Skip to Main content Skip to Navigation
Journal articles

Rent Creation and Rent Sharing: New Measures and Impacts on Total Factor Productivity

Abstract : This analysis proposes new measures of rent creation and rent sharing and assesses their impact on productivity on cross-country-industry panel data. We find first that: (1) anticompetitive product market regulations positively affect rent creation and (2) employment protection legislation boosts hourly wages, particularly for low-skill workers. However, we find no significant impact of this employment legislation on rent sharing, as the hourly wage increases are offset by a negative impact on hours worked. Second, using regulation indicators as instruments, we find that rent creation and rent sharing both have a substantial negative impact on total factor productivity. (JEL E22, E24, O30, L50, O43, O47, C23)
Document type :
Journal articles
Complete list of metadata

Cited literature [17 references]  Display  Hide  Download
Contributor : Elisabeth Lhuillier Connect in order to contact the contributor
Submitted on : Wednesday, May 13, 2020 - 12:47:41 PM
Last modification on : Tuesday, October 19, 2021 - 10:50:28 PM


wp674_Rent Creation and Rent S...
Files produced by the author(s)



Gilbert Cette, Jimmy Lopez, Jacques Mairesse. Rent Creation and Rent Sharing: New Measures and Impacts on Total Factor Productivity. Economic Inquiry, Wiley, 2019, 57 (4), pp.1915-1938. ⟨10.1111/ecin.12809⟩. ⟨hal-02279411⟩



Record views


Files downloads