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  • MPI Ethno. Forsch.  (1,333)
  • Bayreuth UB
  • MFK München
  • Online Resource  (1,333)
  • 2005-2009  (861)
  • 2000-2004  (472)
  • 1945-1949
  • Paris : OECD Publishing  (1,321)
  • Santa Monica, Calif : Rand
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  • MPI Ethno. Forsch.  (1,333)
  • Bayreuth UB
  • MFK München
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  • Online Resource  (1,333)
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  • 1
    Language: French
    Pages: 1 Online-Ressource (54 p.)
    Parallel Title: Parallele Sprachausgabe The macroeconomic policy challenges of continued globalisation
    Keywords: Economics
    Abstract: Cet article étudie les défis de politiques économiques posés par la poursuite éventuelle au cours des deux prochaines décennies de l’intégration commerciale et financière internationales. Cette étude est fondée sur l’utilisation d’un modèle macroéconomique mondial récemment développé par l’OCDE. L’analyse conduit à plusieurs implications politiques importantes. Tout d’abord, avec une part croissante des économies non membres de l’OCDE dans la production mondiale, le commerce et les marchés financiers, les changements économiques mondiaux deviendront beaucoup plus dépendants de ceux de ces économies. Ensuite, la soutenabilité des déséquilibres mondiaux des comptes courants existants dépendra en partie de la construction et de la composition futures des avoirs et engagements internationaux. Alors que les déséquilibres devraient être soutenables un certain temps si l’intégration économique continue à ce rythme, un ralentissement du processus de mondialisation augmenterait la possibilité d’un ajustement brutal des marchés financiers. Enfin, l’accroissement des liens commerciaux et internationaux implique que les chocs macroéconomiques affectant un pays ou une région donnée auront dans le futur un impact plus fort sur les autres économies que maintenant. Les décideurs politiques des pays de l’OCDE devraient donc agir plus rapidement et plus fortement aux chocs économiques affectant les économies non membres de l’OCDE afin d’en limiter l’impact sur les économies membres.
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  • 2
    Language: French
    Pages: 1 Online-Ressource (30 p.)
    Parallel Title: Parallele Sprachausgabe The incidence of carbon pricing: Norway, Russia and the Middle East
    Keywords: Economics ; Norway ; Russian Federation
    Abstract: La Russie, la Norvège et les pays du Moyen-Orient sont trois régions du monde caractérisées par des héritages différents en matière de politiques énergétiques. Ces caractéristiques sont telles qu’elles rendent plus problématiques la mise en place de politiques de réduction des gaz à effet de serre en Russie, et dans les pays du Moyen-Orient, qu’en Norvège. Et ce, même si toutes trois sont des économies largement productrices d’énergie primaire. Par rapport au coût économique moyen d’une telle politique pour l’ensemble des pays du monde, la Russie sera durement touchée, le Moyen-Orient aussi, quoique dans une proportion moindre, la Norvège, en revanche, ne le sera guère plus que le reste du monde. Cette asymétrie souligne que si ces différences en termes d’impact sont mal appréhendées, alors des négociations internationales seraient sujettes à des marchandages sous informations asymétriques. Ces derniers pourraient alors empêcher d’aboutir à un accord global. Ce résultat n’est qu’une première illustration des efforts à fournir afin de surmonter de tels problèmes d’asymétries. Néanmoins certaines conclusions de cet article sont clairement explicites : en ce qui concerne le rythme des réformes des marchés de l’énergie en Russie, ou quant à la diversification des économies du Moyen Orient.
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  • 3
    Language: French
    Pages: 1 Online-Ressource (38 p.)
    Parallel Title: Parallele Sprachausgabe Globalisation and employment in the OECD
    Keywords: Economics
    Abstract: Nous examinons dans cet article certains des changements qui pourraient se produire sur les marchés nationaux du travail de nombreux pays de l’OCDE en raison de l’internationalisation de la production des entreprises multinationales, en mettant plus particulièrement l’accent sur l’impact des flux d’investissement direct étranger (IDE) en provenance des pays de l’OCDE sur l’emploi dans le pays d’origine des entreprises investisseuses. Les études existantes laissent à penser que l’effet global des échanges et de l’internationalisation de la production sur la situation d’ensemble du marché du travail a été relativement modeste, même si certaines catégories de qualifications et de professions ont été plus fortement touchées. Les résultats empiriques présentés dans cet article tendent à indiquer que l’impact global sur l’emploi des flux sortants d’IDE varie suivant les branches d’activité et les pays. En ce qui concerne les secteurs manufacturiers entretenant des liens commerciaux étroits avec les économies non membres de l’OCDE, certains éléments montrent que l’emploi intérieur est devenu plus sensible aux variations des coûts de main-d’œuvre dans le pays considéré. À l’échelon national, nous parvenons à la conclusion que la croissance de l’investissement à l’étranger exerce un effet positif significatif sur la croissance de l’emploi intérieur aux États-Unis. À l’inverse, on constate l’existence d’une relation négative au Japon, en particulier pour les flux d’IDE à destination de la Chine. Par Margit Molnar, Nigel Pain et Daria Taglioni.
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  • 4
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: French
    Pages: 1 Online-Ressource (28 p.)
    Parallel Title: Parallele Sprachausgabe Fiscal equalisation
    Keywords: Economics
    Abstract: La péréquation financière constitue un transfert de ressources budgétaires entre les autorités infranationales visant à compenser les disparités territoriales en termes de capacité fiscale ou de coût des services publics. Ce transfert représente 2.5 % du PIB ou 5 % de l’ensemble des dépenses publiques en moyenne pour l’ensemble des pays de l’OCDE. La péréquation permet de réduire de deux tiers en moyenne les disparités financières voire de virtuellement les combler entièrement dans certains pays. Cependant la péréquation ne va pas sans coût : en moyenne près de 70 % du revenu fiscal additionnel d’une autorité infranationale se trouve dédié à un fonds national de péréquation. Le taux de péréquation est en général plus élevé pour les collectivités territoriales disposant d’une faible capacité fiscale, ce qui limite leur effort fiscal et risque de ralentir la convergence économique entre les régions. La péréquation selon les coûts représente un pourcentage de PIB plus important que celle qui repose sur les revenus, et ce bien que les disparités soient moins élevées en termes de coût qu’en termes de revenus. Ce constat souligne les inefficacités des formules de péréquation. En particulier, la péréquation financière peut s’avérer pro-cyclique même si la plupart des pays parviennent à contenir les variations des engagements de dépense des collectivités territoriales, parfois même au prix de leurs besoins budgétaires. Les systèmes de péréquation financière sont en fait très marqués par les spécificités nationales, aussi les données comme les conclusions de l’analyse comparative doivent être prises avec précaution. Par Hansjörg Blöchliger et Claire Charbit
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  • 5
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 2, p. 9-32
    ISSN: 1995-283X
    Language: English
    Pages: 24 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 2, p. 9-32
    Keywords: Economics ; Ghana
    Abstract: Ghana’s agricultural sector has two faces. On the one hand, Ghana continues to face food security problems due to stagnating productivity in the food crop sector and undeveloped internal food markets. On the other hand, horticultural exports have been increasing and recent investments in cocoa and pineapple processing can been seen as signs of an emerging modern agricultural sector. The horticultural sector currently receives a lot of attention from donors and the Ghanaian government. The examination of several large donor projects in this sector reveals that donors are increasingly taking a value chain approach and trying to link smallholder farmers to exporters via outgrower schemes. Donors are also making an effort to connect their projects with other ongoing interventions. However, donor approaches vary according to donor preferences, and multi-donor programmes would probably be a better solution. While the current focus of donors and the Ghanaian government in the horticultural sector is welcome, it bears the risk of leaving the north of Ghana, where food crop production and poverty are concentrated, further behind. Food crops should receive more attention not only to resolve Ghana’s food security problem but also to take advantage of growing demand from Ghana’s middle-income class, which provides the opportunity for developing a local food industry.
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  • 6
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 1, p. 97-123
    ISSN: 1995-2899
    Language: English
    Pages: 27 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 97-123
    Keywords: Economics
    Abstract: According to the Commission recommendations, ISAE has recently restructured the methodological framework of its survey on firms operating in the Italian construction sector and in retail trade. The innovations specifically regard the sampling design and the weight system for both sectors; this last revision, in particular, allowed the reconstruction of the ISAE historical series. In the light of the changes introduced, first of all the aim of this paper is to analyze the cyclical features and to evaluate the "leading" performances of the new ISAE series with respect to the quantitative ISTAT data. Finally, we are going to build a "leading indicator" for both construction and retail trade in Italy. We first apply the NBER methodology in order to establish the main cyclical features of the series. Then we use cross-correlation analysis to estimate the extent to which the ISAE variables and the ISTAT series are correlated. Later on the Granger causality and out of sample tests were used to evaluate the forecasting performance of the ISAE series. On the basis of the results obtained, we finally build a leading indicator for both sectors, and test its performance comparing the results to those of the confidence index elaborated by ISAE.
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  • 7
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-30
    ISSN: 1995-2856
    Language: English
    Pages: 30 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-30
    Keywords: Economics
    Abstract: Influenced by the perceived link between higher levels of educational attainment and growth, the education sector has seen significant reform efforts in recent years in a number of countries. Public spending in this sector has increased on average by one-fifth in real terms over the past decade and growth in terms of spending per student has also been marked in many countries (Figure 1, upper panel); governments in the OECD area now spend on average around 3% of GDP on primary and secondary education. However, a close correspondence between the level of resources and educational outcomes is difficult to demonstrate empirically: cross-sectional evidence reveals only a weak correlation between national spending per student or teaching resources and mean pupil performance in standardised tests (Figure 1, lower panels). Extra resources devoted to education do not automatically lead to commensurate improvements in outcomes.
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  • 8
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 3, p. 53-127
    ISSN: 1995-283X
    Language: English
    Pages: 76 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 53-127
    Keywords: Economics
    Abstract: Research in a number of countries has shown that many people lack the ability to manage their money well. At the same time, the consequences, both to individuals and to society at large, of a failure by people to take adequate steps to safeguard their financial future are becoming increasingly serious.
