Small isn?t always beautiful: The cost of regulation on French firms
Luis Garicano and John Van Reenen
France has a raft of labour-market regulations that kick in for firms with 50 workers or more. Luis Garicano and John Van Reenen use this threshold to identify the economic effects of size-contingent regulations. Such policies seem to subsidise small firms at the expense of larger firms. But since small firms are on average less productive than large firms, the [?]
1 June 2013
LSE European Politics and Policy Blog
https://blogs.lse.ac.uk/europpblog/2013/06/01/cost-of-french-firm-regulation/
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