| 856 |
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|a oecd-ilibrary.org
|u https://doi.org/10.1787/547061627526
|x Verlag
|3 Volltext
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|a 330
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|a This paper presents empirical evidence on the role that policy and institutional settings in both product and labour market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry-level data for a broader set of countries, together with a set of indicators of regulation and institutional settings in product and labour markets. Aggregate productivity patterns are largely the result of within-firm performance. But, the contribution from firm dynamic processes should not be overlooked, most notably in high-tech industries where new firms tend to play an important role. Industry productivity performance is negatively affected by strict product market regulations, especially if there is a significant technology gap with the technology leader. Likewise, high hiring and firing costs seem to hinder productivity, especially when these costs are not offset by lower wages and/or more internal training. Moreover, burdensome regulations ...
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