Arbeitspapier
Sectoral Structure and Entry Regulations
The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, economy-wide barriers to entry hinder the development of dynamic sectors such as service industries. Moreover, higher service prices and rents in regulated economies reduce labor supply, providing a rationale for the negative association between product market regulations and the employment rate previously found in the literature. Empirical evidence presented shows that regulatory entry barriers help explaining differences in the sectoral allocation of labor across OECD countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 747
- Klassifikation
-
Wirtschaft
One, Two, and Multisector Growth Models
Macroeconomic Analyses of Economic Development
- Thema
-
unbalanced growth
entry regulations
sectoral employment
Sektorale Beschäftigungsstruktur
Allgemeines Gleichgewicht
Mehr-Sektoren-Modell
Einkommenselastizität
Markteintritt
Dienstleistungssektor
Regulierung
Schätzung
Theorie
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Messina, Julián
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Messina, Julián
- Institute for the Study of Labor (IZA)
Entstanden
- 2003
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