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unclear. One candidate is intangible capital - a rising driver of economic growth that, being non-pledgeable as collateral, is … policy could strengthen longer-term growth, particularly so where strong product market competition prevents firms from self …
Persistent link: https://www.econbiz.de/10012170156
per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an …
Persistent link: https://www.econbiz.de/10012612327
trade and TFP growth both over time and across sectors …
Persistent link: https://www.econbiz.de/10014399824
This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...
Persistent link: https://www.econbiz.de/10014403673
Persistent link: https://www.econbiz.de/10009726405
A number of advanced economies carried out a sequence of extensive reforms of their labor and product markets in the 1990s and early 2000s. Using the Synthetic Control Method (SCM), this paper implements six case studies of well-known waves of reforms, those of New Zealand, Australia, Denmark,...
Persistent link: https://www.econbiz.de/10011715188
This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed 'narrative' dataset of major regular job protection reforms covering 26...
Persistent link: https://www.econbiz.de/10011763890
market reform efforts in advanced economies at the current juncture of weak growth …
Persistent link: https://www.econbiz.de/10011711479
We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid … evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no …: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers? Thus, our …
Persistent link: https://www.econbiz.de/10014400078
aid on the long-term growth of poor countries, even those with good policies. We look for a possible offset to the …
Persistent link: https://www.econbiz.de/10014400208