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Post-War Economic Growth in the Group-of-Five Countries : a New Analysis
Boskin, Michael J.; Lau, Lawrence J. - 2021
Group-of-Five (G-5) countries: France, West Germany, Japan, United Kingdom and United states. It is assumed that all … France, West Germany and Japan, and between 8 and 10 percent per annum for the U.K. and the U.S. for the period under study …, the productive efficiencies of France, West Germany and Japan rose rapidly from less than 40 percent of the U.S. level in …
Persistent link: https://www.econbiz.de/10013216118
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron - 2014
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
Persistent link: https://www.econbiz.de/10012752291
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Who Really Benefits from Consumption Tax Cuts? Evidence from a Large Vat Reform in France
Benzarti, Youssef - 2017
In this paper we evaluate the incidence of a large cut in value-added taxes (VAT) for French sit-down restaurants. In contrast to previous studies that focus on prices only, we estimate its effect on four groups: workers, firm owners, consumers and suppliers of material goods. Using a...
Persistent link: https://www.econbiz.de/10012947007