Product Market Reform and Innovation in the EU* Product market reform and innovation in the EU
Product Market Reform and Innovation in the EU* Product market reform and innovation in the EU
复制标题
欧盟产品市场改革与创新* 欧盟产品市场改革与创新
DOI:
10.1111/j.1467-9442.2010.01602.x
复制
发表时间:
2010
影响因子:
1.1
通讯作者:
Griffith R
中科院分区:
文献类型:
--
作者:
Griffith R
European Union countries have implemented widespread reforms to product markets to stimulate competition, innovation, and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. Our analysis exploits exogenous variation in the expected impact of the SMP across countries and industries to identify the effects of reforms on average profitability, and the effects of profitability on innovation and productivity growth.