Research explores impact of Italian product market reforms on productivity

Authors find positive association between firm performance and deregulation of sector

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International Monetary Fund headquarters

A working paper published by the International Monetary Fund estimates the effect of deregulation in network sectors on the value added and productivity of firms in these sectors.

In The impact of product market reforms on firm productivity in Italy, Sergi Lanau and Petia Topalova use firm-level data from Italy between 2003 and 2013 and OECD measures of product market regulation.

Not only do the authors find a positive association between deregulation in network sectors and firms' performance

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