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Regulation, Competition and Productivity Convergence

Conway, Paul; de Rosa, Donato; Nicoletti, Giuseppe; … - 2006

This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across...

Persistent link: https://www.econbiz.de/10012446836

Solow or Lucas?: Testing Growth Models Using Panel Data from OECD Countries

Arnold, Jens - 2007

convergence and short term dynamics to vary across countries. While there are indeed good reasons to believe in common long … direct investment, the theoretical models imply that the speed of convergence to the steady state differs across countries …, standard dynamic fixed effect specifications, by imposing cross-country homogeneity restrictions on speed of convergence and …

Persistent link: https://www.econbiz.de/10012446905

Enhancing Income Convergence in Central Europe after EU Accession

Lenain, Patrick - 2004

. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is …

Persistent link: https://www.econbiz.de/10012446298

Enhancing regional convergence in the European Union

Pina, Álvaro - 2021

Progress in regional convergence in the EU has been uneven over the last two decades. While Central and Eastern Europe …, within most countries, gaps between large cities and rural areas have widened. Some challenges to convergence have stemmed …

Persistent link: https://www.econbiz.de/10012801148

Enhancing the Effectiveness of Public Spending: Experience in OECD Countries

Joumard, Isabelle; Kongsrud, Per Mathis; Nam, Young-Sook; … - Economics Department, Organisation de Coopération et … - 2004

In most OECD countries, public spending rose steadily as a share of GDP over the past decades to the mid-1990s, but this trend has since abated. The spending pressures stemming from the continued expansion of social programmes have been partly compensated by transient or one-off factors....

Persistent link: https://www.econbiz.de/10005045600

Managing Public Expenditure: The UK Approach

Noord, Paul van den - Economics Department, Organisation de Coopération et … - 2002

The UK medium-term budgetary framework introduced in 1997 addressed a number of weaknesses of the former regime, notably a bias against capital expenditure and, more generally, poor conditions for longerterm planning adversely affecting central government spending departments, local authorities...

Persistent link: https://www.econbiz.de/10005045652

Reforming Turkey's Public Expenditure Management

Gönenç, Rauf; Leibfritz, Willi; Yilmaz, Erdal - Economics Department, Organisation de Coopération et … - 2005

Fiscal imbalances were a main cause for chronic high inflation and macroeconomic instability before the 2000/2001 crisis. Fiscal consolidation is the cornerstone of post-crisis stabilization. It has been quite successful over the past three years as sizeable primary surpluses have been sustained...

Persistent link: https://www.econbiz.de/10005045722

Rationalising Public Expenditure in the Slovak Republic

Gönenç, Rauf; Walkenhorst, Peter - Economics Department, Organisation de Coopération et … - 2004

Over the past decade, public expenditure in Slovakia was characterised by substantial social transfers and high public sector wage expenses. This paper analyses the main features of Slovakia’s public expenditure system, reviews expenditure trends, and discusses recent reform initiatives. The...

Persistent link: https://www.econbiz.de/10005045749

Managing Public Expenditure: Some Emerging Policy Issues and A Framework for Analysis

Atkinson, Paul; Noord, Paul van den - Economics Department, Organisation de Coopération et … - 2001

This paper highlights some key policy issues regarding the performance of public expenditure and proposes an analytical framework for its assessment. The framework distinguishes three economic objectives of policies in the pursuit of better performance of public expenditure: macroeconomic...

Persistent link: https://www.econbiz.de/10005045810

Enhancing the Effectiveness of Public Spending in Norway

Joumard, Isabelle; Suyker, Wim - Economics Department, Organisation de Coopération et … - 2002

Public spending is very high in Norway, partly reflecting an extensive coverage of the welfare system and ambitious regional development objectives. Moreover, several institutional features contribute to dampening the cost-effectiveness of many public-spending programmes. Abundant oil revenues...

Persistent link: https://www.econbiz.de/10005045873