through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in …

delay with the US, from the possible ICT productivity growth second wave. …

This paper models the relationship between growth and volatility for G7 economies in the time period 1960-2009. It … in mean (log-GARCH-M) models, the class of time series models previously used in the literature to estimate the growth … volatility on output growth, which is not taken into account by log-GARCH-M models. …

effects. We find clear evidence that anticompetitive regulations in upstream sectors have curbed MFP growth downstream over … increase MFP growth by between 1 and 1.5 per cent per year in the OECD countries covered by our sample. Our results are robust …

Recent empirical work has shown that current account deficits have been associated with lower growth in developing … countries while they have been associated with higher growth in developed countries. This paper shows that this can be … lower growth. However, the positive relationship between current account balance and growth is dampened with lower …

legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

This paper studies how financial development affects the relation between average growth and growth volatility through … liquidity crises. Then with this mechanism, we show in a macro framework that the relation between average growth and growth …

The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium …

The paper investigates, from the welfare and growth point of view, the determination of the optimal capacity of the … banking system. For that purpose, we consider an overlapping generation model with endogenous growth. There is horizontal … may reduce instability and increase the number of deposits, welfare and growth. We also characterize the conditions under …