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China's March to Prosperity: Reforms to Avoid the Middle-income Trap

Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013

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

Fixed Cost, Imperfect Competition and Bias in Technology Measurement: Japan and The United States

Nishimura, Kiyohiko G.; Shirai, Masato - Economics Department, Organisation de Coopération et … - 2000

In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...

Persistent link: https://www.econbiz.de/10005049015

Can India Achieve Double-digit growth ?

Herd, Richard; Conway, Paul; Hill, Sam; Koen, Vincent; … - Economics Department, Organisation de Coopération et … - 2011

investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition … and ensure continued strong investment are required. Labour market reforms are also required to promote job creation …

Persistent link: https://www.econbiz.de/10009191040

Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level

Scarpetta, Stefano; Bassanini, Andrea; Pilat, Dirk; … - Economics Department, Organisation de Coopération et … - 2000

This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical...

Persistent link: https://www.econbiz.de/10005049024

Knowledge, Technology and Economic Growth: Recent Evidence from OECD Countries

Bassanini, Andrea; Scarpetta, Stefano; Visco, Ignazio - Economics Department, Organisation de Coopération et … - 2000

In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP) - allowing for changes in the composition of fixed...

Persistent link: https://www.econbiz.de/10005045776

Technology Upgrading with Learning Cost: A Solution for Two ‘Productivity Puzzles'

Ahn, Sanghoon - Economics Department, Organisation de Coopération et … - 1999

Asia was mediocre in spite of the impressive investment drive in those countries. A simple model of optimal intervals for …

Persistent link: https://www.econbiz.de/10008854279

Managerial Capital and Business R&D as Enablers of Productivity Convergence

Andrews, Dan; Westmore, Ben - Economics Department, Organisation de Coopération et … - 2014

This paper explores the role of managerial capital and business research and development (R&D) in fostering multifactor productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition to trade openness, an economy’s speed of...

Persistent link: https://www.econbiz.de/10011276858

Firm Dynamics and Productivity Growth: A Review of Micro Evidence from OECD Countries

Ahn, Sanghoon - Economics Department, Organisation de Coopération et … - 2001

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...</i>

Persistent link: https://www.econbiz.de/10005045691

Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (Bace) Approach

Doppelhofer, Gernot; Miller, Ronald I.; Sala-i-Martin, … - Economics Department, Organisation de Coopération et … - 2000

This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...

Persistent link: https://www.econbiz.de/10005046029

Boosting Austria's Innovation Performance

Leibfritz, Willi; Janger, Jürgen - Economics Department, Organisation de Coopération et … - 2007

Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and general framework conditions for innovation and...

Persistent link: https://www.econbiz.de/10005046216

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