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productivity growth. This would help in particular laggard firms and low-skilled people, making the benefits of digitalisation …
Persistent link: https://www.econbiz.de/10012630061
This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of...
Persistent link: https://www.econbiz.de/10012445229
regulation have a significant impact on both labour and total factor productivity. States in which the regulatory environment … restricts competition have lower productivity growth in comparison to states in which regulation is more supportive of … of product market regulation is necessary to improve productivity growth further and ensure that the benefits of reform …
Persistent link: https://www.econbiz.de/10012445595
This paper explores the productivity impact of trade, product market and financial market policies over the last decade … investigating the link between these policies and productivity growth depending on how far incumbents are relative to the … the potential channels through which productivity is affected by reform. The key conclusion that can be derived from the …
Persistent link: https://www.econbiz.de/10011276928
sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less … formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities … to be overcome to raise productivity in the informal, low-skill and low-productivity sector, and to facilitate resource …
Persistent link: https://www.econbiz.de/10011276955
In recent years economists have come to see rich natural resource endowments as a ?curse? or ?precious bane? that inevitably undermines development and slows economic growth. Resource-based development undeniably involves important risks. Nonetheless, the resource curse - if it exists - is at...
Persistent link: https://www.econbiz.de/10012444649
This document forms a record of a workshop held on 16 January 2006, aimed at examining the mechanisms underlying cross-country convergence of per capita GDP, to what extent they operate in practice, and the implications for policies, including those requiring plausible long-term projections of...
Persistent link: https://www.econbiz.de/10012444679
Competition in product markets has been found to be an important determinant of economic performance in developed and developing countries. This paper uses the OECD's indicators of product market regulation (PMR) to assess the extent to which India's regulatory environment is supportive of...
Persistent link: https://www.econbiz.de/10012446848
This paper examines how import penetration affects firms' productivity growth taking into account the heterogeneity in … product market regulation measures depending on firms' positions along the global distribution of productivity levels. The … heterogeneous effects of international competition and domestic product market regulation on firm-level productivity growth are …
Persistent link: https://www.econbiz.de/10011276805
The growing literature studying the determinants of subjective wellbeing find that Mexicans report, on average, levels of life satisfaction that are above what would be predicted by the available objective measures of well-being. This paradox raises the following question: Are the drivers of...
Persistent link: https://www.econbiz.de/10011277025