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investment and multi-factor productivity growth … their interest payments – are stifling labour productivity performance. The results show that the prevalence of and … resources sunk in zombie firms have risen since the mid-2000s and that the increasing survival of these low productivity firms …
Persistent link: https://www.econbiz.de/10011700180
-financial corporations induced by economic shock associated with the outbreak of COVID-19. Based on simple accounting models, it evaluates … investment, it examines the potential impact of higher debt levels on investment during the recovery. Against this background …
Persistent link: https://www.econbiz.de/10012421296
Spain has experienced a dramatic business cycle, starting with a large construction based boom followed by a long recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data from the Survey of Household Finances over the period...
Persistent link: https://www.econbiz.de/10012111075
Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically …
Persistent link: https://www.econbiz.de/10009690977
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/10010374405
inter-related sources of labour productivity weakness: the survival of “zombie” firms (firms that would typically exit in a … misallocation and the increasing survival of low productivity firms have contributed to the productivity slowdown. …
Persistent link: https://www.econbiz.de/10011700546
This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include … with an increase in productivity of around 7% in New Zealand. …
Persistent link: https://www.econbiz.de/10011700559
which they shape aggregate productivity growth. A range of potentially relevant policies are identified, spanning insolvency … environment regulations. These policies can directly shape aggregate productivity along the exit margin through a variety of … relevant for explaining cross-country differences in productivity. Finally, the paper proposes a strategy to obtain policy …
Persistent link: https://www.econbiz.de/10011577810
-factor productivity (MFP) growth, using new OECD indicators of the design of insolvency regimes. Firm-level analysis shows that reforms to … OECD countries and given evidence that stalling technological diffusion has contributed to the aggregate productivity …
Persistent link: https://www.econbiz.de/10011823606
to achieving a truly single market limit productivity growth of regions, including the most advanced. Reducing regulatory … barriers and better innovation policies would boost productivity. Effective intergovernmental coordination bodies and a well …
Persistent link: https://www.econbiz.de/10012111044