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 …

-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …

effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … on GDP per capita of policies transiting through capital deepening can be considerably larger than the 5- to 10-year … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …

) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department … findings are that there are indeed a number of structural policies where the long-run effects on GDP and AHDI are … power of labour (for example a loosening of EPL), have weaker long-run positive effects on AHDI than GDP. Other structural …

Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism … dataset is made of inter-regional tourism flows among Italian regions over the 2000 - -12 period; across this period, 2008 to …

Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists … to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism … factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism …

regularity conditions and assuming a Cobb Douglas production function, it is shown that (log) oil exports enter the long run … money balances, inflation, real exchange rate, oil exports, and foreign real output, the paper finds clear evidence for two … acting as a proxy for the (missing) market interest rate. Real output in the long run is shaped by oil exports through their …