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This study examines reforms of public expenditure in industrialised countries over the past two decades. We distinguish ambitious and timid reformers and analyse in detail reform experiences in eight case studies of ambitious reform episodes. We find that ambitious reform countries reduce...
Persistent link: https://www.econbiz.de/10005097556
?fiscal equalisation? coincides with a smaller overall share of spending on productivity-enhancing public inputs. Furthermore …
Persistent link: https://www.econbiz.de/10005098432
bivariate testing for cointegration and correlation analysis. The results indicate that there exist strong long … central markets. With respect to the efficient market hypothesis, the findings by cointegration analysis put some further …
Persistent link: https://www.econbiz.de/10005097511
-stationarity of hours worked. In addition, taking these results together, there is no indication of cointegration among the individual …
Persistent link: https://www.econbiz.de/10005097595
long run relationships, applying three different cointegration tests. It covers the US, Canada, Australia, Japan, the …
Persistent link: https://www.econbiz.de/10005097780
, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …
Persistent link: https://www.econbiz.de/10005097922
explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next …
Persistent link: https://www.econbiz.de/10005097936
, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …
Persistent link: https://www.econbiz.de/10005098324
This paper analyses the impact of business process outsourcing (BPO) on firm productivity based on a comprehensive …-level productivity. The results are robust across different estimation techniques. …
Persistent link: https://www.econbiz.de/10008615603
the age structure of establishments on productivity using representative linked employeremployee panel data. We argue that … establishment age-productivity profiles might differ for various reasons. For example, the importance of physical strength and … possibilities to compensate deficits in skills differ between sectors. We investigate differences in the age-productivity profiles …
Persistent link: https://www.econbiz.de/10009323189