Data for: Firm entry deregulation, competition and returns to education and skill

Abstract of associated article: This paper studies the effect of firm entry deregulation on the returns to skill and education. We exploit a comprehensive episode of entry deregulation, unique in the industrialized world, as a quasi-natural experiment. Using matched employer–employee data for the universe of workers and firms in Portugal, we show that increased product market competition, which resulted from deregulation, increased the returns to a university degree and the returns to skill. We verify that our results are not driven by changes in employment composition, and are unlikely to be driven by skill-biased technical change, or by workers who change skill levels after the deregulation.

关联论文摘要：本文探讨企业进入管制放松对技能回报率与教育回报率的影响。我们借助工业化世界范围内独有的一次全面企业进入管制放松事件作为准自然实验，采用葡萄牙所有劳动者与企业的匹配雇主-雇员全域数据，研究发现管制放松引发的产品市场竞争加剧，提升了大学学历回报率与技能回报率。我们验证了研究结果不受就业结构变动的影响，同时也不太可能由技能偏向型技术变革或管制放松后劳动者技能层级变动所驱动。