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 …

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 …

studies- is that makes it possible to look at industrial specialization in terms of value added instead of gross exports …

exporter and its trading partners, are main determinants of what and where a country exports. By contrast, we find that trade … policies based on tariffs on imported goods not only generate negative spillovers to trading partners by reducing their exports …, but they are also likely to reduce exports of countries that impose the tariffs, in particular in industries that rely …

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 …