Winters, L Alan, Fernandes, Ana P and Ferreira, Priscila (2014) Firm entry deregulation, competition and returns to education and skill. European Economic Review, 70. pp. 210-230. ISSN 0014-2921
Full text not available from this repository.Abstract
This paper studies the effect of firm entry deregulation on the returns to skill and education. We exploit a comprehensive episode of entry deregulation, unique in the industrialized world, as a quasi-natural experiment. Using matched employer–employee data for the universe of workers and firms in Portugal, we show that increased product market competition, which resulted from deregulation, increased the returns to a university degree and the returns to skill. We verify that our results are not driven by changes in employment composition, and are unlikely to be driven by skill-biased technical change, or by workers who change skill levels after the deregulation.
Item Type: | Article |
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Schools and Departments: | School of Business, Management and Economics > Economics |
Subjects: | H Social Sciences |
Depositing User: | Joy Blake |
Date Deposited: | 03 Mar 2016 12:49 |
Last Modified: | 16 Aug 2019 16:03 |
URI: | http://sro.sussex.ac.uk/id/eprint/59815 |