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Persistent link: https://www.econbiz.de/10014514848
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been …
Persistent link: https://www.econbiz.de/10011276785
Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and … product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial … sector. Sustaining vigorous growth over the longer run therefore requires pushing ahead with a number of structural reforms …
Persistent link: https://www.econbiz.de/10011276807
raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem …Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession … current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The …
Persistent link: https://www.econbiz.de/10011276818
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically … and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness. An examination …
Persistent link: https://www.econbiz.de/10011276949
Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business … sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less … formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities …
Persistent link: https://www.econbiz.de/10011276955
Persistent link: https://www.econbiz.de/10014290589
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10008462847
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which …Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to … anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close …
Persistent link: https://www.econbiz.de/10008560209