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  • 1
    Online Resource
    Online Resource
    Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? : Panel Data Evidence for OECD Countries (2010)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 59 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.791
    Keywords: Economics
    Abstract: Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which the effects of upstream competition vary with distance to frontier on a panel of 15 OECD countries and 20 sectors over 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close to the productivity frontier.
    DOI: 10.1787/5kmbm6s9kbkf-en
    URL: Volltext
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  • 2
    Online Resource
    Online Resource
    Product Market Regulation : Extending the Analysis Beyond OECD Countries (2010)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 51 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.799
    Keywords: Economics
    Abstract: In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries including several non-OECD members. It investigates regulatory patterns in this extended set of countries as compared to the OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of competition in non-member countries than in the OECD area. However, there exists considerable heterogeneity within this country grouping as concerns the level of the regulatory stance and its composition as well as the potential past evolution of regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is conducive to growth. An improvement of ½ index points of barriers to entrepreneurship would translate into approximately a 0.4% higher average annual rate of GDP per capita growth. However, the results also suggest that for countries that are less advanced, the potential growth benefits of enhancing product market competition may be impaired by other structural weaknesses. In particular, some restrictions of foreign trade and investment might be beneficial for growth in early stages of development.
    DOI: 10.1787/5km68g3d1xzn-en
    URL: Volltext
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  • 3
    Online Resource
    Online Resource
    Long-term growth scenarios (2013)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 1000
    Keywords: Wirtschaftswachstum ; Wirtschaftsprognose ; OECD-Staaten ; Welt ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow substantially over coming decades. In parallel, the next 50 years will see major changes in the composition of the world economy. In the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of major disruptions to growth by mitigating global imbalances.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k4ddxpr2fmr-en
    URL: Volltext
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  • 4
    Online Resource
    Online Resource
    A Framework for Assessing Green Growth Policies (2010)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 71 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.774
    Keywords: Economics
    Abstract: This paper proposes an analytical framework for assessing policies that will contribute to a better integration of environmental externalities in the pursuit of economic efficiency and growth objectives. The framework consists of two parts. The first part lays out principles and criteria for the identification and selection of policies that will benefit both income and the environment or that will boost income at the least cost in terms of the environment (and vice-versa). In general putting a price on a pollution source or on the over-exploitation of a scarce resource is found to be the most efficient single policy to address many environment externalities. However, given that environmental damage often result from several interacting market failures, an appropriate policy response will in many cases involve a mix of complementary instruments. The second part focuses more on issues of structural adjustment related to the transition towards a greener economy. It finds that green growth policies could lead to significant re-allocation of resources within and across broad economic sectors. A policy framework facilitating the re-deployment of labour across firms and sectors, as well as the entry of new firms and the exit of firms in declining industries will thus be important in order for countries to seize the opportunities brought about by green growth policies.
    DOI: 10.1787/5kmfj2xvcmkf-en
    URL: Volltext
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  • 5
    Online Resource
    Online Resource
    Horizon 2060 : Perspectives de croissance économique globale à long terme : Un rapport "Objectif croissance" (2012)
    Paris : OECD Publishing
    Details
    Language: French
    Pages: 1 Online-Ressource (31 p.) , 21 x 29.7cm.
    Parallel Title: Parallele Sprachausgabe Looking to 2060: Long-Term Global Growth Prospects: A Going for Growth Report
    Keywords: Economics
    Abstract: Cette étude présente les résultats d’un nouveau modèle de prévision de la croissance économique des pays de l’OCDE et des principaux pays hors OCDE sur un horizon de 50 ans, ainsi que des déséquilibres globaux. Un scénario de référence tablant sur des réformes structurelles progressives et un assainissement budgétaire suffisant pour stabiliser les ratios dette publique/PIB est comparé à d'autres scénarios comprenant des réformes plus profondes des politiques publiques. Une des conclusions principales de cet exercice est que la croissance des pays du G20 non membres de l’OCDE continuera de dépasser celle des pays membres, mais que la différence s’amenuisera au cours des prochaines décennies. Parallèlement, les 50 prochaines années verront des changements majeurs dans la composition de l’économie mondiale. Faute de réforme ambitieuse des politiques publiques, des déséquilibres globaux dangereux pour la croissance apparaîtront. Cependant, un assainissement plus poussé des finances publiques et des réformes structurelles énergiques pourraient à la fois relever les niveaux de vie et réduire les risques de déraillement majeur de la croissance en réduisant les déséquilibres globaux.
    DOI: 10.1787/5k8zngscq3kf-fr
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  • 6
    Online Resource
    Online Resource
    Looking to 2060 : long-term global growth prospects ; a going for growth report (2012)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD economic policy papers 3
    Keywords: -2060 ; Wirtschaftswachstum ; Wirtschaftsprognose ; Wirtschaftliche Anpassung ; Haushaltskonsolidierung ; Welt ; OECD-Staaten ; Economics ; Arbeitspapier ; Graue Literatur
    Abstract: This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow substantially over coming decades. In parallel, the next 50 years will see major changes in the composition of the world economy. In the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of major disruptions to growth by mitigating global imbalances.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k8zxpjsggf0-en
    URL: Volltext
    URL: lizenzpflichtig
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  • 7
    Online Resource
    Online Resource
    Policy challenges for the next 50 years (2014)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (67 S.) , graph. Darst.
    Series Statement: OECD economic policy papers 9
    Keywords: Klimawandel ; Umweltbelastung ; Einwanderung ; Haushaltskonsolidierung ; Einkommensverteilung ; Technischer Fortschritt ; Internationale Wirtschaft ; Wirtschaftliche Anpassung ; Koordination ; Bildungschancen ; Hochschule ; Wirtschaftswachstum ; Welt ; Economics ; Arbeitspapier ; Graue Literatur
    Abstract: 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 dependent on knowledge and technology, while the economic costs of environmental damages will mount. The rising economic importance of knowledge will tend to raise returns to skills, likely leading to further increases in earning inequalities within countries. While increases in pre-tax earnings do not automatically transform into rising income inequality, the ability of governments to cushion this impact may be limited, as rising trade integration and consequent rising mobility of tax bases combined with substantial fiscal pressures may hamper such efforts. The paper discusses to what extent national structural policies can address these and other interlinked challenges, but also points to the growing need for international coordination and cooperation to deal with these issues over the coming 50 years.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5jz18gs5fckf-en
    URL: Volltext
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