Showing 1 - 10 of 107
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to … improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close …
Persistent link: https://www.econbiz.de/10008560209
The recent period of sustained high growth in the United States has drawn attention to its financial system and the … allocation and growth. It provides evidence suggesting that legal and regulatory framework conditions for financial systems, and … financial development and growth — over and above the links via investment — indicating impacts via overall economic efficiency …
Persistent link: https://www.econbiz.de/10005046107
In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a … increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth … multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross …
Persistent link: https://www.econbiz.de/10005046173
This paper provides a summary of an OECD workshop on the causes of economic growth, held 6-7 July 2000. The topics … covered include the recent growth resurgence in the United States, the potential importance of ICT and the Internet, and the … part played by continual reallocation and restructuring. The paper also discusses the growth role of education …
Persistent link: https://www.econbiz.de/10005046099
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential …
Persistent link: https://www.econbiz.de/10009350673
and by undertaking growth-friendly structural reforms.<P>Écarts relatifs à l'investissement après la crise …
Persistent link: https://www.econbiz.de/10011276786
economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …
Persistent link: https://www.econbiz.de/10011277005
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries … the current recession and longer-term growth. This can be achieved by increasing competition, especially in network …
Persistent link: https://www.econbiz.de/10008498021
Individual elements in Belgian tax system affect the growth process through different channels and to a varying degree …. Consumption taxes are among the least distortive for growth, and there is considerable scope to increase the reliance on this tax …
Persistent link: https://www.econbiz.de/10008498032
The Mexican banking crisis of 1994/95 necessitated a major government rescue operation - estimated to have cost about 20 per cent of GDP. Since then, financial sector reforms have been implemented and the performance of the Mexican financial system has markedly improved, as shown by indicators...
Persistent link: https://www.econbiz.de/10005045621