Narrow search
Showing 1 - 8 of 8
Cover Image
Regulation, Institutions, and Productivity: New Macroeconomic Evidence from OECD Countries
Egert, Balazs - 2017
Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. In this paper, we seek to understand the drivers of country-level MFP with a...
Persistent link: https://www.econbiz.de/10011657128
Cover Image
Regulation, Institutions and Aggregate Investment: New Evidence from OECD Countries
Egert, Balazs - 2017
product and labour market regulation is considerably stronger at higher levels. The paper uncovers important policy … and labour market regulation on the capital stock. Several alternative testing methods show that the negative influence of …
Persistent link: https://www.econbiz.de/10011657136
Cover Image
Aggregate Multi-Factor Productivity: Measurement Issues in OECD Countries
Egert, Balazs - 2018
This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations. The starting point is the definition of MFP used in previous work in the OECD’s Economics Department (e.g. Johansson et al....
Persistent link: https://www.econbiz.de/10011815809
Cover Image
Investment in OECD Countries: A Primer
Egert, Balazs - 2021
policy drivers of business investment such as finance (including bank and market finance, venture capital and the debt bias …
Persistent link: https://www.econbiz.de/10012599223
Cover Image
Walking the Tightrope: Avoiding a Lockdown While Containing the Virus
Egert, Balazs; Guillemette, Yvan; Murtin, Fabrice; … - 2020
the appropriate policy stance as countries prepare for a potentially protracted period characterised by new infection …
Persistent link: https://www.econbiz.de/10012425703
Cover Image
The Tortoise and the Hare: The Race between Vaccine Rollout and New Covid Variants
Turner, David; Egert, Balazs; Guillemette, Yvan; Botev, … - 2021
New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...
Persistent link: https://www.econbiz.de/10012599238
Cover Image
The Quantification of Structural Reforms in OECD Countries: A New Framework
Egert, Balazs; Gal, Peter - 2017
observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10011657141
Cover Image
The Quantification of Structural Reforms: Extending the Framework to Emerging Market Economies
Egert, Balazs - 2018
. More competition-friendly regulations, as measured by the OECDs’ Product Market Regulation (PMR) indicator improve economic … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
Persistent link: https://www.econbiz.de/10011815814