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  • 9
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 2, p. 53-78
    ISSN: 1995-283X
    Language: English
    Pages: 26 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 2, p. 53-78
    Keywords: Economics ; Senegal
    Abstract: Senegal is a showcase of donors’ support to horticultural export development in sub-Saharan Africa. The first direct donor support to the Senegalese horticultural value chain dates back to 1998, with the World Bank-funded Agricultural Export Promotion Project (PPEA). Early recognition of the need to tackle the whole agricultural value chain, from inputs to production, processing and marketing, characterises donors’ support to the agricultural sector in Senegal. Facing declining traditional export sectors, groundnuts and fishing, Senegal has been undergoing a difficult transition process from traditional to commercial agriculture over the past decade. The 1994 devaluation of the CFA franc has benefited Senegal’s fruit and vegetables sub-sector, which presents the main hope of diversifying the country’s agricultural export structure. Consequently, the primary sector grew annually at an average 6.2 per cent between 2002 and 2005, which was much higher than real annual GDP growth. The chapter shows that aid to the agricultural sector has been proving positive in supporting the Senegalese government’s new sectoral development principle, the Accelerated Growth Strategy (SCA). Senegal has started to attract foreign investment in the export-oriented horticultural sector. Moreover, small and medium-sized horticultural producers and exporters, better organised and more empowered, have succeeded in increasing production and export volume, while simultaneously satisfying the stringent sanitary and phytosanitary requirements of the OECD markets. Today, Senegal’s agriculture faces challenges of expanding targeted products and markets. Donor assistance to Senegalese agriculture has evolved and donors are now applying a differentiated market approach for multiple private actors to work better with agricultural entrepreneurs. Strengthening Senegal’s agricultural potential and diversifying its agricultural production and export profile both horizontally and vertically are the long-term goals for both donors and the country.
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  • 10
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2009, no. 1, p. 19-41
    ISSN: 1995-2899
    Language: English
    Pages: 23 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 19-41
    Keywords: Economics ; Singapore
    Abstract: A dynamic factor model is applied to a large panel dataset of Singapore’s macroeconomic variables and global economic indicators with the initial objective of analysing business cycles in a small open economy. The empirical results suggest that four common factors – which can broadly be interpreted as world, regional, electronics and domestic economic cycles – capture a large proportion of the co-variation in the quarterly time series. The estimated factor model also explains well the observed fluctuations in real economic activity and price inflation, leading us to use it in forecasting Singapore’s business cycles. We find that the forecasts generated by the factors are generally more accurate than the predictions of univariate models and vector autoregressions that employ leading indicators.
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  • 11
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 1, p. 37-62
    ISSN: 1995-283X
    Language: English
    Pages: 27 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 37-62
    Keywords: Economics
    Abstract: It is now time to invest in Africa. The prospects are good. Africa is already attracting growing flows of private resources, as a result of its greater political stability and economic reforms. Significant new investors are now engaging in Africa, from within and outside the continent. Development assistance and debt relief alone will not be sufficient to achieve the Millennium Development Goals. Africa now needs more and sustainable investment, both domestic and foreign, in order to accelerate economic growth and progress in poverty reduction, and become better integrated into the global economy. We call for the fulfilment of commitments made at African and G8 Summits and other global fora, including support from development partners to help Africa mobilise more investment, and better focus on mobilisible domestic revenue sources and indigenous resources. Areas such as infrastructure, extractive industry, tourism, agribusiness and ICT are particularly important drivers of development, and require support from development partners.
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  • 12
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  Higher education management and policy Vol. 21, no. 3, p. 1-18
    ISSN: 1726-9822
    Language: English
    Pages: 18 p
    Titel der Quelle: Higher education management and policy
    Publ. der Quelle: Paris : OECD, 2002
    Angaben zur Quelle: Vol. 21, no. 3, p. 1-18
    Keywords: Education ; United States
    Abstract: There have been calls to increase the autonomy of higher education institutions in Europe for a number of years. They have been counterbalanced by demands for increasing accountability and a European quality assurance system. In London in 2007, the European ministers of education decided to implement a European register of accredited quality agencies, and defined standards for registration. Being part of the register requires “substantial compliance with all standards” instead of “full-compliance”. This might take into consideration the context of the national higher education system, the role of the agency in the quality assurance system, and even the national culture and traditions, allowing for different interpretations, some imprecision, and diverse degrees of flexibility and compliance. Indications from the United States suggest an emerging desire at the federal level to play a more visible role in regulating higher education through intervention in the accreditation system to ensure increased institutional accountability. This may have a parallel in the European situation. While in the United States the attempts at increased federal control have so far apparently failed, in Europe quality systems linked to higher education institutions were replaced with “independent” accrediting agencies. We analyse these changes and offer a possible interpretation for the differences on the two sides of the Atlantic. Accréditation supranationale, confiance et autonomie des établissements : Contrastes du développement de l’accréditation entre l’Europe et les États-Unis À l’échelon européen, certains soulignent depuis plusieurs années la nécessité de conférer une autonomie accrue aux établissements d’enseignement supérieur, alors même que d’autres exigent que ces derniers rendent davantage de comptes concernant leurs activités et leurs performances. À Londres en 2007, les ministres européens de l’éducation ont décidé la mise en place d’un registre européen où figureront les agences accréditées et où seront définies les normes auxquelles ces agences devront se plier pour être autorisées à y figurer. Les conditions à respecter pour pouvoir être inscrit au registre européen sont ainsi passées d’une « conformité totale à l’ensemble des normes » à une « large conformité ». L’interprétation de ces normes pourrait s’effectuer en tenant compte des spécificités propres à chaque système d’enseignement supérieur national, au rôle de chaque agence au sein du système d’assurance qualité, voire de la culture et des traditions nationales, laissant la voie ouverte à des divergences d’interprétation, à une certaine marge d’imprécision et à divers degrés de flexibilité et de conformité. Des indications provenant des États-Unis suggèrent l’émergence d’un souhait, au niveau fédéral, de jouer un rôle plus visible dans la régulation de l’enseignement supérieur, via l’intervention du système d’accréditation pour assurer un développement de la responsabilité institutionnelle. Cette tendance incite naturellement à établir un parallèle avec la situation observée en Europe. Tandis qu’aux États-Unis, les tentatives visant à renforcer le contrôle par les autorités fédérales semblent avoir échoué, en Europe, les systèmes de qualité liés aux établissements d’enseignement supérieur ont été remplacés par des agences d’accréditation « indépendantes ». Dans ce rapport, les auteurs proposent une analyse de ces changements et suggèrent une interprétation possible des différences existant des deux côtés de l’Atlantique.
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  • 13
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 2, p. 33-51
    ISSN: 1995-283X
    Language: English
    Pages: 19 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 2, p. 33-51
    Keywords: Economics ; Mali
    Abstract: The Malian economy faces the challenge of reducing its over-dependence on cotton and gold. In order to do so, a search for “green gold” — commercial agriculture beyond cotton — is underway. Mali has started to exploit export market opportunities for horticulture products in Europe as well as in neighbouring countries. Moreover, the country is currently testing the introduction of domestic wheat production for local processing. Although donors are increasingly supporting the development of these new agricultural products, the reform of the cotton sector continues to receive their special attention. Moreover, certain agricultural sub-sectors such as livestock and fishing receive only limited support. The development of a vibrant private sector in agriculture requires further improvements in government policies and donor support, but also more active private sector participation. The government should re-engage in agricultural diversification, and donors should strive to increase the sustainability of their interventions. To this end, greater co-ordination between donors and government is needed in tandem with strengthening the capacity of the local private actors. The study highlights progress towards better donor co-ordination in agriculture and encouraging results, especially with respect to facilitating access to credit for farmers and fostering producers’ organisations. At the same time, it argues that there remains ample room for improvement. Donors tend to crowd in certain segments of the agricultural value chain and to specialise in specific export crops (e.g. the mango sector where 12 donors are currently operating) at the expense of some other important areas, which require additional support (e.g. livestock, transport infrastructure and logistics). A more balanced and coherent approach is warranted.
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  • 14
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2009, no. 1, p. 1-12
    ISSN: 1995-2899
    Language: English
    Pages: 12 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-12
    Keywords: Economics ; Korea, Republic of
    Abstract: A business cycle is recognized as a growth cycle in a continuously growing economy such as Korea. This paper suggests reasonable dating rules for the reference date of a business cycle using various measures of a growth cycle. These measures are a cyclical component of the coincident composite index (CI), a coincident cumulative diffusion index, and a historical diffusion index with coincident component indicators. Dating rules include identifying turning points based on these measures of the growth cycle, and various approaches which confirm and review whether these turning points are appropriate for reference dates. And the dating rules are backed up by an administrative process to determine and disseminate these turning points as the reference dates of growth cycles in Korea. The process provides a strategy that gives authority to the released reference dates and minimises errorsin the dating. However, these dating rules have strict procedures to determine the reference date because the measures of a growth cycle are revised annually and their turning points could be affected by their revisions. Usually, a new reference date requires approximately three years before it is released officially. Due to the delayed dating strategy, the present and future business conditions need to be reviewed by detecting and forecasting models of the coming turning points with leading indexes and coincident indexes.
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  • 15
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-20
    ISSN: 1995-2856
    Language: English
    Pages: 20 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-20
    Keywords: Economics
    Abstract: Educational outcomes are shaped by a wide range of factors, including innate students’ characteristics, family and school background and other environmental factors. But a key-question for policy-makers is what schools and school policies can do to raise overall student performance. Several studies have indeed shown the positive effect of an increase in cognitive skills and competencies on both social and individual economic welfare. From a macroeconomic viewpoint, international differences in student achievement tests have been shown to increase long-run economic growth. Our analysis focuses on the quality of school systems, i.e. on the association of educational policies with average learning outcomes.
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  • 16
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    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 4, p. 7-63
    ISSN: 1995-283X
    Language: English
    Pages: 58 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 7-63
    Keywords: Economics
    Abstract: This study examines the role of trade and investment in technology transfer, the effects of competition in trade and investment on innovation, and economies of scale. It also examines global value chains as an organisational innovation in its own right, which is supported by a freer trade and investment environment. Keywords: innovation, multinational enterprises, MNEs, global value chains, technology transfer, competition, scale economies, licensing, intellectual property rights, TRIPs, absorption capacity, Doha Development Agenda.
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  • 17
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    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 4, p. 219-255
    ISSN: 1995-283X
    Language: English
    Pages: 38 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 219-255
    Keywords: Economics
    Abstract: This case study examines the effect of deregulation and trade reform on South Africa’s agriculture sector, which is highly dualistic consisting of a developed commercial sector and a subsistence farming sector. Deregulation and trade reform has led to substantial changes in innovation in the commercial agriculture sector, such as wine and fruit, leading to a large change in composition while innovation seems to have been more limited in subsistence agriculture, which lacks absorption capacity. Legal uncertainties related to land reform may also be a factor which can negatively affect innovation in the commercial farming sector. Keywords: innovation, deregulation, trade reform, South Africa, agriculture, wine, fruit, field crops, foreign investment, absorption capacity.
