Sélectionner | Date Date | Titre Titre | |||
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No. 280 | 21 Mar 2001 |
Contributions of Financial Systems to Growth in OECD Countries
The recent period of sustained high growth in the United States has drawn attention to its financial system and the efficiency with which it seems to be able to channel funds to new productive investment projects, particularly in hi-tech industries.... |
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No. 279 | 26 Jan 2001 |
House Prices and Economic Activity
This paper reviews the role of house prices in influencing private consumption and residential investment in OECD countries. Deregulation of the mortgage markets in most OECD countries since the 1970s has made it easier for households to borrow for... |
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No. 278 | 26 Jan 2001 |
Encouraging Environmentally Sustainable Growth in the United States
This paper analyses aspects of US environmental policy, including, among others, policy on air and water quality, water supply in certain areas, climate change and greenhouse gas emissions. Particular attention is paid to certain policies in... |
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No. 277 | 25 Jan 2001 |
Encouraging Environmentally Sustainable Growth in Denmark
This paper analyses aspects of environmental policy in Denmark, including, among others, policy on surface water quality, clean air and support for renewable energy, waste disposal and transport policy. Environmental policies are an important... |
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No. 276 | 31 Jan 2001 |
Making Growth More Environmentally Sustainable in Germany
This document analyses German environmental policies, including, among others, discussion of air and water quality policy, use of the waste management hierarchy approach and of voluntary agreements. The German public has been highly sensitive to... |
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No. 275 | 10 Jan 2001 |
Central Control of Regional Budget
Motivated by the recent experience in the Russian Federation, this paper examines the implications of imposing central control on the budgetary activities of a subnational government. In a highly stylised multi-task principal-agent model (Holmstrom... |
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No. 274 | 19 Dec 2000 |
A Post-Mortem on Economic Outlook Projections
This paper reviews the accuracy of the OECD Economic Outlook projections — both “current year” and “year ahead” — for output growth, inflation and current account balances (as a percentage of GDP) for the major seven countries, as well as projections... |
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No. 273 | 21 Dec 2000 |
Fixed Cost, Imperfect Competition and Bias in Technology Measurement
In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates... |
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No. 272 | 13 Dec 2000 |
Entry, Exit, and Aggregate Productivity Growth
Using plant level panel data on Korean manufacturing during the 1990-98 period, this study tries to assess the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study are... |
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No. 271 | 06 Dec 2000 |
The Tax System in Korea
The tax burden in Korea is among the lowest in the OECD area, mainly reflecting that the social safety net is at an early stage of development. The low tax burden implies limited tax induced economic distortions but as expenditure pressures will... |
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No. 270 | 25 Oct 2000 |
A Multi-Gas Assessment of the Kyoto Protocol
The Kyoto Protocol covers emissions of a range of greenhouse gases. Yet, most attempts to quantify the economic impact of implementing the Protocol’s emission targets for the period 2008-12 have focused exclusively on CO2 emissions. This paper... |
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No. 269 | 27 Oct 2000 |
The Changing Health System in France
This paper reviews the performance of French health care system from an economic viewpoint. It also provides some policy recommendations. The health system in France is regarded as delivering high quality services, with freedom of choice and... |
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No. 268 | 12 Oct 2000 |
Inward Investment and Technical Progress in the UK Manufacturing Sector
This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a... |
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No. 267 | 12 Oct 2000 |
Aggregate Growth
This paper provides a synthesis of what is known about the determinants of output growth based on studying microeconomic data sets. It starts with a summary of the theoretical explanations which help reconcile heterogeneous performance observed... |
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No. 266 | 12 Oct 2000 |
Determinants of Long-Term Growth
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates... |
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No. 265 | 12 Oct 2000 |
The Great Reversals
We attempt to identify and explain the broad patterns of financial development in developed countries over the twentieth century. We find that, contrary to the predictions of most existing theories, indicators of financial development do not seem... |
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No. 264 | 12 Oct 2000 |
Trade and Growth
The relationships between trade and growth have long been a subject of considerable controversy among economists. In the early post-World War II period, many economic leaders concluded that protective trade policies stimulated growth, and import... |
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No. 263 | 12 Oct 2000 |
Growth Effects of Education and Social Capital in the OECD Countries
This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labour economics, to clarify... |
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No. 262 | 12 Oct 2000 |
Human Capital in Growth Regressions
We construct a revised version of the Barro and Lee (1996) data set for a sample of OECD countries using previously unexploited sources and following a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp... |
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No. 261 | 31 Oct 2000 |
Raising the Speed Limit
This paper examines the underpinnings of the successful performance of the US economy in the late 1990s. Relative to the early 1990s, output growth has accelerated by nearly two percentage points. We attribute this to rapid capital accumulation, a... |
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Documents de travail du Département des Affaires économiques de l'OCDE
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- https://doi.org/10.1787/18151973
1561 - 1580 of 1840 results
Contributions of Financial Systems to Growth in OECD Countries
Michael Leahy, Sebastian Schich, Gert Wehinger, Florian Pelgrin et Thorsteinn Thorgeirsson
21 Mar 2001
The recent period of sustained high growth in the United States has drawn attention to its financial system and the efficiency with which it seems to be able to channel funds to new productive investment projects, particularly in hi-tech industries....
