Showing 1 - 10 of 78
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP … factor productivity and population growth assumptions is significant, however, and compounds with deeper sources of …
Persistent link: https://www.econbiz.de/10005046027
This paper provides an overview of the political economy of oil in the CIS. It briefly situates the region's oil sector potential in the global context, before analysing the structural features of the oil sectors by country. It examines the ways in which CIS oil industries have been organised...
Persistent link: https://www.econbiz.de/10005046116
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to … improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close …
Persistent link: https://www.econbiz.de/10008560209
studies- is that makes it possible to look at industrial specialization in terms of value added instead of gross exports …
Persistent link: https://www.econbiz.de/10011007422
Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but … depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that … competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce …
Persistent link: https://www.econbiz.de/10005045589
This paper presents empirical evidence on the role that policy and institutional settings in both product and labour market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry-level data for a broader set of countries, together with...
Persistent link: https://www.econbiz.de/10005045611
Health outcomes and the quality of health care in Iceland are very good by international comparison, while income-related health inequality appears to be smaller than in most other countries. However, the health-care system is costly and, according to OECD estimates, public expenditure on health...
Persistent link: https://www.econbiz.de/10005045674
The establishment of competitive markets has been one of the cornerstones Hungarian economic policy over the past decade, alongside a successful strategy of attracting foreign investment. Broad statistical measures show no signs of endemically weak domestic competition, though the country’s...
Persistent link: https://www.econbiz.de/10005045724
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector …
Persistent link: https://www.econbiz.de/10005045925
Following the deep recession in the early 1990s growth has been strong, but the scope for economic catch-up remains …. Structural reforms to strengthen competition in the early 1990s did boost growth and were also ahead of similar developments in …
Persistent link: https://www.econbiz.de/10005045936