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This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of … with less investment (lower capital stock). The paper also sheds light on the existence of non-linear effects of product … and labour market regulation on the capital stock. Several alternative testing methods show that the negative influence of …
Persistent link: https://www.econbiz.de/10011638226
Aggregate business investment is a major driver of long-term economic growth. It has been weak in many advanced … policies interact with and have an effect on business investment. This paper provides a survey of the literature on the main … policy drivers of business investment such as finance (including bank and market finance, venture capital and the debt bias …
Persistent link: https://www.econbiz.de/10012543533
Persistent link: https://www.econbiz.de/10012041301
This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of … with less investment (lower capital stock). The paper also sheds light on the existence of non-linear effects of product … and labour market regulation on the capital stock. Several alternative testing methods show that the negative influence of …
Persistent link: https://www.econbiz.de/10011657136
observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10011638280
. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic … outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital …
Persistent link: https://www.econbiz.de/10011800715
Persistent link: https://www.econbiz.de/10011738958
Persistent link: https://www.econbiz.de/10012240494
This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes. It overviews i.) insights obtained for the linear relationships linking policies and economic outcomes (including multi-factor productivity, capital deepening and employment) for...
Persistent link: https://www.econbiz.de/10012388225
Aggregate business investment is a major driver of long-term economic growth. It has been weak in many advanced … policies interact with and have an effect on business investment. This paper provides a survey of the literature on the main … policy drivers of business investment such as finance (including bank and market finance, venture capital and the debt bias …
Persistent link: https://www.econbiz.de/10012599223