Showing 1 - 10 of 93
Traditional measures of multi-factor productivity (MFP) growth generally do not recognise natural capital as inputs … into the production process. Since productivity growth is measured as the residual between output and input growth, it will … understanding of the role of natural capital for productivity measurement and as a source of economic growth. To this aim, aggregate …
Persistent link: https://www.econbiz.de/10011276930
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the...
Persistent link: https://www.econbiz.de/10009195420
profitability and productivity that can outweigh the costs of the policy. This paper reviews the empirical evidence on the link … between environmental policy stringency and productivity growth, and the various channels through which such effects can take …
Persistent link: https://www.econbiz.de/10011276877
Danish productivity has grown only weakly over the past two decades, both historically and in relation to other … to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth …
Persistent link: https://www.econbiz.de/10011276893
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting … that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we … examine the extent to which regulations affecting product, labour and credit markets influence productivity, via their effect …
Persistent link: https://www.econbiz.de/10011276926
This paper explores the productivity impact of trade, product market and financial market policies over the last decade … investigating the link between these policies and productivity growth depending on how far incumbents are relative to the … the potential channels through which productivity is affected by reform. The key conclusion that can be derived from the …
Persistent link: https://www.econbiz.de/10011276928
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically …
Persistent link: https://www.econbiz.de/10011276949
This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on … micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. <I …>i</I>) Changes in productivity in individual firms at a given size (relative to market). And, <I>ii</I>) a reallocation process due …
Persistent link: https://www.econbiz.de/10005045691
generate substantial productivity improvements across EU member economies. Over a period of 10 years, the predicted increase in … labour productivity resulting from a bold reform package is around 10% for the average EU country, and new member States …
Persistent link: https://www.econbiz.de/10005046039