Showing 1 - 10 of 169
Since 2001, OECD corporate net lending has risen sharply. This paper examines the main forces at play behind this run-up and provides some insight into whether and how they might possibly unwind in the future, a process that may already be underway. It shows in particular that, the increase is...
Persistent link: https://www.econbiz.de/10012444971
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
on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign … privatization) and opening up access to markets where competition is economically viable. The results suggest that pro …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …
Persistent link: https://www.econbiz.de/10005046110
In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation...
Persistent link: https://www.econbiz.de/10012443921
corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … investment analysis, the results suggest that corporate taxes reduce investment through an increase in the user cost of capital …
Persistent link: https://www.econbiz.de/10012444515
product market, concerning in particular entry barriers, are negatively related to investment. The implications of our … analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment ... …
Persistent link: https://www.econbiz.de/10012444698
This paper analyses how different tax policies can affect investment and productivity. To address this question the … differently by taxation. Investment is shown to respond negatively to an increase in the corporate tax rate and a decrease in …
Persistent link: https://www.econbiz.de/10012444789
In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In … some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital … overhang and the prospect of a prolonged period of slow capital formation in order to bring investment levels back to more …
Persistent link: https://www.econbiz.de/10012445951
investment. Policies have been put in place to address these problems, but much remains to be done. An important recent … initiative is the enactment of the Investment Law in 2007, which strengthened the foreign investment regime. This paper argues … provisions at the local level of government, improving governance and relaxing remaining restrictions on foreign investment …
Persistent link: https://www.econbiz.de/10012444614
on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign … privatization) and opening up access to markets where competition is economically viable. The results suggest that pro …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …
Persistent link: https://www.econbiz.de/10012446050