Showing 1 - 10 of 52
In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be …
Persistent link: https://www.econbiz.de/10011098129
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of …
Persistent link: https://www.econbiz.de/10005045612
In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-à-vis the United States. Worse, the gap may even be widening since the mid-1990s. While in the case of Japan the gap in GDP per capita is...
Persistent link: https://www.econbiz.de/10005045617
In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades is more … consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous growth model à la Uzawa … implied by these two models to discriminate between them. Using pooled crosscountry time-series data, we specify our growth …
Persistent link: https://www.econbiz.de/10005045653
The quality of the OECD's Economic Outlook growth projections was last evaluated in-house at the peak of the previous … business cycle, calling for a reassessment. This paper analyses the OECD's annual GDP growth projections for the G7 countries … over the period 1991-2006 and compares them with the Consensus Economics forecasts. It shows that OECD growth projections …
Persistent link: https://www.econbiz.de/10005045656
This paper investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy...
Persistent link: https://www.econbiz.de/10005045803
much better than the Barro and Lee (1996) or Nehru <I>et al.</I> (1995) series in a number of growth specifications. We … on the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we …
Persistent link: https://www.econbiz.de/10005045843
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …
Persistent link: https://www.econbiz.de/10005045849
, which has provided a significant boost to growth, productivity, competitiveness, profits and (more controversially …
Persistent link: https://www.econbiz.de/10005045869
The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10005045923