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  • 18
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-22
    ISSN: 1995-2856
    Language: English
    Pages: 22 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-22
    Keywords: Economics ; India
    Abstract: This article examines recent micro-evidence on the productivity of Indian firms, helping to explain why India’s manufacturing sector has not performed as well as many observers expected. A series of structural distortions are documented, all of which may depress the performance of manufacturing, and thus the economy as a whole. These distortions exist at multiple levels, and reflect long-standing problems with the reallocation of labour across sectors, the excessively small scale of firms, low firm turnover, poor product market integration, high industry concentration and persistent state ownership. Combined, these phenomena represent severe restraints on the level and growth of productivity in manufacturing, and suggest that much remains to be done to improve the strength and sustainability of India’s development path.
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  • 19
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 3, p. 217-305
    ISSN: 1995-283X
    Language: English
    Pages: 90 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 217-305
    Keywords: Economics
    Abstract: The growing cost and frequency of natural catastrophes and their implications for economic growth and development have led to a concern over the level of public awareness and education relative to large-scale catastrophes and disaster risk reduction measures. Public awareness and education of disaster risk reduction are, in particular, increasingly acknowledged as important components of effective risk management of natural catastrophes. The financial component of disaster risk management and mitigation strategies, involving risk transfer and compensation strategies, is also recognised as being important for reducing the financial impact of catastrophes on individuals, businesses, and governments, and permitting more rapid economic and social recovery. As such, systematic promotion of public awareness and education of risks and risk reduction measures, including financial loss-sharing and risk transfer tools, is an important aspect of national and international strategies to reduce vulnerability and losses from catastrophic events.
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  • 20
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 3, p. 9-51
    ISSN: 1995-283X
    Language: English
    Pages: 44 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 9-51
    Keywords: Economics
    Abstract: Policy makers in many countries are giving more attention to ‘financial literacy’ or ‘financial capability’, and there are many financial education programmes. The need to evaluate the effectiveness of these programmes is likely to increase. But little evaluation is currently taking place, and the evaluations made so far show mixed and inconclusive results. It is not clear whether this is a consequence of poor evaluation methods or poor programme design, or, that financial education works patchily. But it does mean that a positive impact from financial education has not been unambiguously proven; nor has a clear picture emerged of what works best and why. Evaluation of financial education is inherently difficult, and the impact of any one programme can probably never be fully isolated. Nevertheless, this paper suggests that evaluating the effectiveness of financial education can and should be improved. It begins to develop an approach to do so, including a Financial Education Evaluation (FEE) Framework which can be tailored for any programme in any country. This paper also suggests guidelines for governments and other public authorities to lead the way towards better evaluation of the benefits, costs and value for money of financial education.
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  • 21
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 2, p. 79-102
    ISSN: 1995-283X
    Language: English
    Pages: 24 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 2, p. 79-102
    Keywords: Economics ; Tanzania, United Republic of
    Abstract: Tanzania could be a major food-exporting country but its dependence on rainfall, poor transport and marketing infrastructures, as well as low access to technology, lead to persistent food security problems. The Tanzanian government has decided to focus its Agricultural Sector Development Programme (ASDP) on irrigation. However, even though the importance of irrigation to reduce Tanzania’s dependency on rainfall is undisputed, it would have been better to have a two-fold programme with one part focusing on production-related investments such as irrigation and the other fostering commercial agriculture and the private sector. While donor commitments to agriculture show a mixed trend, Tanzania is one of the few African countries with a basket fund in agriculture. The Tanzanian government aims to establish the ASDP as the sector programme to which all donor interventions should be aligned. First reviews of the ASDP reveal that capacity to implement the programme is lacking at all levels. A lot of capacity building and a change of mindset in Local Government Authorities (LGAs) are needed to make farmer empowerment and private sector involvement a reality. Furthermore, rural and agricultural development efforts should be better co-ordinated as both draw on the same limited capacities at the local level.
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  • 22
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 1, p. 37-61
    ISSN: 1995-2899
    Language: English
    Pages: 25 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 37-61
    Keywords: Economics ; Switzerland
    Abstract: Macroeconomic data are indispensable for modern governance, yet it is often unclear how reliable these data are. The production process of macroeconomic data inside the statistical offices is often not very transparent for the general public. Bystanders usually have no choice but to take for granted the published data because criteria by which to judge data quality are wanting. Hoping to contribute to a better understanding of the quality of macroeconomic data, this paper proposes several plausibility checks and applies them to recently published Swiss labour productivity growth figures. Although the proposed checks cannot "prove" or "disprove" the official data, they are capable of either strengthening our confidence in the official data or, alternatively, of casting them into doubt. Policy debates drawing on official data will hardly be able to ignore differences in the degree of confidence with which these data are held to be accurate.
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  • 23
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    Paris : OECD Publishing
    In:  Higher education management and policy Vol. 21, no. 2, p. 1-18
    ISSN: 1726-9822
    Language: English
    Pages: 18 p
    Titel der Quelle: Higher education management and policy
    Publ. der Quelle: Paris : OECD, 2002
    Angaben zur Quelle: Vol. 21, no. 2, p. 1-18
    Keywords: Education ; United States
    Abstract: Higher education in the United States has received much scrutiny in the recent past from the federal and state governments, the press and the general public. In response to this scrutiny, a number of blue ribbon panels have been formed to examine how effectively higher education is serving American society. In this article, I analyse the proceedings and impact of the most recent prominent panel, the Secretary of Education’s Commission on the Future of Higher Education, commonly known as the Spellings Commission. I also briefly examine how the new administration of President Barack Obama is likely to affect colleges and universities in light of the global economic crisis. Le contexte de la réforme de l’enseignement supérieur aux États-Unis Ces dernières années, le gouvernement fédéral, les États, la presse et l’opinion publique ont placé l’enseignement supérieur aux États-Unis au centre d’une attention toute particulière. En conséquence de cela, de nombreux groupes d’experts se sont formés pour étudier dans quelle mesure le système d’enseignement supérieur sert efficacement la société américaine. Cet article examinera les procédures et l’impact de la commission du ministre de l’Éducation sur le futur de l’enseignement supérieur, plus généralement dénommée la commission Spellings, qui constitue le plus important groupe d’experts récemment constitué. Nous étudierons ensuite brièvement dans quelle mesure la nouvelle administration du Président Barack Obama est susceptible d’affecter les universités dans un contexte marqué par la crise économique mondiale.
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  • 24
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 4, p. 189-218
    ISSN: 1995-283X
    Language: English
    Pages: 31 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 189-218
    Keywords: Economics ; New Zealand
    Abstract: This case study examines the effect of domestic reform including trade on New Zealand’s agriculture sector. Agricultural and trade reform has increased competition and brought substantial changes in innovation in the commercial agriculture sector, such as wine, fruit, livestock and dairy, which in turn has led to important changes in composition and an across the board increase in innovation and productivity. Keywords: innovation, agricultural reform, trade reform, New Zealand, agriculture, agricultural machinery, sheep, dairy, wine, horticulture, foreign investment.
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  • 25
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 4, p. 65-107
    ISSN: 1995-283X
    Language: English
    Pages: 44 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 65-107
    Keywords: Economics ; Finland
    Abstract: This case study examines how recent trade and investment patterns (including “trade in tasks” resulting from supply chain fragmentation) and Finnish and global policies that promote market openness and free trade have affected the innovation process in the Finnish mobile telecom equipment industry. It illustrates, first, how regulatory, trade and investment policy choices have helped, alongside other key policies, provide the adequate framework conditions for innovation in this country of 5.2 million people. Secondly, it examines how the private sector, and more particularly Nokia, has taken advantage of those conditions to enhance its innovation capacity. This case study does not constitute an in-depth evaluation of the effectiveness of Finnish public policies nor of Nokia’s business strategy, but provides an illustration of how certain public policy choices and business strategies can contribute to a country’s innovation performance. Keywords: Innovation, trade reform, intra-industry trade, foreign direct investment (FDI), deregulation, Finland, Nokia, telecom equipment industry, information and communication technologies (ICT), R&D investments, Information Technology Agreement.
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  • 26
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 1, p. 5-35
    ISSN: 1995-283X
    Language: English
    Pages: 32 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 5-35
    Keywords: Economics
    Abstract: Climate change is a major threat to sustainable growth and development in Africa, and the achievement of the Millennium Development Goals. Africa is particularly vulnerable to climate change because of its overdependence on rain-fed agriculture, compounded by factors such as widespread poverty and weak capacity. The main longer-term impacts include: changing rainfall patterns affecting agriculture and reducing food security; worsening water security; decreasing fish resources in large lakes due to rising temperature; shifting vectorborne diseases; rising sea level affecting low-lying coastal areas with large populations; and rising water stress.
