country. Household survey data indicates that recent decades of high output growth also witnessed a substantial narrowing of …

This paper studies the effect of the VAT threshold on firm growth in the UK, using exogenous variation over time in the … threshold, combined with turnover bin fixed effects, for identification. We find robust evidence that annual growth in turnover … slows by about 1 percentage point when firm turnover gets close to the threshold, with no evidence of higher growth when the …

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …

The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …

find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised …. Furthermore, we find the debt trajectory can be as important as the debt level in understanding future growth prospects, since …