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labour productivity, which in turn is related to economic geography as well as structural policy factors. The small size and … groundwork for creating this advantage and for a pick-up in productivity growth. But in recent years, New Zealand has lost ground … regulation. Policies should be refocused around the productivity goal in a number of areas, beginning with those covered in this …
Persistent link: https://www.econbiz.de/10005046189
recession Estonia’s gap in income and productivity levels compared with the EU average was still around 30% and as the country … closing the productivity gap in the manufacturing-for-export sector compared with other transition countries would serve as a …
Persistent link: https://www.econbiz.de/10009146865
Mismatches between the supply and the demand of safe financial assets in fast-growing emerging countries have been singled out by economic theory as drivers of international capital flows and, ultimately, global current account imbalances. This paper assesses empirically the contribution of the...
Persistent link: https://www.econbiz.de/10009351418
market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry … and labour markets. Aggregate productivity patterns are largely the result of within-firm performance. But, the … play an important role. Industry productivity performance is negatively affected by strict product market regulations …
Persistent link: https://www.econbiz.de/10005045611
the case of Japan the gap in GDP per capita is essentially due to the lagging performance in labour productivity, the …
Persistent link: https://www.econbiz.de/10005045617
reduce productivity growth by reducing entrepreneurial activity. While the paper focuses on how taxes affect growth, it …
Persistent link: https://www.econbiz.de/10005045631
This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. <I …>i</I>) Changes in productivity in individual firms at a given size (relative to market). And, <I>ii</I>) a reallocation process due …
Persistent link: https://www.econbiz.de/10005045691
This paper examines the recent literature on economic growth with a focus on policy issues and evidence relevant to OECD countries. The review begins with an overview of developments in the theory of economic growth and also comments generally on the nature of evidence exploring the influences...
Persistent link: https://www.econbiz.de/10005045750
This Working Paper looks at structural policies which would improve Greece’s long-term economic performance and help speed economic and social convergence with average European Union member countries. It focuses on a number of key areas which are particularly important for rapid growth as they...
Persistent link: https://www.econbiz.de/10005045774
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10005045776