How Long to Read Productivity and Product Markets in Korea: Evidence from Advanced Economies

How Long Does it Take to Read Productivity and Product Markets in Korea: Evidence from Advanced Economies?

It takes the average reader to read Productivity and Product Markets in Korea: Evidence from Advanced Economies by Mr. Andrew J Swiston

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea’s labor productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD’s Product Market Regulation (PMR) Indicators, we show that tighter PMRs slow industry-level productivity growth, and these effects occur across all areas of PMRs—state control, barriers to entrepreneurship, and barriers to trade and investment—and through several detailed indicators. These effects are transmitted through higher product prices and unit labor costs of industries exposed to regulation. The results confirm the potential for Korea to boost overall productivity and growth through PMR reforms, especially by lowering barriers in service and network sectors, reducing restrictions applying to trade and investment, and evaluating the scope of government involvement in the economy.

How long is Productivity and Product Markets in Korea: Evidence from Advanced Economies?

Productivity and Product Markets in Korea: Evidence from Advanced Economies by Mr. Andrew J Swiston is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Productivity and Product Markets in Korea: Evidence from Advanced Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Productivity and Product Markets in Korea: Evidence from Advanced Economies aloud.

What Reading Level is Productivity and Product Markets in Korea: Evidence from Advanced Economies?

Productivity and Product Markets in Korea: Evidence from Advanced Economies is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Productivity and Product Markets in Korea: Evidence from Advanced Economies?

Productivity and Product Markets in Korea: Evidence from Advanced Economies by Mr. Andrew J Swiston is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Productivity and Product Markets in Korea: Evidence from Advanced Economies by Mr. Andrew J Swiston on Amazon click the button below.