House Prices and Economic Activity
Nathalie Girouard et Sveinbjörn Blöndal
26 Jan 2001
This paper reviews the role of house prices in influencing private consumption and residential investment in OECD countries. Deregulation of the mortgage markets in most OECD countries since the 1970s has made it easier for households to borrow for...
Encouraging Environmentally Sustainable Growth in the United States
Paul O’Brien
26 Jan 2001
This paper analyses aspects of US environmental policy, including, among others, policy on air and water quality, water supply in certain areas, climate change and greenhouse gas emissions. Particular attention is paid to certain policies in...
Encouraging Environmentally Sustainable Growth in Denmark
Paul O'Brien et Jens Høj
25 Jan 2001
This paper analyses aspects of environmental policy in Denmark, including, among others, policy on surface water quality, clean air and support for renewable energy, waste disposal and transport policy. Environmental policies are an important...
Making Growth More Environmentally Sustainable in Germany
Grant Kirkpatrick, Gernot Klepper et Robert Price
31 Jan 2001
This document analyses German environmental policies, including, among others, discussion of air and water quality policy, use of the waste management hierarchy approach and of voluntary agreements. The German public has been highly sensitive to...
Central Control of Regional Budget
John M. Litwack
10 Jan 2001
Motivated by the recent experience in the Russian Federation, this paper examines the implications of imposing central control on the budgetary activities of a subnational government. In a highly stylised multi-task principal-agent model (Holmstrom...
A Post-Mortem on Economic Outlook Projections
Vassiliki Koutsogeorgopoulou
19 Dec 2000
This paper reviews the accuracy of the OECD Economic Outlook projections — both “current year” and “year ahead” — for output growth, inflation and current account balances (as a percentage of GDP) for the major seven countries, as well as projections...
Fixed Cost, Imperfect Competition and Bias in Technology Measurement
Kiyohiko G. Nishimura et Masato Shirai
21 Dec 2000
In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates...
Entry, Exit, and Aggregate Productivity Growth
Chin Hee Hahn
13 Dec 2000
Using plant level panel data on Korean manufacturing during the 1990-98 period, this study tries to assess the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study are...
The Tax System in Korea
Thomas Dalsgaard
06 Dec 2000
The tax burden in Korea is among the lowest in the OECD area, mainly reflecting that the social safety net is at an early stage of development. The low tax burden implies limited tax induced economic distortions but as expenditure pressures will...
A Multi-Gas Assessment of the Kyoto Protocol
Jean-Marc Burniaux
25 Oct 2000
The Kyoto Protocol covers emissions of a range of greenhouse gases. Yet, most attempts to quantify the economic impact of implementing the Protocol’s emission targets for the period 2008-12 have focused exclusively on CO2 emissions. This paper...
The Changing Health System in France
Yutaka Imai, Stephane Jacobzone et Patrick Lenain
27 Oct 2000
This paper reviews the performance of French health care system from an economic viewpoint. It also provides some policy recommendations. The health system in France is regarded as delivering high quality services, with freedom of choice and...
Inward Investment and Technical Progress in the UK Manufacturing Sector
Florence Hubert et Nigel Pain
12 Oct 2000
This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a...
Aggregate Growth
John Haltiwanger
12 Oct 2000
This paper provides a synthesis of what is known about the determinants of output growth based on studying microeconomic data sets. It starts with a summary of the theoretical explanations which help reconcile heterogeneous performance observed...
Determinants of Long-Term Growth
Gernot Doppelhofer, Ronald I. Miller et Xavier Sala-i-Martin
12 Oct 2000
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates...
The Great Reversals
Raghuram G. Rajan et Luigi Zingales
12 Oct 2000
We attempt to identify and explain the broad patterns of financial development in developed countries over the twentieth century. We find that, contrary to the predictions of most existing theories, indicators of financial development do not seem...
Trade and Growth
Robert E. Baldwin
12 Oct 2000
The relationships between trade and growth have long been a subject of considerable controversy among economists. In the early post-World War II period, many economic leaders concluded that protective trade policies stimulated growth, and import...
Growth Effects of Education and Social Capital in the OECD Countries
Jonathan Temple
12 Oct 2000
This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labour economics, to clarify...
Human Capital in Growth Regressions
Angel de la Fuente et Rafael Donénech
12 Oct 2000
We construct a revised version of the Barro and Lee (1996) data set for a sample of OECD countries using previously unexploited sources and following a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp...
Raising the Speed Limit
Dale W. Jorgenson et Kevin J. Stiroh
31 Oct 2000
This paper examines the underpinnings of the successful performance of the US economy in the late 1990s. Relative to the early 1990s, output growth has accelerated by nearly two percentage points. We attribute this to rapid capital accumulation, a...