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that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …
Persistent link: https://www.econbiz.de/10014403602
This paper explores the nature, significance and policy implications of spillovers in international corporate taxation-the effects of one country's rules and practices on others. It complements current initiatives focused on tax avoidance by multinationals, notably the G20-OECD project on Base...
Persistent link: https://www.econbiz.de/10014410572
The Report evaluates statistical practices relating to the measurement of international capital flows. In particular …
Persistent link: https://www.econbiz.de/10014403133
Persistent link: https://www.econbiz.de/10004661402
The Handbook on Measuring Digital Trade sets out a conceptual and measurement framework for digital trade which aligns …
Persistent link: https://www.econbiz.de/10014435647
This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …
Persistent link: https://www.econbiz.de/10014401163
This paper assesses Estonia’s flexibility from two angles. The paper focuses on one aspect of that performance—the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia’s labor and product markets. Estonia has made great progress in achieving...
Persistent link: https://www.econbiz.de/10014404653
This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and 2005, Estonia’s real GDP per capita rose by an average...
Persistent link: https://www.econbiz.de/10014404814
This Selected Issues paper examines developments in Estonia’s expanding net external obligations, as well as in domestic income flows and balance sheets. The paper discusses external current account and net international investment positions. Domestic investment and saving and balance sheet...
Persistent link: https://www.econbiz.de/10014406461
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …
Persistent link: https://www.econbiz.de/10014406738