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In the paper, we argue that trust is the missing link relating education, institutions, and economic development. We argue that increased trust both increases education and improves legal and bureaucratic institutions, which in turn spurs economic development. We substantiate this intuition with...
Persistent link: https://www.econbiz.de/10010968984
Over the last few years, a large body of literature has shown that the level of information and communications technology (ICT) diffusion, and, as a result, the favorable effects of this diffusion on productivity, differ greatly between the major advanced countries, with the United States the...
Persistent link: https://www.econbiz.de/10005481847
This paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10004979467
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of the information and communications technology sector to...
Persistent link: https://www.econbiz.de/10005650233
This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa-based Centre for the Study of Living Standards (CSLS). The objective of the Monitor is to focus atttention on the importance of productivity for improving living standards and quality of...
Persistent link: https://www.econbiz.de/10005650237
The fourth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains five articles. Topics covered are: recent productivity developments in the United States and Canada and implications for the Canada-U.S. productivity and income gaps; the...
Persistent link: https://www.econbiz.de/10005650247
Cette étude s’inscrit dans la littérature récente sur les déterminants de la croissance selon la position des pays par rapport à la frontière technologique. Outre les effets additifs de l’éducation et des régulations sur les marchés des biens et du travail, elle explore une possible...
Persistent link: https://www.econbiz.de/10008924677
This article by Edward N. Wolff of New York University examines trends in convergence in OECD countries toward U.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in investment, education, and R&D in OECD countries...
Persistent link: https://www.econbiz.de/10005518976
the generalised method of moments (GMM). The following findings are established. First, mobile phone and internet each …
Persistent link: https://www.econbiz.de/10012060740
Research indicates that education quality - measured by test scores in international student surveys - predicts economic growth. In this paper, we extend previous findings up to 2016 and analyse test scores of upper-secondary school students only. We find that the positive relationship between...
Persistent link: https://www.econbiz.de/10012703460