Public Policy (Andrews & Cingano)

Public policy and resource allocation – Evidence from firms in oecd countries by Dan Andrews and Federico Cingano published by OECD. “The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect on the efficiency of resource allocation.” PDF Attached