Showing 1 - 10 of 468
The bivariate relationship between real exchange rates and the real long-term interest rate differential has been investigated in a number of recent studies. By exchange-rate-equation standards, this specification does a relatively good job of tracking the historical movements in the...
Persistent link: https://www.econbiz.de/10012444924
multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross … productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …
Persistent link: https://www.econbiz.de/10012443921
This paper analyses how different tax policies can affect investment and productivity. To address this question the … productivity tests the hypothesis that taxes affect productivity through different channels and that due to some salient industry … top personal income taxes have a negative effect on productivity. In contrast, tax incentives for research and development …
Persistent link: https://www.econbiz.de/10012444789
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … to the productivity frontier. …
Persistent link: https://www.econbiz.de/10012445881
This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity …) and multi-factor productivity. We focus on the effects of policies aimed at strengthening private governance (e.g. through …-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
Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and …
Persistent link: https://www.econbiz.de/10013523745
The paper employs a structural vector auto-regression (SVAR) along the lines of Blanchard and Quah (1989) and Clarida and Gali (1994) to identify the sources of changes in German international price competitiveness over the past 30 years. This leads to a separation of the driving forces of the...
Persistent link: https://www.econbiz.de/10012446989
The development of purchasing power parities as converters of national accounts aggregates to comparable volume figures is important for international economic comparisons. This study is primarily concerned with the aggregation of price relativities to basic heading level: that is, the level...
Persistent link: https://www.econbiz.de/10012444903
This paper provides estimates of labour productivity levels in OECD manufacturing, for 9 countries and 36 industrial … sectors. It also provides an overview of some of the available evidence on cross-country productivity differences in the … service sector. The paper uses industry-specific conversion factors to calculate productivity levels, based on available …
Persistent link: https://www.econbiz.de/10012445585
This report contains a new set of results on the levels of real per capita GDP and its main components in OECD countries in 1980, with estimates for later years upto 1984. Real per capita GDP is obtained by valuing the goods and services in different countries at a fixed set of prices, namely,...
Persistent link: https://www.econbiz.de/10012446783