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In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP) - allowing for changes in the composition of fixed...
Persistent link: https://www.econbiz.de/10005045776
on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign …-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to …
Persistent link: https://www.econbiz.de/10005046110
This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical...
Persistent link: https://www.econbiz.de/10005049024