Purpose: The purpose of this paper was to measure the efficiency of resource utilization across OECD countries aiming to verify that higher levels of competitiveness enhance the production capacity – the maximum possible output of an economy in a given period with the available resources....

Purpose: Recent studies have linked differences in aggregate productivity to misallocation of resources across firms. In contrast, the purpose of this paper is to study the macroeconomic performance of OECD economies from a production efficiency point of view and estimated the determinants of...

This paper examines the probability of receiving job-related formal training and the returns to on-the-job training in Europe using a sample containing personal, educational, and firm characteristics. The results show that certain occupations, such as managers and professionals, receive more...