0000000000230179
AUTHOR
Mónica Correa-lópez
Service Regulations, Input Prices and Export Volumes: Evidence from a Panel of Manufacturing Firms
Utilizando datos de panel, este trabajo muestra que una mejor regulacion en el sector servicios reduce el precio de los consumos intermedios que soportan las empresas de manufacturas, especialmente aquellas de mayor tamano. El beneficio de un marco regulatorio que fomenta la competencia en el sector servicios se extiende a los mercados internacionales. Entre 1991 y 2007, las reformas en servicios habrian permitido a las grandes companias industriales espanolas incrementar sus exportaciones reales de bienes alrededor de un 22 % en terminos acumulados, a lo largo de este periodo, frente a un hipotetico escenario sin reformas. Mas aun, si se hubiera producido la convergencia en materia regulat…
Service Regulations, Input Prices and Export Volumes: Evidence from a Panel of Manufacturing Firms
Using a panel of firm‐level data from Spanish manufacturers, this study shows that better service regulation reduces the price of intermediate inputs paid by downstream firms. The beneficial cost effects of services reforms extend to both large and small‐to‐medium sized corporations (SME’s), but the former tend to enjoy greater gains. This feature also manifests itself in international markets. We find evidence of an input cost channel through which service regulations affect the volume of exports of large manufacturers, while the evidence of such a channel is weaker for SME’s. Our estimates indicate that, from 1991 to 2007, large firms increased their volume of exports by an average of 20 …