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and increase incentives for private-sector development of affordable housing. This Working Paper relates to the 2014 OECD …
Persistent link: https://www.econbiz.de/10011276860
incentives that bias savings decisions towards property investment have amplified the increase in house prices, widening wealth …
Persistent link: https://www.econbiz.de/10009149950
, where productivity is higher and has increased further thanks to agglomeration effects. In the process, the rural …
Persistent link: https://www.econbiz.de/10011276950
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10011276970
France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...
Persistent link: https://www.econbiz.de/10009003060
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...
Persistent link: https://www.econbiz.de/10011276814
This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output … be on ensuring that incentives arising from government subsidies are targeted on actual market failures. The very high … provincial top-ups may affect the incentives of small firms to grow and should be redesigned. A plethora of small, fragmented …
Persistent link: https://www.econbiz.de/10011276823
reduce productivity growth by reducing entrepreneurial activity. While the paper focuses on how taxes affect growth, it …
Persistent link: https://www.econbiz.de/10005045631
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently. While the redirection of resources towards unification-related spending as well as low...
Persistent link: https://www.econbiz.de/10005045785
corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … effect on productivity at the firm level. The effect is negative across firms of different size and age classes except for …. This may partly explain the negative productivity effects of corporate taxes if new capital goods embody technological …
Persistent link: https://www.econbiz.de/10005046045