Showing 11 - 20 of 394
environment for innovation and entrepreneurship to draw the economy into higher productivity activities …
Persistent link: https://www.econbiz.de/10013019027
labor force participation is positively associated with labor productivity growth. Using panel data for 10 Canadian … educational attainment would raise Canada's overall labor productivity growth by 0.2 to 0.3 percentage point a year. This suggests …
Persistent link: https://www.econbiz.de/10012950374
Adverse demographics and other structural weaknesses impinge on Korea's long-term fiscal outlook and potential growth. Moreover, inadequate social protection is creating poverty and dampening consumption. The paper presents projections of Korea's fiscal outlook, using new estimates of potential...
Persistent link: https://www.econbiz.de/10012918473
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10013098277
spending boosts output in the short run. It argues against the importance of long term productivity effects, as these are …
Persistent link: https://www.econbiz.de/10013047972
Korea's rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Korea's potential growth. The main finding is that trend growth has fallen from...
Persistent link: https://www.econbiz.de/10013054690
Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic …
Persistent link: https://www.econbiz.de/10012924258
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10013302780
Following very strong growth during the period 2000-12, emerging market economies (EMEs) experienced a slowdown in the last couple of years. This paper examines the supply-side drivers of the strong growth performance of 63 EMEs and investigates if the recent slowdown in growth is transitory or...
Persistent link: https://www.econbiz.de/10013040406
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10013102273