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This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...
Persistent link: https://www.econbiz.de/10011823646
policies to cross-country differences in productivity, innovation and resource allocation. This paper describes the steps taken … to and the trade-offs involved in constructing firm-level total factor productivity (TFP) measures using ORBIS, a cross … productivity measures can be calculated using readily available variables for all countries, and presents possible solutions to …
Persistent link: https://www.econbiz.de/10009767749
inter-related sources of labour productivity weakness: the survival of “zombie” firms (firms that would typically exit in a … misallocation and the increasing survival of low productivity firms have contributed to the productivity slowdown. …
Persistent link: https://www.econbiz.de/10011700546
their interest payments – are stifling labour productivity performance. The results show that the prevalence of and … resources sunk in zombie firms have risen since the mid-2000s and that the increasing survival of these low productivity firms … productivity-enhancing capital reallocation. Besides limiting the expansion possibilities of healthy incumbent firms, market …
Persistent link: https://www.econbiz.de/10011700180
This paper examines how structural policies can influence a country's risk of suffering financial turmoil. Using a panel of 184 developed and emerging economies from 1970 to 2009, the empirical analysis examines which structural policies can affect financial stability by either shaping the...
Persistent link: https://www.econbiz.de/10009691018
The rapid integration of emerging market economies (EMEs) into world trade over the past three decades has raised widespread concerns about the effects this is having on trade-exposed sectors in advanced OECD countries. An analysis of international trade patterns of over 4000 products between...
Persistent link: https://www.econbiz.de/10011995793
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …
Persistent link: https://www.econbiz.de/10009696511
measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples …
Persistent link: https://www.econbiz.de/10012202839
Persistent link: https://www.econbiz.de/10009569035
potential effects of fiscal decentralisation on a set of outcomes such as GDP, productivity, public investment and school …
Persistent link: https://www.econbiz.de/10009767747