France [electronic resource] : Selected Issues.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 13/3Publication details: Washington, D.C. : International Monetary Fund, 2013Description: 1 online resource (79 p.)ISBN: 1475576293 :ISSN: 1934-7685Subject(s): Banking Products | Banking | Financial Stability | Investment Banking | Retained Earnings | FranceAdditional physical formats: Print Version:: France : Selected IssuesOnline resources: IMF e-Library | IMF Book Store Abstract: The paper identifies France's structural reforms that would yield the largest competitiveness gains based on macro-empirical evidence, and reviews signs of potential gains from a deregulation of the services sector. It is expected that completing deregulation in the services sector would benefit the entire French economy, by boosting productivity and exports. Econometric results have estimated the impact of reducing the labor taxation and labor market rigidities and of increasing innovation to the average level of other advanced countries.
The paper identifies France's structural reforms that would yield the largest competitiveness gains based on macro-empirical evidence, and reviews signs of potential gains from a deregulation of the services sector. It is expected that completing deregulation in the services sector would benefit the entire French economy, by boosting productivity and exports. Econometric results have estimated the impact of reducing the labor taxation and labor market rigidities and of increasing innovation to the average level of other advanced countries.
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