Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?

This paper is the first one to show the effects of services regulations on downstream firms in the goods and services sectors in a multiple-country setting using firm-level data. The study selected a group of countries that are economically relativ...

Full description

Bibliographic Details
Main Authors:	van der Marel, Erik, Kren, Janez, Iootty, Mariana
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	services reform regulation productivity competition policy competitiveness
Online Access:	http://documents.worldbank.org/curated/en/431711481813102900/Services-in-the-European-Union-what-kinds-of-regulatory-policies-enhance-productivity http://hdl.handle.net/10986/25818

id	okr-10986-25818
recordtype	oai_dc
spelling	okr-10986-258182021-06-08T14:42:46Z Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity? van der Marel, Erik Kren, Janez Iootty, Mariana services reform regulation productivity competition policy competitiveness This paper is the first one to show the effects of services regulations on downstream firms in the goods and services sectors in a multiple-country setting using firm-level data. The study selected a group of countries that are economically relatively services-oriented and show varying degrees of services regulations over time, namely the European Union. The paper employs four alternative firm-level measures of total factor productivity that have recently been developed in the economics literature and provide robust conclusions. Overall, the results suggest that regulatory barriers in services have diverse effects on downstream manufacturing performance, depending on the type of regulatory measure in question. The policy variables are split into pure entry barriers and those that relate to the anti-competitive policies on the operations of the firm, which the paper calls conduct regulations. The latter appear to play the most important role in explaining downstream performance across services and goods firms. Furthermore, the results show that regulations matter significantly more in the cases when a country is institutionally weak, an industry is considered as relatively close to the technology frontier, or a firm is foreign owned. 2017-01-05T22:15:45Z 2017-01-05T22:15:45Z 2016-12 Working Paper http://documents.worldbank.org/curated/en/431711481813102900/Services-in-the-European-Union-what-kinds-of-regulatory-policies-enhance-productivity http://hdl.handle.net/10986/25818 English en_US Policy Research Working Paper;No. 7919 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Europe European Union
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	services reform regulation productivity competition policy competitiveness
spellingShingle	services reform regulation productivity competition policy competitiveness van der Marel, Erik Kren, Janez Iootty, Mariana Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
geographic_facet	Europe and Central Asia Europe European Union
relation	Policy Research Working Paper;No. 7919
description	This paper is the first one to show the effects of services regulations on downstream firms in the goods and services sectors in a multiple-country setting using firm-level data. The study selected a group of countries that are economically relatively services-oriented and show varying degrees of services regulations over time, namely the European Union. The paper employs four alternative firm-level measures of total factor productivity that have recently been developed in the economics literature and provide robust conclusions. Overall, the results suggest that regulatory barriers in services have diverse effects on downstream manufacturing performance, depending on the type of regulatory measure in question. The policy variables are split into pure entry barriers and those that relate to the anti-competitive policies on the operations of the firm, which the paper calls conduct regulations. The latter appear to play the most important role in explaining downstream performance across services and goods firms. Furthermore, the results show that regulations matter significantly more in the cases when a country is institutionally weak, an industry is considered as relatively close to the technology frontier, or a firm is foreign owned.
format	Working Paper
author	van der Marel, Erik Kren, Janez Iootty, Mariana
author_facet	van der Marel, Erik Kren, Janez Iootty, Mariana
author_sort	van der Marel, Erik
title	Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
title_short	Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
title_full	Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
title_fullStr	Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
title_full_unstemmed	Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?
title_sort	services in the european union : what kinds of regulatory policies enhance productivity?
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/431711481813102900/Services-in-the-European-Union-what-kinds-of-regulatory-policies-enhance-productivity http://hdl.handle.net/10986/25818
_version_	1764460227497820160

Services in the European Union : What Kinds of Regulatory Policies Enhance Productivity?

Similar Items