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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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Is There Convergence of Russia's Regions?: Exploring the Empirical Evidence: 1995–2010
Lehmann, Hartmut; Silvagni, Maria Giulia - Economics Department, Organisation de Coopération et … - 2013
This paper analyses convergence in per capita gross regional product of Russia’s regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10011276828
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Enhancing Income Convergence in Central Europe after EU Accession
Lenain, Patrick; Rawdanowicz, Łukasz - Economics Department, Organisation de Coopération et … - 2004
. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is … in this respect. While ... Renforcer la convergence des revenus en Europe Centrale après les adhesions à l … leur ont été très profitables. Même si la convergence vers des niveaux de revenu plus élevés semble une perspective …
Persistent link: https://www.econbiz.de/10005045850
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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 economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country...
Persistent link: https://www.econbiz.de/10012443085
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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-Term Growth Scenarios
Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2013
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
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
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 convergence to its long-run steady state level of MFP is an increasing function … and carefully-designed innovation policies.<P>Capital managérial et R-D des entreprises, moteurs de la convergence de la …
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
<BR>Cet article développe et applique un cadre d’analyse simple fondé sur la « convergence conditionnelle » pour produire des …
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
and significant.<P>Régulation, concurrence et convergence de la productivité<BR>Cette étude analyse les effets de la …
Persistent link: https://www.econbiz.de/10005046117
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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