Showing 1 - 10 of 139
This paper presents a new set of institutional indicators that assess how sub-central governments harness market mechanisms such as tendering, outsourcing, user choice and competition, user fees and output-related funding when providing public services. Services put under scrutiny comprise...
Persistent link: https://www.econbiz.de/10012444236
The Chilean authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried out in a cost-efficient manner to make sure that it yields commensurate...
Persistent link: https://www.econbiz.de/10012445395
This paper reviews the extent to which OECD countries have opened the provision of publicly funded services to competition among public and private suppliers. The paper lays out an analytical framework identifying the inherent incentive and efficiency issues associated with the provision of...
Persistent link: https://www.econbiz.de/10012445450
There is widespread concern, particularly in Europe, about the possibility of a secular decline in profits and rates of return. The purpose of this study is to assess whether there has been a decline and to quantify it as far as possible, taking measurement problems into account. It also...
Persistent link: https://www.econbiz.de/10012444095
This paper extends a previous study of profit trends to consider valuation ratios (Tobin's q) in nine countries. Tobin's q embodies market expectations and is an indicator of expected pure profit rates on the existing capital stock. Since 1982, equity markets have recovered substantially. By...
Persistent link: https://www.econbiz.de/10012444878
, which has provided a significant boost to growth, productivity, competitiveness, profits and (more controversially …
Persistent link: https://www.econbiz.de/10005045869
other public policies can narrow regional gaps in income, well-being and access to services, productivity growth is key to …, this paper documents the performance of Swedish large regions (TL2) on the main productivity drivers identified by the … high regional productivity, namely rail and road connectivity, knowledge-intensive employment and research and education …
Persistent link: https://www.econbiz.de/10012801203
This paper analyses the role of intangibles and digital adoption for firm-level productivity in the Netherlands drawing … on a newly constructed panel data set of Dutch enterprises. It provides robust evidence on productivity effects of … significant impact on firm-level productivity growth in the service sector and for younger firms. Productivity benefits from …
Persistent link: https://www.econbiz.de/10012661000
leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms … employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution … in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets …
Persistent link: https://www.econbiz.de/10012661010
Intangible assets are an important driver of productivity and ultimately output growth. Yet, despite their aggregate … rise in the past decades, productivity has continued to grow modestly in the majority of OECD countries. This is in part … analysis, the paper provides evidence that easing financing restrictions is particularly beneficial for productivity in sectors …
Persistent link: https://www.econbiz.de/10012661025