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Services employ an ever-increasing share of workers in all OECD countries. This trend is likely to continue as it reflects deep structural forces, such as increasing consumption of services with rising incomes and population ageing and the growing role of intangible assets. Services are very...
Persistent link: https://www.econbiz.de/10011995802
This paper assesses how the adoption of a range of digital technologies affects firm productivity. It combines cross-country firm-level data on productivity and industry-level data on digital technology adoption in an empirical framework that accounts for firm heterogeneity. The results provide...
Persistent link: https://www.econbiz.de/10011995804
Persistent link: https://www.econbiz.de/10012124430
The Long-term Agricultural Outlook model (LAO) is a long-run partial equilibrium trade model developed by the OECD as a complementary modelling tool to AGLINK-COSIMO, a more detailed partial equilibrium model used to develop ten-year projections for agricultural markets, as reported in the...
Persistent link: https://www.econbiz.de/10012033737
Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax...
Persistent link: https://www.econbiz.de/10011392836
Improving education and skills is the linchpin to reduce income inequality and boost productivity growth. This paper argues that to improve, and make better use of, the skills of the labour force, Chile could gain a lot from a comprehensive and consistent Skills Strategy along three pillars:...
Persistent link: https://www.econbiz.de/10011577712
from the labour-efficiency gap. The current paper investigates a modification to the standard OECD production function … efficiency. The additional adjustment helps to reduce the occurrence of large end-point revisions and of sign switches between … the initial and final estimates of the labour-efficiency gap. The variables which are most often found to be useful in …
Persistent link: https://www.econbiz.de/10011577728
The OECD framework for estimating potential output is combined with previous OECD empirical research to analyse the causes of recent weak productivity growth. Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor...
Persistent link: https://www.econbiz.de/10011577778
GDP per capita in Lithuania rose from one third to two thirds of the OECD average level between 1995 and 2014, despite internal and external crises. Productivity catch-up was critical to this process, although the level of labour productivity also remains around one-third below the OECD average....
Persistent link: https://www.econbiz.de/10011577800
orderly exit of failing firms, the efficiency of insolvency regimes emerges as particularly crucial. Thus, the paper analyses …
Persistent link: https://www.econbiz.de/10011577810