Productivity and long term growth

Workshop: Structural Reforms, Crisis Exit Strategies and Growth



Co-sponsored by OECD and Banque de France, 9-10 December 2010 

Cercle Républicain, 5 avenue de l’Opéra, 75001 Paris

Exiting the current financial and economic crisis requires sustaining activity, absorbing unemployment and consolidating public finances.  OECD countries have implemented a number of emergency measures to this end, but as economic stagnation persists the potential role of structural reforms in fuelling growth has become center place in the policy debate.

The workshop focuses on how a renewed drive for structural reforms could be helpful to exit the crisis and resume sustained growth of OECD economies. It gathers experts from academia, national administrations (Central Banks and Finance Ministries), international organizations and economic policy think tanks and aims at stimulating reflection in this important policy area through the presentation of empirical studies, a round table and general discussion.


9th December


Welcome address

P. Jaillet (BdF), J.-L. Schneider (OECD)

9 :15-13 :00 

Session 1 


P. Jaillet

9:15-10:00  Lecture

T. Boeri (Bocconi University), “Reforms and labour market outcomes



General discussion

Coffee Break

10:45-11:15 Paper 1

B. Amable (Université de Paris 1), I. Ledezma (Université Paris Dauphine) et S. Robin,  “The impact of Market Regulation and Distance to Frontier on Innovation and Productivity


11:15-11:45 Paper 2

F. Daveri (Università di Parma), R. Lecat (Banque de France) and M.-L. Parisi  (Università di Brescia), “Service deregulation, competition and the performance of French and Italian firms


11:45-12:15 Paper 3

G. Barone (Banca d’Italia), F. Cingano (Banca d’Italia), "Service Regulation and Growth: Evidence from OECD countries" and Presentation

12:15-12:40 Discussant


J. Mairesse (CREST, Banque de France)




14 :30-18 :30


General discussion



Session 2

L. Reichlin

14:30-15:00 Paper 4

R. Duval, M. Eris and D. Furceri (OECD), “Labour force participation hysteresis in industrial countries: evidence and causes” and Presentation

15:00-15:30 Paper 5

W. Roeger (EU DGEcfin), “Assessing alternative strategies to promote growth in the EU

15:30-16:00 Paper 6

D. Giannone (SBS-EM, ECARES, Université Libre de Bruxelles), M. Lenza (ECB), L. Reichlin (LBS), “Market Freedom and the Global Recession

16-16:25 Discussant

A. Epaulard (French Treasury)



General discussion

Coffee Break


Table Ronde

Crisis Exit Strategies and Structural Reforms

Chair & introduction

P. C. Padoan (OECD)


P. Moutot (ECB), J. Pisani-Ferry (Bruegel), L. Reichlin (London Business School), S. Scarpetta (OECD), A. Turrini (European Commission)

10th December

9 :30-13 :00

Session 3 


J. Oliveira-Martins (OECD)

9:30-10:00 Lecture

P. Aghion (Harvard University), “Reforms and growth"

Presentation: Reforms and growth


General discussion


Coffee Break

10:45-11:30 Paper 7

N. Bloom (Stanford University and CEP), M. Draca (CEP) and J. Van Reenen (LSE and CEP), “Trade induced technical change? The impact of Chinese imports on innovation, diffusion and productivity” and Presentation

11:30-12:15 Paper 8

R. Bourlès (GREQAM), G. Cette (Banque de France), J. Lopez (Banque de France), J. Mairesse (CREST INSEE), G. Nicoletti (OECD), "Do Product Market Regulations in Upstream Sectors Curb Productivity Growth ? Panel Data Evidence for OECD Countries” and Presentation

12:15-12:40 Discussant


F. Daveri (Università di Parma)


General discussion

End of workshop