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  • 27
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    In:  OECD journal: general papers Vol. 2009, no. 2, p. 103-131
    ISSN: 1995-283X
    Language: English
    Pages: 29 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 2, p. 103-131
    Keywords: Economics ; Zambia
    Abstract: Zambia has a huge agricultural potential, which is still largely untapped, and could play a key role in growth and poverty eradication. Since the early 2000s, the government has implemented important reforms to promote privatisation and trade reforms, leading to higher investment and a strong growth in export crops such as cotton and horticulture. Despite this success, agricultural productivity, especially for food crops, remains low. The study shows that public resources to the agricultural sector have drastically decreased since the early 1990s, while private sector providers have not stepped in to fill the void left by the government disengagement from input supply and marketing. Despite a strong government commitment to reverse this trend, budget figures show that the share in total allocations dropped again in the 2008 budget. The study also argues that evaluations of past donor interventions in agriculture are not very positive, especially in terms of their sustainability. Projects often paid little attention to local absorptive and implementing capacity, had too narrow a focus on production and food security, and lacked an adequate understanding of the socio-economic conditions and behaviour of the target groups. Lack of co-ordination resulted in duplications and insufficient scale. A new generation of donor projects emerged in the early 2000s, with a strong focus on commercialisation and the development of market linkages, especially via contract farming. These projects have borne good results in terms of production volumes, quality standards and access to international commodity chains, as well as farmers’ income. The key challenge for donors is to scale up these success cases and ensure sustainability. The implementation of the Joint Assistance Strategy for Zambia 2007-2010 is an opportunity to achieve a better division of labour, strengthen synergies on the ground and reduce transaction costs for government. Acknowledgements The Zambia
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  • 28
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    In:  Revue économique de l'OCDE Vol. 2008, no. 2, p. 125-140
    ISSN: 1684-3444
    Language: French
    Pages: 16 p
    Parallel Title: Parallelausg. National Legislative and Regulatory Activities
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2008, no. 2, p. 125-140
    Keywords: Nuclear Energy ; Belarus ; France ; Germany ; Hungary ; Indonesia ; Italy ; Montenegro ; Romania ; Russian Federation ; Ukraine ; United Kingdom ; United States
    Abstract: Allemagne Amendement à la Loi de 1986 relative aux mesures préventives destinées à protéger la population contre les dangers des rayonnements ionisants (2008) Règlement relatif au transport international ferroviaire des marchandises dangereuses (2008) Loi relative aux Protocoles de 2004 portant modification de la Convention de Paris et de la Convention complémentaire de Bruxelles ; Amendement à la Loi sur l’énergie atomique (2008) République Du Bélarus Loi relative à l’utilisation de l’énergie nucléaire (2008) États-Unis Stratégie de délivrance d’autorisation pour les centrales nucléaires de nouvelle génération (2008) Santé publique et normes environnementales de protection contre les rayonnements pour le site de Yucca Mountain, Nevada (2008) Ajustement de l’inflation sur la loi Price-Anderson (2008) France Guide de sûreté relative au stockage définitif des déchets radioactifs en formation géologique profonde (2008) Décret relatif aux procédures applicables au traitement des combustibles usés et des déchets radioactifs provenant de l’étranger (2008) Hongrie Stratégie cadre de la Politique énergétique 2007-2020 (2008) Indonésie Règlement sur la délivrance d’autorisations des usages de sources de rayonnements ionisants et de matières nucléaires (2008) Italie Mise en oeuvre de la loi relative aux dispositions urgentes pour le développement économique etc. (2008) Montenegro Loi sur l’environnement (2008) Cadre législatif et réglementaire au Monténégro Roumanie Décision relative à la structure de l’Agence nucléaire (2008) Décision relative à la sélection des investisseurs pour les unités 3 et 4 de la centrale nucléaire de Cernavoda (2008) Version consolidée de la Loi de Protection Civile (2008)Stratégie nationale de prévention des situations d’urgence (2008) Stratégie nationale pour le partage de l’information et la communication en cas de situation d’urgence (2008) Fédération De Russie Décret relatif à un transfert de responsabilités au Ministre des Ressources naturelles et de l’Écologie (2008) République Slovaque Transposition de la Directive du Conseil 2006/117/Euratom (2008) Royaume-Uni Nouveau Ministère de l’Énergie et du Changement Climatique (2008) Ukraine Décret instituant l’entreprise d’État « Combustible Nucléaire » (2008) Amendement à la loi sur la gestion des déchets radioactifs (2008)
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  • 29
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    In:  OECD journal: general papers Vol. 2008, no. 3, p. 307-345
    ISSN: 1995-283X
    Language: English
    Pages: 40 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 307-345
    Keywords: Economics
    Abstract: Financial consumers are facing paradoxical situations. On the one hand, they are overly solicited to use credits on various forms. On the other hand, segments of the population do not have access to credit. In this paper, we examine some emerging issues regarding consumer protection and information in four OECD countries: Australia, Canada, the United Kingdom and the United States. These four countries have much in common but nevertheless develop their own specific experience. By comparing their recent experience we identify some questions of emerging importance.
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  • 30
    Language: French
    Parallel Title: Parallele Sprachausgabe The contribution of economic geography to GDP per capita
    Keywords: Economics
    Abstract: Cet article examine dans quelle mesure la dispersion des performances économiques entre pays de l’OCDE peut être expliquée par la proximité de zones denses d’activités économiques. Pour ce faire, divers indicateurs de distance par rapport aux marchés et de coûts de transports sont ajoutés comme déterminants dans un modèle de Solow augmenté, utilisé comme référence. Diverses mesures de distance sont estimées avoir un effet significatif sur le PIB par habitant. De plus, l’impact économique estimé est loin d’être négligeable. L’éloignement par rapport aux marchés pourrait pénaliser l’Australie et la Nouvelle Zélande, par rapport à la moyenne des pays de l’OCDE, à hauteur de 11 % du PIB. A l’inverse, la Belgique et les Pays-Bas bénéficieraient de leur position centrale pour environ 6-7 % du PIB. Des premières indications suggèrent également que les dépenses en R-D et en capital humain peuvent avoir un effet plus fort sur le PIB par tête dans les pays ayant un fort degré de concentration urbaine.
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  • 31
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    In:  Revue économique de l'OCDE Vol. 2008, no. 2, p. 117-124
    ISSN: 1684-3444
    Language: French
    Pages: 8 p
    Parallel Title: Parallelausg. Case Law
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2008, no. 2, p. 117-124
    Keywords: Nuclear Energy ; Canada ; Germany ; United States
    Abstract: Allemagne Jugement de la Cour Administrative Fédérale relatif aux supposées « Biblis-obligations » (2008) Canada La Cour du Banc de la Reine du Nouveau-Brunswick refuse la divulgation en vertu de la loi sur le droit à l’information de la province d’une étude de faisabilité sur l’énergie nucléaire (2008) États-Unis Jugement de la Cour fédérale relatif à l’interprétation du « Standard Contract » du Département de l’Énergie américain (2008) Décision sommaire de la Cour d’Appel des États-Unis sur les demandes de révision des règlements de la Commission de la réglementation nucléaire (2008)
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  • 32
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    In:  OECD journal: general papers Vol. 2008, no. 3, p. 173-215
    ISSN: 1995-283X
    Language: English
    Pages: 44 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 173-215
    Keywords: Economics
    Abstract: Life annuities – financial products that help individuals convert a lump-sum of wealth into a guaranteed life-long income stream – have an important role to play in providing a secure source of retirement income. Because annuities provide valuable insurance against longevity risk, much of the theoretical work in economics suggests that life annuities ought to comprise a large share of the retirement portfolios of most households. Yet around the world, voluntary annuity markets remain small.
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  • 33
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    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 2, p. 161-181
    ISSN: 1995-2899
    Language: English
    Pages: 21 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 2, p. 161-181
    Keywords: Economics
    Abstract: This paper analyses revisions of Swiss current account data, taking into account the actual data revision process and the implied types of revisions. In addition we investigate whether the first release of current account data can be improved upon by the use of survey results as gathered by the KOF Swiss Economic Institute, ETH Zurich. An answer in the affirmative indicates that it is possible to improve first releases and thereby enhance the current assessment of the Swiss economy.
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  • 34
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    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 1, p. 9-36
    ISSN: 1995-2899
    Language: English
    Pages: 28 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 9-36
    Keywords: Economics
    Abstract: Finding a good forecasting model in a data-rich environment is a complex problem which challenges forecasters and statistical methods. In such an environment, automated modelling strategies are necessary for an efficient use of the information in the data. In contrast to frequently applied methods used for large data sets we propose a model selection approach for dynamic single equation regressions that are used to make forecasts. This paper proposes a new approach for quantitative forecasting that is able to deal with both an increasing number of variables that are potentially important for forecasting, as well as an increasing number of observations simultaneously. Another characteristic of the proposed approach is that evaluation of the goodness of forecast models is based on different criteria. As we are interested in finding forecast models with high-quality criteria we define the search for a forecast model as a multi-criteria optimization problem. We define the quality criteria in our goal function by in-sample measures and out-of-sample measures, as well as by a balance between them, and apply a genetic algorithm to solve this complex, global and discrete multi-criteria optimization problem. The efficiency of the approach is illustrated by forecasting German industrial production based on a data set containing key economic indicators and leading indicators. It is shown that, for short forecast horizons, the proposed approach provides forecasts with a high accuracy.
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  • 35
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    In:  OECD journal: general papers Vol. 2008, no. 4, p. 109-155
    ISSN: 1995-283X
    Language: English
    Pages: 48 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 109-155
    Keywords: Economics
    Abstract: This case study analyses the effect of trade and investment liberalisation on Korea’s information and communication technology (ICT) sector and finds that trade and investment have played a crucial role in innovation in this sector. In the initial stages of development, imported capital goods and components, joint ventures, licensing and Original Equipment Manufacturer (OEM) contracts were important sources of technology and exports were key to obtain the necessary economies of scale for innovation. Free trade and investment policies in the 1990s and stronger protection of intellectual property rights have led to an increase in R&D and innovation, which in turn has led to the transformation of Korea into a knowledge-based economy. Keywords: innovation, Korea, information and communication technology, ICT, trade reform, Samsung, production network, intellectual property rights, IPR protection, patents, ITA, Information Technology Agreement
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  • 36
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    In:  Revue économique de l'OCDE Vol. 2009, no. 1, p. 109-127
    ISSN: 1684-3444
    Language: French
    Pages: 19 p
    Parallel Title: Parallelausg. National Legislative and Regulatory Activities
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2009, no. 1, p. 109-127
    Keywords: Nuclear Energy ; Belgium ; Brazil ; France ; Ireland ; Japan ; Korea, Republic of ; Moldova, Republic of ; Romania ; Serbia ; Slovenia ; Switzerland ; Turkey ; United States
    Abstract: Le premier amendement modifie le financement des activités de l’Agence fédérale de contrôle nucléaire (AFCN) dans la mesure où une partie des frais de fonctionnement est transformée en ressource d’origine fiscale. En plus de ces ressources fiscales, des frais de fonctionnement et des amendes administratives, le financement peut s’opérer par le biais de donations, de legs et d’autres modes de financement.
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  • 37
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    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 1, p. 63-95
    ISSN: 1995-2899
    Language: English
    Pages: 33 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 63-95
    Keywords: Economics ; Euro Area
    Abstract: This paper uses several recent advances in time-varying spectral methods to analyse the growth cycles of the core of the euro area in terms of frequency content and phasing of cycles. There are two main findings. First that coherence and phasing between the three core members of the euro area (France, Germany and Italy) continue to differ, and that for France they increased in the 1990s but not noticeably since the launch of the euro. Second that similarities vary considerably according to the length of cycle. They are high for low frequencies but lower at traditional business cycle frequencies. Simply looking at business cycles loses much of the detail of the extent of co-movement in different frequency cycles within the euro area.
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  • 38
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    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 2, p. 139-160
    ISSN: 1995-2899
    Language: English
    Pages: 22 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 2, p. 139-160
    Keywords: Economics
    Abstract: Several factor-based models are estimated to investigate the role of country-specific trade and survey data in forecasting euro area manufacturing production. Following Boivin and Ng (2006), the emphasis is put on the choice of the dataset chosen to estimate the factors. Four datasets are built and common factors are estimated separately on each of them following two methodologies, Stock and Watson (2002a, 2002b) and Forni et al. (2005). Then, a rolling out of sample forecast comparison exercise is carried out on nine models to compare the forecast performance of the models and the datasets. Compared to univariate benchmarks, our results are supportive of factor-based models up to two quarters. They show that incorporating survey and external trade information improves the forecast of manufacturing production. They also confirm the findings of Marcellino, Stock and Watson (2003) that, using country information, it is possible to improve forecasts for the euro area. Interestingly, the medium-sized highly opened economies provide valuable information to monitor area wide developments, beyond their weight in the aggregate. Conversely, the large countries do not add much to the monitoring of the aggregate, when considered separately.
