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corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … effect on productivity at the firm level. The effect is negative across firms of different size and age classes except for …. This may partly explain the negative productivity effects of corporate taxes if new capital goods embody technological …
Persistent link: https://www.econbiz.de/10012444515
This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes … in productivity in individual firms at a given size (relative to market). And, ii) a reallocation process due to …
Persistent link: https://www.econbiz.de/10012446254
Over the past decades, productivity growth and technology diffusion have slowed down, and business dynamism has …
Persistent link: https://www.econbiz.de/10015081734
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10012443928
Against a background of mounting demands for spending on services provided by sub-central governments, this paper examines how fiscal rules can help to ensure that pressure on resources is minimised and available resources are used efficiently. Drawing on questionnaire responses and other...
Persistent link: https://www.econbiz.de/10012445608
This paper highlights some key policy issues regarding the performance of public expenditure and proposes an analytical framework for its assessment. The framework distinguishes three economic objectives of policies in the pursuit of better performance of public expenditure: macroeconomic...
Persistent link: https://www.econbiz.de/10012444371
This paper assesses the potential to raise public spending efficiency in the primary and secondary education sector. Resource availability per pupil has increased significantly over the past decade in a number of countries; often in attempting to exploit the link between educational attainment...
Persistent link: https://www.econbiz.de/10012445903
The longer run consequences of the pandemic will partly hinge on its impact on high productivity firms, and the ongoing … process of labour reallocation from low to high productivity firms. While Schumpeter (1939) proposed that recessions can … reallocation) raises questions about whether job reallocation remained productivity-enhancing. Using novel, near-real-time data for …
Persistent link: https://www.econbiz.de/10012630503
quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … particular reform to education policy on human capital and productivity. …
Persistent link: https://www.econbiz.de/10013202470
multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross … productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …
Persistent link: https://www.econbiz.de/10012443921