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Can India Achieve Double-digit growth ?
Herd, Richard; Conway, Paul; Hill, Sam; Koen, Vincent; … - Economics Department, Organisation de Coopération et … - 2011
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile...
Persistent link: https://www.econbiz.de/10009191040
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced 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...
Persistent link: https://www.econbiz.de/10011277005
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Measuring data as an asset : Framework, methods and preliminary estimates
Corrado, Carol - 2022
Data are shown to generate efficiency gains but to have been unevenly shared across firms and households, and the subpar economic performance of most advanced economies (prior to the pandemic) has been attributed to increased market power originating, at least in part, from the increased use of...
Persistent link: https://www.econbiz.de/10013523857
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The value of data in digital-based business models: Measurement and economic policy implications
Corrado, Carol - 2022
A defining aspect of the digital age is data and its business use. Data have become an important input for firms (e.g., to train artificial intelligence algorithms) but data use is neither accounted for in macroeconomic statistics nor part of business contracts for goods and services provided to...
Persistent link: https://www.econbiz.de/10013376913
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Long-Term Growth Scenarios
Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2013
consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main …
Persistent link: https://www.econbiz.de/10011276784
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Managerial Capital and Business R&D as Enablers of Productivity Convergence
Andrews, Dan; Westmore, Ben - Economics Department, Organisation de Coopération et … - 2014
This paper explores the role of managerial capital and business research and development (R&D) in fostering multifactor productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition to trade openness, an economy’s speed of...
Persistent link: https://www.econbiz.de/10011276858
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Long-Run GDP Growth Framework and Scenarios for the World Economy
Duval, Romain; Maisonneuve, Christine de la - Economics Department, Organisation de Coopération et … - 2009
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … capital in explaining current cross-country disparities in GDP per capita levels. Other distinct features of the projection … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP …
Persistent link: https://www.econbiz.de/10005046027
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Regulation, Competition and Productivity Convergence
Conway, Paul; Rosa, Donato de; Nicoletti, Giuseppe; … - Economics Department, Organisation de Coopération et … - 2006
This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across...
Persistent link: https://www.econbiz.de/10005046117
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Regulation, Competition and Productivity Convergence
Conway, Paul; de Rosa, Donato; Nicoletti, Giuseppe; … - 2006
This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across...
Persistent link: https://www.econbiz.de/10012446836
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Long-Run GDP Growth Framework and Scenarios for the World Economy
Duval, Romain - 2009
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … capital in explaining current cross-country disparities in GDP per capita levels. Other distinct features of the projection … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP …
Persistent link: https://www.econbiz.de/10012443085