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  • 39
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    In:  OECD journal: general papers Vol. 2008, no. 4, p. 157-188
    ISSN: 1995-283X
    Language: English
    Pages: 33 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 4, p. 157-188
    Keywords: Economics ; Sri Lanka
    Abstract: This case study analyses the effect that the end of the Multi-Fibre Agreement (MFA) has had on innovation in the Sri Lankan textile and clothing sector. The ending of the quota system under the MFA led to an increase in the US and EU markets which has motivated a large number of innovations in the Sri Lankan textile and clothing sector. Some large companies have become a total services provider, while others are trying to establish their own brands. Product innovations with foreign partners, process innovations such as introduction of CAD/CAM, and various marketing and organisational innovations have been implemented. Keywords: innovation, textiles and clothing, garment, Sri Lanka, Multi-Fibre Agreement, MFA, competition , CSR, Corporate Social Responsibility, marketing, brands, fair-trade, outsourcing, FDI, joint-ventures
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  • 40
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2009, no. 1, p. 1-12
    ISSN: 1995-2899
    Language: English
    Pages: 12 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-12
    Keywords: Economics
    Abstract: The information content of qualitative survey responses are confronted with the corresponding quantitative figures on a firm-by-firm basis. This comparison permits to directly check the information content of the qualitative data. The findings indicate that survey respondents provide correct information, by and large. The results lend support to the Carlson-Parkin method and may pave the way towards improving variance estimates within this method.
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  • 41
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-29
    ISSN: 1995-2856
    Language: English
    Pages: 29 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-29
    Keywords: Economics
    Abstract: This study focuses on the single most important component of the private return on tertiary education, the gross wage premium. There are at least two additional reasons for paying particular attention to wage premia. First, the wage premium earned by existing graduates is easy to observe, so high-school leavers can be assumed to take it into account when deciding for or against enrolment in tertiary education. Second, to the extent that wages reflect marginal labour productivity, estimates of wage premia are sometimes used to assess the quality of human capital in an economy with a view to correcting simpler measures based on years of schooling or attainment levels.
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  • 42
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2008, no. 3, p. 131-171
    ISSN: 1995-283X
    Language: English
    Pages: 42 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 3, p. 131-171
    Keywords: Economics
    Abstract: The world’s allegedly shortest mail correspondence took place in 1862. The French author Victor Hugo had gone on vacation as his big novel Les miserable was published. But Hugo could not refrain himself from writing to the publisher to ask how it went. The letter read: « ? » and the publishers’ reply « ! ».
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  • 43
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-25
    ISSN: 1995-2856
    Language: English
    Pages: 25 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-25
    Keywords: Economics ; India
    Abstract: This paper assesses the extent to which India's regulatory environment promotes or inhibits competition in markets where technology and market conditions make competition viable. The analysis is based on the OECD’s indicators of Product Market Regulation (PMR) which have been used extensively over the last decade to benchmark regulatory frameworks in OECD countries and have proven useful in encouraging countries to implement structural reforms that enhance economic performance.
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  • 44
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2009, no. 1, p. 43-69
    ISSN: 1995-2899
    Language: English
    Pages: 27 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 43-69
    Keywords: Economics ; Turkey
    Abstract: We pursue a two-fold objective in this paper. First, we try to describe comprehensively the behaviour of sectoral growth cycles in Turkish manufacturing by using several statistical measures and to analyse the co-movement between them via correlation and peak-through analysis. One of the remarkable results of this study is the emergence of the "chemicals" and "paper and paper products"sectors as the leading sectors of total manufacturing. Another important result reveals that export-oriented sectors, which have a high correlation with total manufacturing and with each other, appear as the main drivers of total manufacturing. The second objective of this study is to investigate the response of output in Turkish manufacturing industries to monetary policy shocks within the vector autoregressive framework. The results show that all manufacturing sectors respond to a contractionary monetary policy shock with a reduction in absolute output but that the degree of output reduction is not the same in all sectors. The total manufacturing output declines very quickly after the shock, reaching its minimum value within three quarters.
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  • 45
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    Paris : OECD Publishing
    In:  Nuclear law bulletin Vol. 2009, no. 1, p. 99-115
    ISSN: 1609-7378
    Language: English
    Pages: 17 p
    Parallel Title: Parallelausg. Travaux législatifs et réglementaires nationaux
    Titel der Quelle: Nuclear law bulletin
    Publ. der Quelle: Paris : OECD, 1968
    Angaben zur Quelle: Vol. 2009, no. 1, p. 99-115
    Keywords: Nuclear Energy ; Belgium ; Brazil ; France ; Ireland ; Japan ; Korea, Republic of ; Moldova, Republic of ; Romania ; Serbia ; Slovenia ; Switzerland ; Turkey ; United States
    Abstract: One amendment changes the funding of the activities of the Federal Agency for Nuclear Control (FANC) whereby part of the fees is transformed into taxes. Besides taxes, fees and administrative fines, funding is possible by means of donations, legacies and extra fees.
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  • 46
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2008, no. 2, p. 183-213
    ISSN: 1995-2899
    Language: English
    Pages: 31 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2008, no. 2, p. 183-213
    Keywords: Economics
    Abstract: This paper focuses on Swiss GDP revisions and the uncertainty they generate from the point of view of monetary policy. After a description of the revisions features, we use GDP vintages to compute real-time output gaps using a production function approach. Then, with a nominal feedback rule, we assess the impact of GDP – and hence output gap – on revisions monetary policy. The main results are threefold. First, Swiss GDP revisions – similarly to those of other small economies – are large, and estimates converge slowly to their final value. Second, GDP mismeasurements clearly exacerbate the difficulty in estimating output gaps. Third, the impact of revisions on monetary policy varies over time. Via its effect on output gaps, ceteris paribus, the inaccuracy of GDP estimates risks introducing a procyclical bias in monetary policy decisions.
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  • 47
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-18
    ISSN: 1995-2856
    Language: English
    Pages: 18 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-18
    Keywords: Economics
    Abstract: This article uses patent data to assess policy factors (domestic and international) for patenting activity in automotive emission control technologies. Particular attention is paid to the role of different policy types and fuel prices on both post-combustion and integrated abatement technologies. The results confirm that fuel prices have played a role in the development of integrated strategies, while regulatory standards have been more important with respect to post-combustion technologies. In addition, ‘integrated’ abatement strategies are more closely linked to general determinants of innovation than is the case for post-combustion technologies. This has implications for the design of policies which encourage innovations with both private and public benefits.
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  • 48
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 1, p. 63-85
    ISSN: 1995-283X
    Language: English
    Pages: 24 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 63-85
    Keywords: Economics
    Abstract: More action is needed, by both Africa and the wider international community. Building peace and security is essential, both for economic development and for poverty reduction. Leadership is being taken by Africa itself. The number of conflicts has fallen. But even so, one-fifth of the population of Africa still live in conflict zones. More action is needed both to strengthen and support Africa’s own efforts to bring peace to the continent, and to tackle the wider global drivers of conflict, including the illicit trade in small arms and light weapons, and the trade in conflict resources.
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  • 49
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-39
    ISSN: 1995-2856
    Language: English
    Pages: 39 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-39
    Keywords: Economics
    Abstract: This article investigates the policy determinants of hours worked among employed individuals in OECD countries, focussing on the impact of taxation, working-time regulations, and other labour and product market policies. It explores the factors underlying cross-country differences in hours worked — in line with previous aggregate approaches — while at the same time it looks more closely at labour force heterogeneity — in the vein of microeconomic labour supply models. The paper shows that policies and institutions have a different impact on working hours of men and women. Firstly, while high marginal taxes create a disincentive to work longer hours for women, their impact on hours worked by men is almost insignificant. Secondly, working-time regulations have a significant impact on hours worked by men, and this impact differs across education categories. Thirdly, other labour and product market policies, in particular stringent employment protection of workers on regular contracts and competition-restraining product market policies, have a negative impact on hours worked by men, over and beyond their impact on employment levels.
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  • 50
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    Paris : OECD Publishing
    In:  OECD journal: general papers Vol. 2009, no. 1, p. 87-126
    ISSN: 1995-283X
    Language: English
    Pages: 41 p
    Titel der Quelle: OECD journal: general papers
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 87-126
    Keywords: Economics
    Abstract: It is time to deliver for women and girls. Africa’s growth and development agenda can only succeed if the continent is able to draw on all its resources and talents, and if women are able to participate fully in economic, social and political life. This will require intensified efforts to eliminate discrimination and promote equal rights. The strong commitment which has been demonstrated by African governments needs to be complemented by strong support from the wider international community, within the framework of a clear allocation of responsibilities, and the clear mapping out of specific steps and measures.
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  • 51
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-37
    ISSN: 1995-2856
    Language: English
    Pages: 37 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-37
    Keywords: Economics
    Abstract: The purpose of this article is to discuss how policies can affect investment in tertiary education in ways that would eliminate some of the perceived shortcomings of existing systems, while preserving or (preferably) enhancing equality of access to higher education. To this end, the analysis focuses on the institutional set-up of tertiary education that provides incentives for supplying quality educational services; the private returns from higher education which act to attract prospective students; and, individual funding mechanisms to help overcome the liquidity constraints that may restrict participation in higher education. These mechanisms should also be designed so as to prevent uncertainty about future incomes from unduly deterring investment in tertiary studies by risk-averse individuals. Joaquim Oliveira Martins, Romina Boarini, Hubert Strauss and Christine de la Maisonneuve
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  • 52
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    Paris : OECD Publishing
    ISBN: 9789282102237
    Language: English
    Pages: Online-Ressource (196 p.)
    Parallel Title: Druckausg.
    Keywords: Transport ; Turkey
    Abstract: Turkey’s continuing economic expansion depends on the diversification of its transport modes and especially on the development of efficient multimodal services. Its role as a hub for Europe, Asia, and the Middle East and as a facilitator of global exchange will be enhanced with a strategy and measures to support a range of intermodal logistic and transport services. This work analyses the current situation and sets forth some of the actions and policies needed to stimulate the development of a truly multimodal transport system.
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  • 53
    ISBN: 9789282102183
    Language: English
    Pages: Online-Ressource (28 p)
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Déficience cognitive, santé mentale et transports ; Vers une accessibilité pour tous
    Keywords: Transport
    Abstract: Cognitive impairment and mental health affect a large number of people, for whom the use of public transport can present a challenge. This book examines this neglected area, presenting various suggestions from transport staff training to better signage, clearer timetables, and increased staff presence to help build users' confidence.
