| dc.creator |
Hong, Aram. |
|
| dc.date |
2009 |
|
| dc.date.accessioned |
2022-05-20T07:23:31Z |
|
| dc.date.available |
2022-05-20T07:23:31Z |
|
| dc.identifier |
http://hdl.handle.net/10822/553775 |
|
| dc.identifier.uri |
http://localhost:8080/xmlui/handle/CUHPOERS/117554 |
|
| dc.description |
Thesis (M.P.P.)--Georgetown University, 2009.; Includes bibliographical
references. This study investigates the effect of regulatory policy on multi-factor
productivity (MFP) growth, which is widely accepted as a measure of "technical
change" in the economy. A regression analysis conducted on a panel of 19 OECD
countries across seven non-manufacturing industries over the period 1990-2003 finds that,
controlling for many types of regulation, entry regulation in the air transport industry and
market structure in the telecommunications industry negatively related to MFP growth.
Conversely, public ownership in the postal industry and vertical integration in the natural
gas industry had a positive relationship with MFP growth. Most other regulatory policies have
insignificant effects, although I identify certain patterns by relaxing the threshold for
significance a little. Therefore, even though in general the indirect and negative effect of
regulation on MFP growth may outweigh the benefits of regulation, policymakers should consider
deregulation on a case by case basis, carefully considering the industry's characteristics and
performance, as opposed to a blanket deregulation across industries. |
|
| dc.format |
application/pdf |
|
| dc.language |
eng |
|
| dc.publisher |
Georgetown University |
|
| dc.source |
Georgetown Public Policy Institute, Masters dissertations, 2009. |
|
| dc.subject |
Political Science, Public Administration; Economics, Commerce-Business; Sociology,
Industrial and Labor Relations |
|
| dc.title |
Regulation and multi-factor productivity growth : non-manufacturing industry evidence
from OECD countries |
|
| dc.type |
thesis |
|
| dc.DataProvider |
Georgetown University Library |
|
| dc.preview |
https://repository.library.georgetown.edu/bitstream/10822/553775/4/hongAram.pdf.jpg |
|