Showing 1 - 10 of 291
Resolving stark differences between rich and poor countries in vaccine coverage against COVID is a global policy priority for 2022. However, even among OECD countries, there currently remain surprisingly large differences in vaccine coverage and this paper attempts to explain these differences,...
Persistent link: https://www.econbiz.de/10013202479
Soaring energy prices have raised concerns about the risks energy price shocks pose for firms’ performance and the … green transition. This paper estimates the impacts of energy price changes on firms’ productivity as well as their dynamics …, distinguishing between the short and medium-to-long term, using historical data. The analysis shows that following an energy price …
Persistent link: https://www.econbiz.de/10014324247
New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...
Persistent link: https://www.econbiz.de/10012630293
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 accelerate this process, the nature of the COVID-19...
Persistent link: https://www.econbiz.de/10012630503
Cross-country analysis of the economic effects of environmental policies is limited by the lack of reliable, comparable measures of the stringency of environmental policies. This paper attempts to fill this gap, by constructing new quantitative indexes of environmental policy stringency (EPS)....
Persistent link: https://www.econbiz.de/10012449747
Environmental policies seek to address market failures related to the protection of the environment. However, they may also increase barriers to entry and distort competition. If stringent environmental policies can be designed in a way that minimises such economic burdens, they can facilitate...
Persistent link: https://www.econbiz.de/10012449750
This paper investigates the impact of changes in the stringency of environmental policies on productivity growth in OECD countries. Using a new environmental policy stringency (EPS) index, it estimates a reduced-form model of multi-factor productivity growth, where the effect of countries'...
Persistent link: https://www.econbiz.de/10012449756
Environmental policies address wellbeing and sustainability objectives, affecting firm and household behaviour. A newly developed, cross-country composite proxy of environmental policy stringency (EPS) shows that stringency has been increasing across OECD countries over the past two decades....
Persistent link: https://www.econbiz.de/10012449758
This paper is making use of the OECD product market regulation (PMR) database to measure the heterogeneity of product market regulation across countries for the whole economy, for the main subcomponents of the PMR indicator and for the internet economy. The heterogeneity within EU countries is...
Persistent link: https://www.econbiz.de/10012449778
The landscapes of housing loan markets vary considerably across OECD countries, reflecting differences in preferences and policy settings. This paper first draws a topography of disparities in mortgage structure, documenting considerable variation across OECD countries in key features such as in...
Persistent link: https://www.econbiz.de/10012801153