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Education, market rigidities and growth

Authors :
Aghion, Philippe
Askenazy, Philippe
Bourlès, Renaud
Cette, Gilbert
Dromel, Nicolas
Source :
Aghion, Philippe, Philippe Askenazy, Renaud Bourlès, Gilbert Cette, and Nicolas Dromel. 2009. “Education, Market Rigidities and Growth.” Economics Letters 102 (1) (January): 62–65. doi:10.1016/j.econlet.2008.11.025.
Publication Year :
2009
Publisher :
Elsevier BV, 2009.

Abstract

This paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market regulation and labour market rigidity seems particularly substantial.<br />Economics

Details

Language :
English
ISSN :
01651765
Database :
Digital Access to Scholarship at Harvard (DASH)
Journal :
Aghion, Philippe, Philippe Askenazy, Renaud Bourlès, Gilbert Cette, and Nicolas Dromel. 2009. “Education, Market Rigidities and Growth.” Economics Letters 102 (1) (January): 62–65. doi:10.1016/j.econlet.2008.11.025.
Publication Type :
Academic Journal
Accession number :
edshld.1.30752414
Document Type :
Journal Article
Full Text :
https://doi.org/10.1016/j.econlet.2008.11.025