Navigation path

ECFIN Publications about Product markets

Browse by

/economy_finance/dynamic_panel/browse-by-new.htm



Estimation of service sector mark-ups determined by structural reform indicators

Estimation of service sector mark-ups determined by structural reform indicators

April 2015

Author(s): Anna Thum-Thysen, Erik Canton

This paper analyses the impact of regulation on product sector mark-ups across the EU and confirms that less strict regulation tends to foster competition and reduce mark-up rates. The results also show that mark-ups in most EU countries and sectors have been declining over the last 15 years as a result of competition-friendly reforms. The paper also casts light on which areas of regulation are most important for mark-ups in individual sectors.

 
The role of state-owned enterprises in Romania

The role of state-owned enterprises in Romania

January 2015

Author(s): Helena Marrez

This country focus analyses the importance and economic performance of state-owned enterprises in the Romanian economy.

Topics : Structural policies, growth and development; EU Member State economies; Product Market

Series : Country Focus

 
541 - The potential growth impact of structural reforms in the EU. A benchmarking exercise - Janos Varga, Jan in 't Veld

541 - The potential growth impact of structural reforms in the EU. A benchmarking exercise - Janos Varga, Jan in 't Veld

December 2014

This paper presents a quantitative model-based assessment of the potential impact of structural reforms in the EU Member States. By comparing structural indicators of labour and product markets, a gap is defined for each indicator relative to the 3 best performers. Scenarios are then simulated in which half the gap vis-à-vis best performance is closed, to avoid setting unrealistic and/or unattainable targets.

Categories: Structural policies, growth and development; Labour markets; Product markets

Series: Economic Papers

 
532 - Business Dynamics and Red Tape Barriers - Daria Ciriaci

532 - Business Dynamics and Red Tape Barriers - Daria Ciriaci

September 2014

This is a study evaluating the impact of red tape barriers on Member States’ business dynamics.

Categories: Product markets

Series : Economic Papers

 
531 - Economic Impact of Late Payments - William Connell

531 - Economic Impact of Late Payments - William Connell

September 2014

This study focuses on the economic effect of late payments in Government-to-Business and Business-to-Business commercial transactions.

Categories: Structural policies, growth and development; EU Member State economies; Product markets

Series : Economic Papers

 
530 - The Economic Impact of Civil Justice Reforms - Dimitri Lorenzani and Federico Lucidi

530 - The Economic Impact of Civil Justice Reforms - Dimitri Lorenzani and Federico Lucidi

September 2014

This paper investigates the impact of structural reforms affecting the efficiency of civil justice systems on selected economic outcomes, such as business dynamics and foreign direct investments.

Categories: Structural policies, growth and development; EU Member State economies; Product markets

Series : Economic Papers

 
529 - The Economic Impact of Digital Structural Reforms - Dimitri Lorenzani, Janos Varga

529 - The Economic Impact of Digital Structural Reforms - Dimitri Lorenzani, Janos Varga

September 2014

This paper investigates the impact of selected structural reforms in the areas of radio spectrum, professional e-skills, eCommerce, and fixed broadband on specific economic outcomes, such as prices and productivity, as well as the corresponding economy-wide impact on GDP, simulated through the DSGE model QUEST III.

Categories: Structural policies, growth and development; EU Member State economiesProduct markets

Series : Economic Papers

 
Market Reforms at Work in Italy, Spain, Portugal and Greece

Market Reforms at Work in Italy, Spain, Portugal and Greece

September 2014

Market reforms to boost economic activity and competitiveness have been a central part of Europe’s response to the crisis.

This report estimates the potential impact of a selection of such market reforms in four of Europe’s most vulnerable economies: Italy, Greece, Portugal and Spain.

Categories: Product markets

Series: European Economy

 
528 - Quality in Exports - Hylke Vandenbussche

528 - Quality in Exports - Hylke Vandenbussche

September 2014

This paper develops and implements a new quality metric that allows for a quality ranking of exported products by EU countries and world competitors, to a common destination market.

