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Ukraine : The Cost of Weak Institutions
Tiffin, Andrew - 2006
Ukraine has the potential to be a very wealthy country. It has a well-educated workforce, some of the best agricultural land in the world, an enviable supply of hydrocarbons and minerals, and a relatively well-developed infrastructure. Despite these advantages, however, Ukraine''s per capita...
Persistent link: https://www.econbiz.de/10014402284
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International Spillovers of Macroeconomic Shocks : A Quantitative Exploration
Laxton, Douglas - 2000
This paper provides a quantitative exploration of international spillovers of macroeconomic shocks among the major industrial economies. The particular topical example analyzed here concerns the possible effects on the industrial economies of adverse shocks to the current U.S. economic...
Persistent link: https://www.econbiz.de/10014399922
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Real Exchange Rate Levels, Productivity and Demand Shocks : Evidence From a Panel of 14 Countries
Johnston, Louis Dorrance - 1997
We investigate the long-run relationship between the real exchange rate, traded and nontraded productivity levels, and … find that in 1991 (the last year productivity data are available) there is less overvaluation of the U.S. dollar than that …
Persistent link: https://www.econbiz.de/10014401799
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Productivity in the OECD Countries : A Critical Appraisal of the Evidence
Calderón, César - 2001
suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper … discusses various measures of productivity and its determinants for the OECD countries from different dimensions: (i) the … measurement perspective; (ii) evidence on the evolution of productivity levels across OECD countries; and (iii) a critical review …
Persistent link: https://www.econbiz.de/10014403617
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International Spillovers of Taxiation
International Monetary Fund - 1989
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
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The Efficiency of Education Expenditure in Portugal
Clements, Benedict J. - 1999
This paper assesses the efficiency of education expenditure in Portugal and delineates a possible agenda for reform …. Portugal’s low educational performance has coincided with the highest level of primary and secondary education expenditure to …
Persistent link: https://www.econbiz.de/10014400161
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U.S. total factor productivity slowdown : evidence from the U.S. states
Cardarelli, Roberto; Lusinyan, Lusine - 2015
Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession …
Persistent link: https://www.econbiz.de/10011374729
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Public expenditure in the Slovak Republic : composition and technical efficiency
Grigoli, Francesco - 2012
Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of...
Persistent link: https://www.econbiz.de/10009621024
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In Finance, Size Matters
Lee, Jong-Kun - 2002
This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of ""systemic scale economies"" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...
Persistent link: https://www.econbiz.de/10014399577
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Bank Reform and Bank Efficiency in Pakistan
International Monetary Fund - 2001
Pakistan undertook major financial sector reforms starting in the late 1980s. The effects of these reforms on the profitability and cost and revenue efficiency of the banking sector are evaluated. The revenue performance of all banks, and especially the privatized banks, improved significantly,...
Persistent link: https://www.econbiz.de/10014400681