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Persistent link: https://www.econbiz.de/10011792677
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …
Persistent link: https://www.econbiz.de/10009696511
The “killer application” of the new framework for productivity measurement presented in this paper is the impact of … and software has steadily enhanced the role of IT investment. Productivity growth in IT-producing industries has risen in … importance and a productivity revival is underway in the rest of the economy. The surge of IT investment in the United States …
Persistent link: https://www.econbiz.de/10014023777
generate substantial productivity improvements across EU member economies. Over a period of 10 years, the predicted increase in … labour productivity resulting from a bold reform package is around 10% for the average EU country, and new member States … should include removing remaining barriers to labour mobility, improving transport infrastructure, mutual recognition of …
Persistent link: https://www.econbiz.de/10012446958
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …
Persistent link: https://www.econbiz.de/10011276926
generate substantial productivity improvements across EU member economies. Over a period of 10 years, the predicted increase in … labour productivity resulting from a bold reform package is around 10% for the average EU country, and new member States … should include removing remaining barriers to labour mobility, improving transport infrastructure, mutual recognition of …
Persistent link: https://www.econbiz.de/10005046039
This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences … of the key channels through which inappropriate service regulations affect productivity growth is by hindering the … that anti-competitive service regulations hamper productivity growth in ICT-using sectors, with a particularly pronounced …
Persistent link: https://www.econbiz.de/10005046057
advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during … trend from the cycle. The results are mildly supportive of the OC theory. Demand shocks tend to have a negative impact on … productivity, both in the short and long run, and the short-run impact is stronger in those countries where fluctuations are more …
Persistent link: https://www.econbiz.de/10005666892
corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … effect on productivity at the firm level. The effect is negative across firms of different size and age classes except for …. This may partly explain the negative productivity effects of corporate taxes if new capital goods embody technological …
Persistent link: https://www.econbiz.de/10012444515
Financial integration generates macroeconomic spillovers that may require international monetary policy coordination. We show that individual central banks may set nominal interest rates too low or too high relative to the cooperative outcome. We identify three sufficient statistics that...
Persistent link: https://www.econbiz.de/10014447329