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establishment productivity and markups. The elimination of local barriers that were inconsistent with national legislation was the …. The paper finds that the elimination of subnational barriers to entry boosted the (revenue) productivity of establishments … raise the establishments' markups, which, if anything, declined, suggesting that physical productivity improved. The paper …
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This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth is likely to slow and become increasingly...
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There is a consensus that within the European Union, Germany is presently the country lagging farthest behind in terms of economic dynamics. Most researchers blame rising wages, welfare costs, and overregulated labour markets for this poor position. Some add that as a result of membership in the...
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In view of the risk of a slowdown in potential growth and the already extensive implementation of monetary and fiscal stabilisation policies following the financial crisis, the structural policies that are likely to boost growth are at the heart of economic policy debates.
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