The impact of structural reforms on productivity: the role of the distance to the technological frontier

Ana Fountoura Gouveia, Sílvia Santos, Inês Gonçalves

Research output: Working paper

Abstract

In recent years, literature has linked structural reforms with productivity growth. Considering Portugal’s recent comprehensive reform agenda, this topic acquires particular relevance. Using data for Portuguese firms for the period 2006-2014, this paper assesses the impact of structural reforms on firms’ productivity. In line with existing literature, the analysis shows that most reforms entail long-term gains, despite, in some reform areas, the existence of short-term costs. In general, there are important differences across reform areas and across firms, namely when comparing firms with different productivity levels. The firms’ distance to the technological frontier mediates the impact of reforms, either by potentiating its effects or by curbing them, depending on the reform area.
Original languageEnglish
PublisherOECD Publishing
DOIs
Publication statusPublished - May 2017

Publication series

NameOECD Productivity Working Papers
ISSN (Electronic)2413-9424

Fingerprint

Productivity
Structural reforms
Firm productivity
Productivity growth
Costs
Portugal
Agenda

Keywords

  • Structural reforms
  • Growth
  • Total Factor Productivity
  • Distance to frontier

Cite this

Gouveia, Ana Fountoura ; Santos, Sílvia ; Gonçalves, Inês. / The impact of structural reforms on productivity : the role of the distance to the technological frontier. OECD Publishing, 2017. (OECD Productivity Working Papers).
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The impact of structural reforms on productivity : the role of the distance to the technological frontier. / Gouveia, Ana Fountoura; Santos, Sílvia; Gonçalves, Inês.

OECD Publishing, 2017. (OECD Productivity Working Papers).

Research output: Working paper

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