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developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for … capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …
Persistent link: https://www.econbiz.de/10005049024
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276784
Brazil's main challenge in innovation policy is to encourage the business sector to engage in productivity …
Persistent link: https://www.econbiz.de/10005046251
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
reduce productivity growth by reducing entrepreneurial activity. While the paper focuses on how taxes affect growth, it …
Persistent link: https://www.econbiz.de/10005045631
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10005045776
labour productivity, which in turn is related to economic geography as well as structural policy factors. The small size and … drivers of prosperity – investment, skills and ideas – to New Zealand. The reforms of the 1980s and 1990s laid much of the … groundwork for creating this advantage and for a pick-up in productivity growth. But in recent years, New Zealand has lost ground …
Persistent link: https://www.econbiz.de/10005046189
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe. Unemployment duration is still extremely high, and many have withdrawn from the labour market altogether. Because the weakness is largely cyclical in...
Persistent link: https://www.econbiz.de/10011276810
to come increasingly from productivity gains, and resources will have to shift towards activities that rely more on …
Persistent link: https://www.econbiz.de/10011276855