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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19027| Title: | Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective |
| Keywords: | L51 J23 D92 D81 C61 ddc:330 product market competition regulation real options investment employment Deregulierung Faktornachfrage Realoption Investition Beschäftigungseffekt Wettbewerb Theorie |
| Issue Date: | 16-Oct-2013 |
| Description: | The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The analytic strategy of this paper relies upon the stochastic real options modelling approach. In a nutshell, our simulations using numerical methods indicate that comprehensive product market reforms would increase factor demand and growth significantly in the medium and long run. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19027 |
| Other Identifiers: | http://hdl.handle.net/10419/19027 ppn:503683752 |
| Appears in Collections: | EconStor |
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