Publication: Education, market rigidities and growth
Open/View Files
Date
2009
Published Version
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier BV
The Harvard community has made this article openly available. Please share how this access benefits you.
Citation
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.
Research Data
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.
Description
Other Available Sources
Keywords
Productivity, Growth, Regulations, Market Rigidities, Education
Terms of Use
This article is made available under the terms and conditions applicable to Open Access Policy Articles (OAP), as set forth at Terms of Service