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Both OECD and developing economies have embarked on structural reforms aimed at dismantling regulations and reducing the extent of distortions affecting different sectors of their economies. Regardless of the marked differences, both groups have to deal with the problems of the appropriate...
Persistent link: https://www.econbiz.de/10012446244
Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse...
Persistent link: https://www.econbiz.de/10011276797
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
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
The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity …
Persistent link: https://www.econbiz.de/10012630141
role of cross-firm dispersion in productivity in explaining dispersion in firm wage premia, as well as the factors shaping … the link between productivity and wages at the firm level. The results suggest that around 15% of cross-firm differences … in productivity are passed on to differences in firm wage premia. The degree of pass-through is systematically larger in …
Persistent link: https://www.econbiz.de/10012630368
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 … reallocation) raises questions about whether job reallocation remained productivity-enhancing. Using novel, near-real-time data for …
Persistent link: https://www.econbiz.de/10012630503