Categories: Economic indicators; Product markets

Series : Economic Papers

 
527 - Is unemployment structural or cyclical? Main features of job matching in the EU after the crisis - Alfonso Arpaia, Aron Kiss and Alessandro Turrin

527 - Is unemployment structural or cyclical? Main features of job matching in the EU after the crisis - Alfonso Arpaia, Aron Kiss and Alessandro Turrin

September 2014

This economic paper analyses various aspects of labour market matching in Europe and contributes to the study of whether unemployment is mostly cyclical or structural in different member states.

Categories: Structural policies, growth and development; Labour markets; Economic crisis

Series : Economic Papers

 
519 - International Capital Flows and the Boom-Bust Cycle in Spain - Jan in ‘t Veld, Robert Kollmann, Beatrice Pataracchia, Marco Ratto, Werner Roeger

519 - International Capital Flows and the Boom-Bust Cycle in Spain - Jan in ‘t Veld, Robert Kollmann, Beatrice Pataracchia, Marco Ratto, Werner Roeger

June 2014

We study the joint dynamics of foreign capital flows and real activity during the recent boom-bust cycle of the Spanish economy, using a three-country New Keynesian model with credit-constrained households and firms, a construction sector and a government. We estimate the model using 1995Q1-2013Q2 data for Spain, the rest of the Euro Area (REA) and the rest of the world.

Categories : Structural policies, growth and development; EU Member State economies; Financial markets
Series : Economic Papers

 
34 - The Role of Structural Reform for Adjustment and Growth

34 - The Role of Structural Reform for Adjustment and Growth

June 2014

This Economic Brief recapitulates some main insights on the role of structural reform for adjustment and growth in the EU.

Categories: Structural policies, growth and development, Product markets, Labour markets
Series: Economic Briefs

 
516 - What drives the German current account? And how does it affect other EU member states? - Robert Kollmann, Marco Ratto, Werner Roeger, Jan in’t Veld, Lukas Vogell

516 - What drives the German current account? And how does it affect other EU member states? - Robert Kollmann, Marco Ratto, Werner Roeger, Jan in’t Veld, Lukas Vogell

April 2014

We estimate a three-country model using 1995-2013 data for Germany, the Rest of the Euro Area (REA) and the Rest of the World (ROW) to analyze the determinants of Germany’s current account surplus after the launch of the Euro. The most important factors driving the German surplus were positive shocks to the German saving rate and to ROW demand for German exports, as well as German labour market reforms and other positive German aggregate supply shocks.

 
518 - The Puzzle of the Missing Greek Exports - Uwe Böwer, Vasiliki Michou, Christoph Ungerer

518 - The Puzzle of the Missing Greek Exports - Uwe Böwer, Vasiliki Michou, Christoph Ungerer

April 2014

Why is Greece such a surprisingly closed economy? We employ a gravity model of trade to explain the appallingly poor export performance of Greece and argue that weak institutional quality accounts for a large part of this shortfall.

Categories : Structural policies, growth and development; Labour markets; Product markets, Financial markets
Series :Economic Papers

 

Product Market Review 2013 - Financing the real economy

December 2013

The Product Market Review published every two years focuses on the role of product market reforms. This edition's focus is on the interaction between the real economy and the financial sector, asking the question: to what extent does the crisis in the financial sector cast a shadow on economic activity?

 

457 - The housing market in the Netherlands by Windy Vandevyvere and Andreas Zenthöfer

June 2012

This paper looks at the policy interventions in the residential housing market in the Netherlands, assesses their impact on the economy, and concludes with possible reforms.

 

456 - The economic impact of the Services Directive: A first assessment following implementation - Josefa Monteagudo, Aleksander Rutkowski and Dimitri Lorenzan

June 2012

The study presents new data on the barrier reduction resulting from the actual level of implementation of the Services Directive and estimates the impact of that reduction on sectoral trade, foreign direct investment, labour productivity and GDP. It also estimates the impact of the setting up national Points of Single Contact.

 

 

Additional tools

  • Print version 
  • Decrease text 
  • Increase text