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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...
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This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations. The starting point is the definition of MFP used in previous work in the OECD’s Economics Department (e.g. Johansson et al....
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empirical analysis exploits variation in licensing regulation across states and industries and constructs indicators for both … the share of employment subject to licensing (the extensive margin) and the strictness of regulation (the intensive margin … with more extensive and stricter licensing regulation. The results from the analysis of earnings are generally mixed and …
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The United Kingdom has been among the most affected OECD economies by the COVID-19 crisis, reflecting the high share of services in output and its integration in the world economy. Productivity growth in the United Kingdom has consistently underperformed relative to expectations and was more...
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