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Improving the fiscal framework to enhance growth in an era of fiscal consolidation in Slovakia

Klein, Caroline; Price, Robert W.; Wörgötter, Andreas - 2013

The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of high trend growth and underpinning a catch-up in living standards. While the recently...

Persistent link: https://www.econbiz.de/10009711240

Ageing and productivity growth in OECD regions : combatting the economic impact of ageing through productivity growth?

Daniele, Federica; Honiden, Taku; Lembcke, Alexander C. - 2019

OECD countries and their regions are ageing fast. In principle, the negative impact of ageing on the growth rate of per capita gross domestic product could be offset by increases in productivity. However, for many regions, productivity growth required to maintain per capita GDP levels constant...

Persistent link: https://www.econbiz.de/10012132889

Sustaining the economic expansion in New Zealand

Luu, Corinne - 2015

The NZ economy has performed well over the past few years, having achieved relatively strong GDP and employment growth. However, some constraints to sustaining this momentum beyond the short term are emerging in the fields of skills, housing and urban infrastructure. Skills shortages have risen...

Persistent link: https://www.econbiz.de/10011399572

Productivity convergence is anyone catching up?

Kindberg-Hanlon, Gene; Okou, Cedric - 2020

percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … rate of convergence remains low, with current growth differentials halving the productivity gap only after over 100 years …. Behind the low average pace of convergence lies considerable diversity among groups of countries converging toward different …

Persistent link: https://www.econbiz.de/10012297202

Unconditional convergence in manufacturing productivity across U.S. States : what the long-run data show

Klein, Alexander; Crafts, Nicholas - 2023

Persistent link: https://www.econbiz.de/10014280221

The UK productivity "puzzle" in an international comparative perspective

Fernald, John G.; Inklaar, Robert - 2022

Persistent link: https://www.econbiz.de/10013203095

The impact of structural and macroeconomic factors on regional growth

D'Costa, Sabine; Garcilazo, Enrique; Oliveira-Martins, … - 2013

This papers aims to understand the impact of nation-wide structural policies such as product market regulation in six upstream sectors and employment protection legislation and that of macroeconomic factors on the productivity growth of OECD regions. In particular we explore how this effect...

Persistent link: https://www.econbiz.de/10009767294

The regional development trap in Europe

Diemer, Andreas; Iammarino, Simona; Rodríguez-Pose, Andrés - 2022

Persistent link: https://www.econbiz.de/10013260223

Managerial capital and business R&D as enablers of productivity convergence

Andrews, Dan; Westmore, Ben - 2014

productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition … to trade openness, an economy’s speed of convergence to its long-run steady state level of MFP is an increasing function …

Persistent link: https://www.econbiz.de/10010465017

Structural development accounting

Gancia, Gino Alessandro; Müller, Andreas; Zilibotti, … - 2011

We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...

Persistent link: https://www.econbiz.de/10009739171