Showing 1 - 10 of 687
This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...
Persistent link: https://www.econbiz.de/10010294897
Can green growth policies help protect the environment while keeping the industry growing and infrastructure expanding? This study applies Auto-Regressive Distributed Lag (ARDL) method on the 50-years' time series data, from 1967 to 2015, of Kitakyushu City, Japan, and found mixed evidence for...
Persistent link: https://www.econbiz.de/10012865070
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …
Persistent link: https://www.econbiz.de/10010285349
We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these are the same across countries. We find that we cannot reject this hypothesis for the first and last three decades of the 20th century. We conclude that: (i) there are few, if...
Persistent link: https://www.econbiz.de/10010318375
-term rate of productivity growth, but the effect depends critically on a country's level of financial development. For countries …
Persistent link: https://www.econbiz.de/10011430059
common specification, and common estimation methods, we argue that the contradictory findings can be explained by the fact …
Persistent link: https://www.econbiz.de/10011430062
The econometric consensus on the effects of social spending confirms a puzzle we confront in the raw data: There is no clear net GDP cost of high tax-based social spending on GDP, despite a tradition of assuming that such costs are large. This paper offers five keys to this free lunch puzzle....
Persistent link: https://www.econbiz.de/10010318616
This paper shows that in ation in industrialized countries is largely a global phenomenon. First, the inflation rates of 22 OECD countries have a common factor that alone accounts for nearly 70 percent of their variance. This large variance share that is associated with Global Inflation is not...
Persistent link: https://www.econbiz.de/10010292130