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developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for … capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by …
Persistent link: https://www.econbiz.de/10012445598
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 … investment analysis, the results suggest that corporate taxes reduce investment through an increase in the user cost of capital …
Persistent link: https://www.econbiz.de/10012444515
This paper analyses how different tax policies can affect investment and productivity. To address this question the … differently by taxation. Investment is shown to respond negatively to an increase in the corporate tax rate and a decrease in … productivity tests the hypothesis that taxes affect productivity through different channels and that due to some salient industry …
Persistent link: https://www.econbiz.de/10012444789
product market, concerning in particular entry barriers, are negatively related to investment. The implications of our … analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment ... …
Persistent link: https://www.econbiz.de/10012444698
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
to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP …
Persistent link: https://www.econbiz.de/10012443928
hypotheses about economic policies and other factors influencing factor productivity developments. A final section provides a …
Persistent link: https://www.econbiz.de/10012444595
-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity … on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign …
Persistent link: https://www.econbiz.de/10012446050
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
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …
Persistent link: https://www.econbiz.de/10012446761