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This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions....
Persistent link: https://www.econbiz.de/10011914264
This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries. It presents the overall macroeconomic impacts of reforms by aggregating over the effects on physical capital, employment and productivity...
Persistent link: https://www.econbiz.de/10011700060
through the channel of higher capital intensity. Overall regional investment ratios appear weakly linked to regional … productivity, but the sectoral composition of regions and their type of investment are more important determinants. Each region has …. The type of investment matters: boosting research and development in the manufacturing sector in some lagging regions …
Persistent link: https://www.econbiz.de/10011823608