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  • 54
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    Paris : OECD Publishing
    ISBN: 9789264060289 , 9789264107144
    Language: French
    Pages: Online-Ressource (224 p.)
    Series Statement: Les essentiels de l'OCDE
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. International Trade; Free, Fair and Open?
    Parallel Title: Parallelausg. Internationaler Handel; Frei, fair und offen?
    Keywords: Economics ; Trade
    Abstract: Le commerce international influence directement le prix et la disponibilité de tout ce que nous achetons ou presque. Son rôle est également notable dans beaucoup d’autres domaines, notamment l’emploi, l’environnement et la lutte contre la pauvreté. Les essentiels de l'OCDE : Le commerce international soutient que la prospérité a rarement, voire jamais, été atteinte ou maintenue sans le concours du commerce. Néanmoins, à lui seul, il ne constitue pas une condition suffisante, et des politiques orientées vers l’emploi, l’éducation, la santé et bien d’autres domaines encore sont nécessaires pour favoriser le bien-être et s’attaquer aux défis d’une économie mondialisée.
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  • 55
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    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264073975
    Language: English
    Pages: Online-Ressource (266 p.) , ill.
    Parallel Title: Druckausg.
    Parallel Title: Erscheint auch als Innovation and growth
    RVK:
    Keywords: Innovation ; Technischer Fortschritt ; Wirtschaftswachstum ; OECD-Staaten ; BRICS-Staaten ; Forschung ; Entwicklung ; Innovation ; Wirtschaftswachstum ; Nachhaltigkeit ; Science and Technology ; Economics ; Aufsatzsammlung ; OECD ; Entwicklungsländer ; Innovation ; Technischer Fortschritt
    Abstract: Innovation is crucial to long-term economic growth, even more so in the aftermath of the financial and economic crisis. In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them. The authors discuss options for policy initiatives that can foster technological innovation in the pursuit of faster and sustainable growth. The various chapters highlight how the emergence of an integrated global market affects the impact of national innovation policy. What seemed like effective innovation strategies (e.g. policies designed to strengthen the R&D capacity of domestic firms) are no longer sufficient for effective catch-up. The more open and global nature of innovation makes innovation policies more difficult to design and implement at the national scale alone. These challenges are further complicated by new phenomena, such as global value chains and the fragmentation of production, the growing role of global corporations, and the ICT revolution. Where and why a global corporation chooses to anchor its production affects the playing field for OECD and developing economies alike. Selected as a 2009 Notable Document by the American Library Association Government Documents Round Table.
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  • 56
    ISBN: 9789282102213
    Language: French
    Pages: Online-Ressource (28 p)
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Cognitive Impairment, Mental Health and Transport; Design with Everyone in Mind
    Keywords: Transport
    Abstract: Pour la partie de plus en plus nombreuse de la population qui est atteinte de déficiences cognitives ou d’un problème de santé mentale, l’utilisation des transports publics peut être vécue comme un défi. La publication analyse ce domaine négligé en proposant des solutions allant de la formation des personnels de services à l'utilisation d'une meilleure signalétique, à des changements dans la présentation des horaires ainsi qu'à une présence accrue de personnel pour aider les voyageurs à prendre confiance.
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  • 57
    ISBN: 9789264073111
    Language: English
    Pages: Online-Ressource (498 p.)
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. L'économie politique de la réforme ; Retraites, emplois et déréglementation dans dix pays de l'OCDE
    Parallel Title: Erscheint auch als Tompson, William The political economy of reform
    RVK:
    RVK:
    Keywords: Rentenreform ; Arbeitsmarktpolitik ; Deregulierung ; OECD-Staaten ; Economics ; OECD ; Rentenreform ; Arbeitsmarkt ; Deregulierung
    Abstract: This report examines why some policy reforms get implemented and others languish by examining 20 structural reform efforts in 10 OECD countries over the past two decades. The case studies cover a wide variety of reform attempts in three key areas: pensions, labour- and product-market regulation. Key factors in the political, economic and reform-specific arenas are identified as helping or hindering reform, and these findings are cross-checked using a relatively simple set of Spearman rank correlations. The report’s two-pronged analytical approach – quantitative and qualitative – results in unique insights for policy makers designing, adopting and implementing structural policy reforms.
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  • 58
    ISBN: 9789264056015
    Language: English
    Pages: Online-Ressource (250 p.) , ill.
    Series Statement: West African Studies
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Les enjeux régionaux des migrations ouest-africaines ; Perspectives africaines et européennes
    Parallel Title: Erscheint auch als Trémolières, Marie Regional challenges of West African migration
    DDC: 325/.266
    RVK:
    RVK:
    RVK:
    Keywords: Economic Community of West African States ; Internationale Migration ; Westafrika ; Internationale Migration ; Zuwanderer ; Repatriierung ; Migrationspolitik ; Freizügigkeit ; Internationale Organisation ; Politik ; Fallstudie ; Social Issues/Migration/Health ; Westafrika ; Europa ; Maghreb ; Mauretanien ; Senegal ; Westafrika ; Flüchtling
    Abstract: This publication presents contributions by international experts on various aspects of West African migration. It provides a contrasting perspective to current debates which essentially focus on security issues. This rather non-institutional approach promotes a constant dialogue based on analyses of the actual situation: the authors encourage "win-win" mobility for all parties involved (Europe, North Africa and West Africa), whether it be a host, transit or departure country.
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  • 59
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    Paris : OECD Publishing
    ISBN: 9789264056909
    Language: French
    Pages: Online-Ressource (368 p.) , ill.
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. The Bioeconomy to 2030; Designing a Policy Agenda
    Keywords: Science and Technology ; Economics
    Abstract: Les sciences biologiques apportent une valeur ajoutée à de très nombreux biens et services qui sont génériquement réunis sous le terme de « bioéconomie » et les progrès dans ce domaine peuvent aboutir à des avancées socioéconomiques majeures, dans les pays de l’OCDE. En utilisant des analyses quantitatives des données concernant les innovations en cours et les dépenses de recherche et développement tirées des bases de données privées et publiques, elle estime les évolutions futures dans le domaine des biotechnologies d’ici 2015. Adoptant un point de vue institutionnel plus large, elle examine également les rôles joués par le financement de la recherche et du développement, les ressources humaines, la propriété intellectuelle et la réglementation de la bioéconomie, ainsi que les évolutions futures qui seraient susceptibles d’influer sur les nouveaux modèles économiques. Des scénarios fictifs à l’horizon 2030 sont pris en compte pour encourager les lecteurs à réfléchir sur l’interaction entre les choix de politique économique et les avancées technologiques dans la mise en place de la bioéconomie. Enfin, l’ouvrage étudie les différentes options de politique économique permettant de tirer parti des avantages sociaux, environnementaux et économiques de la bioéconomie.
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  • 60
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    Paris : OECD Publishing
    ISBN: 9789264060265 , 9789264107137
    Language: English
    Pages: Online-Ressource (194 p.)
    Series Statement: OECD Insights
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Le commerce international ; Libre, équitable et ouvert ?
    Parallel Title: Parallelausg. Internationaler Handel; Frei, fair und offen?
    Parallel Title: Erscheint auch als Love, Patrick International trade
    DDC: 382.1
    RVK:
    Keywords: Internationale Wirtschaft ; Welt ; Außenhandel ; Handelsvertrag ; Freihandel ; Fairer Handel ; Liberalisierung ; Economics ; Trade ; Erde ; Welthandel
    Abstract: International trade affects the price and availability of practically everything we buy. It also plays a role in many other domains, including jobs, the environment and the fight against poverty. OECD Insights: International Trade argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough. Policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy. "The OECD is a major source for insightful analyses of current trade issues. It also plays a role in disseminating skilfully the results of less accessible writings on trade. This short book is a valuable addition to the latter endeavour and should be on the shelf of policy makers." -Jagdish Bhagwati, Columbia University
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  • 61
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    Paris : OECD Publishing
    ISBN: 9789282102251
    Language: English
    Pages: Online-Ressource (176 p.)
    Series Statement: ITF Round Tables no.143
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Concurrence entre les ports et les liaisons terrestres avec l'arrière-pays
    RVK:
    Keywords: Transport
    Abstract: This Round Table publication discusses the policy and regulatory challenges posed by the rapidly changing port environment. The sector has changed tremendously in recent decades with technological and organisational innovation and a powerful expansion of trade. Although ports serve hinterlands that now run deep into continents, competition among ports is increasingly intense and their bargaining power in the supply chain has consequently weakened. Greater port throughput is meeting with increasing resistance from local communities because of pollution and congestion. In addition, local regulation is warranted but made difficult by the distribution of bargaining power among stakeholders. Higher-level authorities could develop more effective policies.
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  • 62
    Online Resource
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    Paris : OECD Publishing
    ISBN: 9789264056886
    Language: English
    Pages: Online-Ressource (323 p.) , ill.
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. La bioéconomie à l'horizon 2030 ; Quel programme d'action ?
    Parallel Title: Erscheint auch als The bioeconomy to 2030
    RVK:
    Keywords: Biotechnologie ; Gentechnisch erzeugtes Produkt ; Biotechnologie-Industrie ; Politik ; Industriepolitik ; Technologiepolitik ; Science and Technology ; Economics ; Biowissenschaften ; Industriepolitik
    Abstract: The biological sciences are adding value to a host of products and services, producing what some have labelled the “bioeconomy” and offering the potential to make major socio-economic contributions in OECD countries. Using quantitative analyses of data on development pipelines and R&D expenditures from private and public databases, this book estimates biotechnological developments to 2015. Moving to a broader institutional view, it also looks at the roles of R&D funding, human resources, intellectual property, and regulation in the bioeconomy, as well as at possible developments that could influence emerging business models to create scenarios to 2030. These scenarios are included to stimulate reflection on the interplay between policy choices and technological advances in shaping the bioeconomy. Finally, the book explores policy options to support the social, environmental and economic benefits of a bioeconomy.
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  • 63
    ISBN: 9789282102466
    Language: English
    Pages: Online-Ressource (210 p.)
