Showing 1 - 10 of 45
This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...
Persistent link: https://www.econbiz.de/10011258610
We use panel data for fourteen Indian states to assess the influence of public infrastructure on industrial activity, namely productivity, employment, real wages and investment, at the state level and over the period 1974-1998. Our results indicate that the length of national highways has on...
Persistent link: https://www.econbiz.de/10005621498
ICT could help the New Member States catch up with EU-15 in economic terms. The report documents the potential of ICT for improved productivity performance in the Central and Eastern Europe countries (CEE) at the macro and industry level, in relation to the EU-15 and the US.
Persistent link: https://www.econbiz.de/10008869287
convergence during the 1990s. In a few CEER countries, notably the Czech Republic and Hungary, ICT production contributed more to … considerably lower than in the U.S.. The paper argues that the convergence process between CEER countries and the EU-15 is … characterized by two phases. In the first “restructuring” phase, convergence has been driven by enterprise restructuring in …
Persistent link: https://www.econbiz.de/10008869296
wage convergence, defined this way, has no theoretical underpinnings. According to the experience of less developed EU … members that joined the union in the 1970s and 1980s, the so called cohesion countries, even after accession, wage convergence … competitiveness of Hungarian products. The article draws up possible convergence scenarios for the Hungarian wages. It turns out that …
Persistent link: https://www.econbiz.de/10011110057
This paper examines, through the use of plant-level data, whether R&D’s productivity impact is contingent on the distance of a plant’s productivity from the industry’s technological frontier. R&D is specified as an accumulated stock from R&D investments. We analyse the productivity effect...
Persistent link: https://www.econbiz.de/10005789994
Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze …
Persistent link: https://www.econbiz.de/10005040714
In this paper we shed lights on the economic growth of Mezzogiorno of Italy during the last twenty years. The empirical analyses refer to various aspects of the Mezzogiorno economy: income per capita, labor productivity, public and private accumulation and competitiveness. The main contribution...
Persistent link: https://www.econbiz.de/10009370826
We use panel data for nine industries to evaluate research and development (R&D) investments in New Zealand over the past forty years. We estimate the impact of R&D stocks in a particular industry on output per person in that industry and on output per person in the rest of the economy. We...
Persistent link: https://www.econbiz.de/10005787232
Using sectoral growth accounting techniques from a structural perspective à la Lewis, the paper analyzes the structural determinants of labour productivity in Asia and Latin America, indicating a contrasted situation between both developing regions. While Asia appears to be engaged in a...
Persistent link: https://www.econbiz.de/10005260105