How Much of Barrier to Entry is Occupational Licensing?

How Much of Barrier to Entry is Occupational Licensing?

We exploit state variation in licensing laws to study the effect of licensing on occupational choice using a boundary discontinuity design. We find that licensing reduces equilibrium labour supply by an average of 17–27 per cent.

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Bibliographische Detailangaben
Veröffentlicht in:British journal of industrial relations 2019-12, Vol.57 (4), p.919-943
Hauptverfasser: Blair, Peter Q., Chung, Bobby W.
Format: Artikel
Sprache:eng
Schlagworte:
Discontinuity
Economic models
Labor relations
Labor supply
Licenses
Licensing
Occupational choice
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Beschreibung
Zusammenfassung:We exploit state variation in licensing laws to study the effect of licensing on occupational choice using a boundary discontinuity design. We find that licensing reduces equilibrium labour supply by an average of 17–27 per cent.
ISSN:0007-1080
1467-8543
DOI:10.1111/bjir.12470