    Series Statement: ITF Round Tables no.145
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Concurrence et interactions entre aéroports, services de transports aériens et ferroviaires
    RVK:
    Keywords: Transport
    Abstract: How should airports be regulated to contain market power? This round table proceedings first examines whether they need to be regulated at all. It concludes that because regulation is inevitably imperfect and costly, policy makers should establish conditions for competition to emerge between airports in preference to comprehensive regulation, whenever possible. Economic regulation is sometimes necessary, such as when airports are heavily congested. The proceedings determines which approaches are likely to work best and also assesses strategies for managing greenhouse gas emissions. It finds that although including aviation in an open emission trading scheme could help mitigate emissions efficiently across the economy, it should not be expected to produce major cuts in CO2-emissions in aviation itself. Finally the proceedings identifies the economic conditions under which high-speed rail can provide a competitive substitute for aviation, revealing the limited relevance of rail to reducing greenhouse gas emissions from this part of the transport market.
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  • 64
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264075290
    Language: English
    Pages: Online-Ressource (192 p.)
    Series Statement: Jobs for Youth/Des emplois pour les jeunes
    Parallel Title: Druckausg.
    Parallel Title: Erscheint auch als United States
    DDC: 331.34
    RVK:
    RVK:
    Keywords: Junge Arbeitskräfte ; USA ; Employment ; Social Issues/Migration/Health ; United States ; USA ; Arbeitsmarkt ; Jugendarbeitslosigkeit ; Arbeitsmarktpolitik
    Abstract: First experiences on the labour market have a profound influence on later working life. This report on the United States contains a survey of the main barriers to employment for young people, an assessment of the adequacy and effectiveness of existing measures to improve the transition from school-to-work, and a set of policy recommendations for further action.
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  • 65
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: French
    Pages: 42 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.741
    Parallel Title: Parallelausg. How to Reform the Belgian Tax System to Enhance Economic Growth
    Keywords: Economics ; Belgium
    Abstract: Les éléments constitutifs du système fiscal belge influe sur le processus de croissance par des canaux différents et à des degrés divers. Les impôts sur la consommation sont parmi ceux qui faussent le moins la croissance et il est tout à fait possible, en Belgique, d’exploiter davantage cette source de recettes fiscales. La taxation différenciée des instruments d’épargne fausse les décisions d’investissement, entravant le redéploiement des capitaux vers leur emploi le plus productif. Cependant, les impôts qui occasionnent le plus de distorsions sont ceux qui frappent le revenu du travail, en raison de leur impact sur les décisions des travailleurs en matière d'emploi. Conscientes de cela, les autorités belges ont cherché à alléger la fiscalité du travail. Cette dernière demeure cependant lourde en comparaison des autres pays, en raison de nombreuses exonérations, qui réduisent les bases d’imposition et nécessitent donc, pour compenser, des taux d’impôt plus élevés. Afin d’améliorer les perspectives des différents groupes sur le marché du travail, on a eu recours largement à des subventions salariales et des réductions de cotisations de sécurité sociale, créant ainsi un système complexe, souvent mal ciblé et visant parfois des objectifs contradictoires. En fin de compte, l’interaction entre l’impôt sur le revenu des personnes physiques, les cotisations de sécurité sociale et le généreux système de prestations a créé une multitude de pièges du marché du travail qui brident l’emploi. Les nouvelles réformes fiscales sont limitées par les problèmes importants et grandissants de viabilité des finances publiques, ce qui signifie que, à moins de procéder à de fortes compressions de dépenses, ces réformes devront s’autofinancer. Pour ce faire, il faut déplacer la charge fiscale vers les sources qui créent le moins de distorsions et élargir les bases d’imposition afin de pouvoir appliquer des taux plus bas. Ce document de travail se rapporte à l’Étude économique de l’OCDE de la Belgique, 2009 (www.oecd.org/eco/etudes/belgique).
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  • 66
    Language: French
    Pages: 33 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.743
    Parallel Title: Parallelausg. Fiscal Federalism in Belgium: Main Challenges and Considerations for Reform
    Keywords: Economics ; Belgium
    Abstract: Ce document de travail porte sur l’état actuel des relations budgétaires entre les différents niveaux d’administration en Belgique ainsi que sur la manière dont celles-ci ont évolué au fil du temps. Partant du constat que le système qui donne corps au fédéralisme budgétaire est source de déséquilibres entre l’administration fédérale et les échelons infra-fédéraux (déséquilibre vertical) de même qu’entre les différentes entités fédérées (déséquilibre horizontal), les auteurs esquissent des orientations pour l’améliorer. Faute de réformes, le déséquilibre vertical ne fera que s’accentuer dans la mesure où la charge budgétaire imposée par le vieillissement de la population grèvera principalement le budget fédéral. Aussi la réforme devra-telle viser à renforcer la capacité budgétaire de l’administration fédérale en améliorant ses sources de recettes et en faisant basculer la charge représentée par certaines dépenses obligatoires sur les entités fédérées. Le déséquilibre entre régions résulte du manque de cohérence entre fiscalité et dépenses. Les recettes partagées provenant de l’impôt sur le revenu des personnes physiques sont attribuées à la région de résidence tandis que la région du lieu de travail n’en bénéficie pas, ce qui pénalise particulièrement la région de Bruxelles-Capitale en termes de recettes. Cette anomalie pourrait être corrigée en attribuant à la région du lieu de travail une proportion plus élevée des recettes partagées de l’impôt sur le revenu des personnes physiques. Par ailleurs, il conviendrait de réorganiser le système des subventions de péréquation afin d’inciter les régions bénéficiaires à développer leurs propres sources de recettes fiscales. La performance du système budgétaire pourrait être encore améliorée si l’on réussissait à accroître l’efficience des dépenses dans les domaines d’intérêt national qui sont du ressort des entités fédérées ou dans lesquels on observe un chevauchement de compétences, qu’il s’agisse des politiques de l’emploi, de la R-D, de la formation, de l’éducation, de l’énergie et de l’environnement.
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  • 67
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.663
    Keywords: Economics
    Abstract: This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country disparities in GDP per capita levels. Other distinct features of the projection framework include human capital projections by cohorts and implicit allowance for the impact of ageing and potential labour market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP terms by about 3 ¾ % per year on average over the period 2005-2050. When expressed in constant market exchange rates, taking into account future Balassa-Samuelson effects, this projection falls roughly in the middle of the range of long-run scenarios recently developed in the context of greenhouse gas emission projections. The sensitivity of the projection to total factor productivity and population growth assumptions is significant, however, and compounds with deeper sources of uncertainty such as model and parameter uncertainty.
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  • 68
    ISBN: 9789264079205
    Language: English
    Pages: Online-Ressource (168 p.)
    Parallel Title: Parallelausg. Handbook on Deriving Capital Measures of Intellectual Property Products; (Korean version)
    Parallel Title: Parallelausg. Handbook on Deriving Capital Measures of Intellectual Property Products: (Korean version)
    Parallel Title: Erscheint auch als Handbook on deriving capital measures of intellectual property products
    RVK:
    Keywords: Immaterialgüterrechte ; Volkswirtschaftliche Gesamtrechnung ; Economics ; Immaterialgut ; Immaterielles Wirtschaftsgut ; Messung ; System of National Accounts ; Kapitalbildung
    Abstract: The latest System of National Accounts (the 2008 SNA) explicitly recognises, for the first time, that expenditures on research and experimental development (R&D) should be recorded as capital formation. This is a natural extension to the 1993 SNA, which recommends recording many acquisitions of software and databases, mineral exploration, and entertainment, artistic and literary originals as capital formation, too. These products have a common characteristic, namely that their value reflects the underlying intellectual property they embody, which is why they are referred to collectively in this publication as intellectual property products (IPPs). But they also share another important characteristic: their measurement is not straightforward, and in the absence of clear guidance it is highly likely that estimates will not be comparable between countries. This Handbook is designed to provide that guidance by considering IPPs collectively, based on their common characteristics, by type, based on any specificities, such as data availability, and by detailed transaction - for example the valuation of IPPs that have been produced for internal use by their developers, the valuation of unsuccessful IPPs, and the production of IPPs produced and made freely available by government.
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  • 69
    ISBN: 9789264044616
    Language: English
    Pages: Online-Ressource (554 p.)
    Parallel Title: Erscheint auch als Productivity measurement and analysis
    Keywords: Produktivität ; Arbeitsproduktivität ; Messung ; Economics ; Aufsatzsammlung ; Konferenzschrift ; Produktivität ; Produktivitätsmessung ; Produktivitätszuwachs
    Abstract: Productivity measurement and analysis are the main topics addressed in this book, which brings together contributions presented and discussed in two international workshops organized by the Statistics Directorate and the Directorate for Science, Technology and Industry (DSTI) of the OECD. The first workshop was organised jointly by the OECD with Fundaccion BBVA and the Instituto Valenciano de Investigaciones Económicas and held in Madrid in October 2005, and the second one was organized jointly by the OECD and the Swiss Federal Statistical Office and the State Secretary for Economic Affairs of Switzerland and held in Bern in October 2006. The two workshops brought together representatives of statistical offices, central banks and other branches of government in OECD countries that are engaged in the analysis and the measurement of productivity developments at aggregate and industry levels.
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  • 70
    ISBN: 9789282102329
    Language: English
    Pages: Online-Ressource (150 p.)
    Series Statement: ITF Round Tables no.144
    Parallel Title: Parallelausg. Terrorisme et transport international ; Pour une politique de sécurité fondée sur le risque
    Parallel Title: Parallelausg. Terrorisme et transport international : Pour une politique de sécurité fondée sur le risque
    Keywords: Transport
    Abstract: Security is critical to transport systems as they are often appealing targets for terrorist attacks. The significant costs of potential damage make effective security policies a key concern for transport decision makers. This Round Table examines the contribution economic analysis can make to improving security in aviation and maritime shipping by identifying methods for quantifying the benefits of security measures and assessing their effectiveness, and examining techniques to allocate resources targeting the highest risks.
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  • 71
    ISBN: 9789264068476
    Language: English
    Pages: Online-Ressource (233 p.) , ill.
    Edition: Second edition
    Parallel Title: Parallelausg. La mesure du capital - Manuel de l'OCDE 2009 ; Deuxième édition
    Parallel Title: Parallelausg. Medición del capital - Manual OCDE 2009 ; Segunda edición
    Parallel Title: Parallelausg. La mesure du capital - Manuel de l'OCDE 2009 : Deuxième édition
    Parallel Title: Parallelausg. Medición del capital - Manual OCDE 2009 : Segunda edición
    Parallel Title: Erscheint auch als Measuring capital
    RVK:
    Keywords: Kapitalstock ; Messung ; OECD-Staaten ; Economics ; Kapitalbildung ; Kapitalvermögen ; Kapitalertrag ; Messung
    Abstract: Capital - in particular of the physical sort - plays several roles in economic life: it constitutes wealth and it it provides services in production processes. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a question how to measure all these dimensions of capital in industry and national accounts. This revised Capital Manual is a comprehensive guide to the approaches toward capital measurement. It gives statisticians, researchers and analysts practical advice while providing theoretical background and an overview of the relevant literature. The manual comes in three parts - a first part with a non-technical description with the main concepts and steps involved in measuring capital; a second part directed at implementation and a third part outlining theory and a more complete mathematical formulation of the measurement process.
