The paper analyses the impact of knowledge spillovers on output per worker at the industry level using a primal production function approach. The paper make three different contributions in the international spillovers literature: first identifies trade related spillovers under alternative...

The paper looks for non-linearities in the relationship between fiscal consolidation and capital intensity (capital per worker). To understand this nexus, we consider the broader state of the economy as it is represented by the degree of economic uncertainty. Based on a sample of 27 OECD...

Departing from the expansionary austerity literature, this study assesses empirically whether fiscal consolidation propagates changes in the supply side of the economy that can potentially influence total factor productivity (TFP). Using a panel dataset of 26 OECD countries over the period...