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Existing evidence on the impact of foreign direct investment on domestic economies remains ambiguous. Positive technology spillovers of foreign investment may be outweighed by negative crowding out effect due to increased competition. In this paper, we employ a unique country/sector-level data...
Persistent link: https://www.econbiz.de/10011989261
, underdeveloped human capital and insufficient investment in innovation, R&D and knowledge-based capital. Progress along these … dimensions would strengthen Turkey’s backward and forward trade linkages and contribute to rebalancing its growth model. The …
Persistent link: https://www.econbiz.de/10011700153
financial support for encouraging business innovation relies mostly on an R&D tax incentive; raising additionality and reducing … further hinges upon a well-coordinated science, research and innovation system through a “whole-of-government” approach and … consolidating certain programmes. Reform initiatives underway, notably those in the National Innovation and Science Agenda, are …
Persistent link: https://www.econbiz.de/10011700393
leveraging and bolstering innovation in the selected priority areas (industries or technologies) in each region. The new … expertise currently missing in a region to upgrade its technological evolution. The reason for this is that new growth … Innovation endowments in FVG through enhancing the innovation-internationalisation nexus in order to improve competitiveness of …
Persistent link: https://www.econbiz.de/10012801200
growing role of intangible assets. Services are very diverse, but overall tend to have weaker productivity levels and growth … rates than manufacturing. As a result, the shift to services entails a moderate but persistent drag on productivity growth … requires adjusting policies to foster innovation and efficient use of new technologies, enhance competitive forces by reducing …
Persistent link: https://www.econbiz.de/10011995802
macroeconomic volatility. It uses several household-level databases to document how pro-growth reforms influence household …-level economic stability. Movement from less to more productive processes and firms is at the heart of economic growth, which … suggests a trade-off between growth and micro-level stability. Certain policy changes boost growth but increase micro …
Persistent link: https://www.econbiz.de/10011398837
This paper explores the link between skill and qualification mismatch and labour productivity using cross-country industry data for 19 OECD countries. Utilising mismatch indicators aggregated from micro-data sourced from the recent OECD Survey of Adult Skills (PIAAC), the main results suggest...
Persistent link: https://www.econbiz.de/10011399323
boosting growth. Poverty and inequality have increased despite policies to mitigate the social impacts of Greece’s deep … depression since 2009. Better social policies are needed to strengthen the social safety net and make growth more inclusive. Much …
Persistent link: https://www.econbiz.de/10011577744
which they shape aggregate productivity growth. A range of potentially relevant policies are identified, spanning insolvency …, with a view to facilitate further research on exit policies and productivity growth. …
Persistent link: https://www.econbiz.de/10011577810
This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and … certain public spending items (public investment and education) boost potential growth, while others (pensions and public … subsidies) lower potential growth. There is also evidence that too large governments reduce potential growth, unless the …
Persistent link: https://www.econbiz.de/10011578188