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Education, Market Rigidities and Growth


Philippe Aghion


Harvard University - Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

Philippe Askenazy


Institute for the Study of Labor (IZA); Paris School of Economics (PSE)

Renaud Bourlès


French National Center for Scientific Research (CNRS) - Research Group in Quantitative Saving (GREQAM); Ecole Centrale Marseille

Gilbert Cette


Banque de France

Nicolas Dromel


Paris School of Economics (PSE)
November 2007

IZA Discussion Paper No. 3166

Abstract:     
This note 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.

Number of Pages in PDF File: 10

Keywords: productivity, growth, regulations, market rigidities, education

JEL Classification: O47, J24, J68, L40, O57

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Date posted: December 5, 2007  

Suggested Citation

Aghion, Philippe, Askenazy, Philippe, Bourlès, Renaud, Cette, Gilbert and Dromel, Nicolas, Education, Market Rigidities and Growth (November 2007). IZA Discussion Paper No. 3166. Available at SSRN: http://ssrn.com/abstract=1037301

Contact Information

Philippe Aghion
Harvard University - Department of Economics ( email )
Littauer Center
Cambridge, MA 02138
United States
617-495-6675 (Phone)
617-495-7730 (Fax)
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Philippe Askenazy (Contact Author)
Institute for the Study of Labor (IZA)
Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany
Paris School of Economics (PSE) ( email )
48 Boulevard Jourdan
Paris, 75014 75014
France
Renaud Bourlès
French National Center for Scientific Research (CNRS) - Research Group in Quantitative Saving (GREQAM) ( email )
Centre de la Vieille Charité
2, rue de la Charité
Marseille, 13002
France
Ecole Centrale Marseille ( email )
Technopole de Chateau-Gombert
Marseille, 13013
France
Gilbert Cette
Banque de France ( email )
Paris
France
Nicolas Dromel
Paris School of Economics (PSE) ( email )
48 Boulevard Jourdan
Paris, 75014 75014
France
HOME PAGE: http://www.nicolas-dromel.com
Feedback to SSRN (Beta)


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