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This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...
Persistent link: https://www.econbiz.de/10011276785
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10008462847
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries … the current recession and longer-term growth. This can be achieved by increasing competition, especially in network …
Persistent link: https://www.econbiz.de/10008498021
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries … the current recession and longer-term growth. This can be achieved by increasing competition, especially in network …
Persistent link: https://www.econbiz.de/10012445738
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10012444731
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP … factor productivity and population growth assumptions is significant, however, and compounds with deeper sources of …
Persistent link: https://www.econbiz.de/10005046027
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis … investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … strengthen social welfare systems and access to health and education to ensure widespread benefits from continued high growth …
Persistent link: https://www.econbiz.de/10009191040
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to … improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close …
Persistent link: https://www.econbiz.de/10008560209
legislation could also raise productivity growth for a while in many OECD and non-OECD G20 countries, although the effects are …
Persistent link: https://www.econbiz.de/10008799707