Research Discussion Paper – RDP 2007-04 Productivity Growth: The Effect of Market Regulations

Contents

• Introduction
• Literature Review
• Data and Method
• Results
• Alternative Measures of Labour Market Regulation
• Conclusions
• Appendix A: Data Description and Sources
• References

We are grateful first and foremost to Kathryn Smith for her tireless research efforts, to Kylie Smith and the Overseas Economies section of Economic Analysis Department at the Reserve Bank of Australia, for help with compiling some of the data for this paper, and to John Addison, Paulino Teixeira and Jean-Luc Grosso, and Edward Lazear, for providing us with their severance and notice pay datasets. Luci Ellis and Tim Robinson from the Reserve Bank of Australia and Rémy Lecat and other participants at the Bank de France/Bank of Canada workshop ‘Perspectives on Potential Output and Productivity Growth’ (24–25 April 2006) provided helpful comments on an earlier draft. The views expressed in this paper are those of the authors and do not necessarily reflect those of the Reserve Bank of Australia. Any remaining errors are our own.