Business regulation and labor market performance around the world |
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Authors: | Horst Feldmann |
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Institution: | (1) Department of Economics & International Development, University of Bath, Bath, BA2 7AY, UK |
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Abstract: | Using data from 74 industrial, developing and transition countries for the years 2000–2003, this paper analyzes empirically
whether and to what extent anticompetitive business regulations affect the performance of the labor market. According to the
regression results, they appear to increase unemployment rates and lower employment rates. It seems that they particularly
worsen the employment situation of young people. Our results are robust to variations in specification.
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Keywords: | Corruption Employment Regulation Unemployment |
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