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  • 72
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.669
    Keywords: Economics ; United States
    Abstract: The global financial crisis that emerged in mid 2007 has caused considerable economic disruptions in the United States and elsewhere, and exposed major flaws in the global financial system. After examining the origins of the crisis, this paper recommends specific policy responses to resolve the immediate problems and discusses how to make the US financial system more resilient and stable in the future.
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  • 73
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: French
    Pages: 10 p. , 21 x 29.7cm
    Series Statement: CELE Échanges, Centre pour des environnements pédagogiques efficaces no.2009/04
    Parallel Title: Parallelausg. San Diego's Capital Planning Process
    Keywords: Education ; United States
    Abstract: Dans le cadre de son mécanisme de planification de l’équipement, le San Diego Unified School District (Californie, États-Unis) a établi une analyse systématique de la qualité fonctionnelle dans chacun de ses établissements scolaires. La qualité fonctionnelle représente un critère déterminant dans la planification des équipements éducatifs ainsi qu’un complément nécessaire à l’évaluation de l’état du bâtiment.
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  • 74
    Language: English
    Pages: 40 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.739
    Keywords: Economics ; Japan
    Abstract: Japan’s health-care system has provided universal access to care and contributed to the outstanding health status of the Japanese. Public spending has been kept below the OECD average through high co-payment rates and reductions in medical fees. However, with continued upward pressure on expenditure, in part due to rapid population ageing, reforms are needed to limit spending increases through greater efficiency, while improving quality. It is essential to shift long-term care out of hospitals, reform the pricing mechanism away from pay-for-visit, increase the use of generic drugs, encourage healthy ageing and promote restructuring in the hospital sector. Quality should be improved by increasing the availability of effective new drugs and medical devices. In funding spending increases, it is important to limit the share borne by employees to avoid negative effects on the labour market. Japan may need to allow more mixed billing to enhance access to some advanced medical treatments.
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  • 75
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.730
    Keywords: Economics
    Abstract: This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings. Analysing an unbalanced panel of 30 OECD economies from 1970 to 2008, we found that downturns have, on average, a significant positive impact on the level of structural unemployment rate. The maximum impact varies with the severity of the downturn. Institutions (such as Employment Protection Legislation, average replacement ratio and product market regulation) influence both the extent of the initial shock and the adjustment pattern in the aftermath of a downturn.
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  • 76
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 71 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.707
    Keywords: Economics
    Abstract: This paper assesses recent patterns in intergenerational social mobility across OECD countries and examines the role that public policies can play in affecting such mobility. It shows that the relationship between parental or socio-economic background and offspring’s educational and wage outcomes is positive and significant in practically all countries for which evidence is available. Intergenerational social mobility is measured by several different indicators since no single indicator provides a complete picture. However, one pattern that emerges is of a group of countries, e.g. southern European countries and Luxembourg, which appears to rank as relatively immobile on most indicators, while another group, e.g. Nordics, is found to be more mobile. Furthermore, public policies such as education and early childcare play a role in explaining observed differences in intergenerational social mobility across countries. In addition, this study also finds a positive cross-country correlation between intergenerational social mobility and redistributive policies.
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  • 77
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.665
    Keywords: Economics ; United States
    Abstract: In spite of improvements, on various measures of health outcomes the United States appears to rank relatively poorly among OECD countries. Health expenditures, in contrast, are significantly higher than in any other OECD country. While there are factors beyond the health-care system itself that contribute to this gap in performance, there is also likely to be scope to improve the health of Americans while reducing, or at least not increasing spending. This paper focuses on two factors that contribute to this discrepancy between health outcomes and health expenditures in the United States: inequitable access to medical services and subsidized private insurance policies; and inefficiencies in public health insurance. It then suggests two sets of reforms likely to improve the US health-care system. The first is a package of reforms to achieve close to universal health insurance coverage. The second set of reforms relates to payment methods and coverage decisions within the Medicare programme to realign incentives and increase the extent of economic evaluation of different medical procedures.
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  • 78
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.693
    Keywords: Economics
    Abstract: There are local air pollution benefits from pursuing greenhouse gases emissions mitigation policies, which lower the net costs of emission reductions and thereby may strengthen the incentives to participate in a global climate change mitigation agreement. The main purpose of this paper is to assess the extent to which local air pollution co-benefits can lower the cost of climate change mitigation policies in OECD and non-OECD countries and can offer economic incentives for developing countries to participate in a post- 2012 global agreement. The paper sets out an analytical framework to answer these questions. After a literature review on the estimates of the co-benefits, new estimates, which are obtained within a general equilibrium, dynamic, multi-regional framework, are presented. The main conclusion is that the co-benefits from climate change mitigation in terms of reduced outdoor local air pollution might cover a significant part of the cost of action. Nonetheless, they alone may not provide sufficient participation incentives to large developing countries. This is partly because direct local air pollution control policies appear to be typically cheaper than indirect action via greenhouse gases emissions mitigation.
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  • 79
    ISBN: 9789264056466
    Language: French
    Pages: Online-Ressource (178 p.) , ill.
    Parallel Title: Parallelausg. OECD Patent Statistics Manual
    Parallel Title: Parallelausg. Manual de estadísticas de patentes de la OCDE
    Keywords: Science and Technology ; Economics
    Abstract: L’édition 2009 du Manuel de l’OCDE sur les statistiques de brevets intègre les développements récents du domaine. Elle fournit des lignes directrices pour l’utilisation des données de brevets à des fins de mesure de S&T, et des recommandations pour la compilation et l’interprétation des indicateurs de brevets dans ce contexte. Le manuel vise à montrer à quoi les données de brevets peuvent ou ne peuvent pas être utilisées, et comment compter les brevets de façon à maximiser l’information sur la S&T tout en minimisant le bruit et les biais statistiques. Enfin, il décrit comment les données de brevets peuvent être utilisées dans l’analyse d’un large spectre de thèmes liés au changement technique et à la prise de brevets, y compris les liens science-industrie, les stratégies de brevets des entreprises, l’internationalisation de la recherche, et la mesure de la valeur des brevets.
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  • 80
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.692
    Keywords: Economics ; South Africa
    Abstract: This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and changes in the dollar-euro exchange rate on changes in daily returns of the rand-dollar exchange rate. We also identify a one-sided nonlinear mean reversion to the long-term monetary equilibrium. In addition we establish very short-lived effects on the exchange rate of selected macroeconomic surprises and central bank communication aimed at talking up the rand.
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  • 81
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 64 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.714
    Keywords: Economics
    Abstract: Economic growth is the basis of increased prosperity. This makes the attainment of growth a key objective for governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon economic decisions and through productive public expenditures. This paper surveys research that has undertaken empirical analysis of aggregate data. The focus of the survey is the identification of the factors that determine the rate of growth.
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  • 82
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.737
    Keywords: Economics ; Erdölpreis ; Geschichte 2009
    Abstract: Crude oil prices have trended up since the end of the 1990s, peaking at a historic high in mid-2008 that was followed by a steep price correction with a subsequent rebound. This paper considers major forces behind the evolution of the oil price, using a simple model of supply and demand elasticities as a benchmark, highlights implications for inflation and economic activity and draws some conclusions for macroeconomic policy. The analysis suggests that the run-up in crude oil prices since 2003 was due to both vigorous oil demand growth by emerging markets and, from the middle of the decade onward, a weaker than expected oil supply response to rising prices. Prices are unlikely to fall back to levels seen in the first years of the decade either over the short or medium term.
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  • 83
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 8 p. , 21 x 29.7cm
    Series Statement: CELE Exchange, Centre for Effective Learning Environments no.2009/04
    Parallel Title: Parallelausg. Procédures de planification de l'équipement à San Diego
    Keywords: Education ; United States
    Abstract: Capital planning for schools should include both qualitative and quantitative dimensions. And while building condition remains an important and necessary factor in short- and long-range facility planning, by itself it is not sufficient to reveal the full range of building performance issues or to guide decision making and strategies for prudent capital investments. Functionality – sometimes referred to as “serviceability” or “fitness of purpose” – has to do with how school buildings and sites support users’ activities. Its reference points are the owner’s operating requirements that represent the purposes and objectives for which the facility was originally designed and built, plus the many new functional requirements that have inevitably arisen over time (driven by such factors as enrolment growth or decline, grade reconfiguration, trends in curriculum, technology or educational philosophy, and community uses). In terms of functionality, a school can have positive attributes – it can be safe and secure, healthy and comfortable, cost-effective and environmentally sustainable, even uplifting and inspirational – or negative ones – it can be overcrowded or underutilised, dilapidated or obsolete, inefficient and expensive, or even dangerous. There is a welcome and growing body of literature on links between the functional quality of educational buildings and the academic performance of the students who occupy them. This research is also consistent with new attention to the environmental aspects of schools, which are significant in terms of embodied pedagogy, the health and comfort of educators and learners, and, indeed, the long-term prospects for life on the planet.
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  • 84
    Language: English
    Pages: 24 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.688
    Keywords: Economics
    Abstract: This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types of regimes to the danger of underinvestment. However, regulatory uncertainty is arguably higher under rate-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner, while firms operating under incentive regulation are less affected by this behaviour. In addition, incentive regulation encourages investment in cost-reducing technologies. Using Bayesian model averaging techniques, this paper shows that incentive regulation implemented jointly with an independent sector regulator (indicating lower regulatory uncertainty) has a strong positive impact on investment in network industries. In addition, lower barriers to entry are also found to encourage sectoral investment. These results support the importance of implementing policies in a coherent framework.
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  • 85
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.680
    Keywords: Economics ; Slovak Republic
    Abstract: As in other catch-up countries inflation is likely to stay high going forward due to nominal convergence. To better cope with the risk of a too rapid pick up of wages during the convergence process on the one hand and to raise the adjustment potential of the economy to macroeconomic shocks on the other, labour and product market flexibility is essential. Three main areas for improvement are discussed in this chapter. First, wage flexibility should be safeguarded by avoiding significant increases in minimum wages and by abolishing legal extension of collective wage settlements. Second, competition needs to be strengthened, especially in the liberal professions where entry and conduct regulation should be eased. In addition, the points of single contact that already exist for small enterprises should be extended to entrepreneurs of the liberal professions. Third, a wider use of information and communication technology (ICT) could lead to important productivity gains. Removing obstacles to the spread of e-business and a swift implementation of e-government are imperative. This Working Paper relates to the 2009 OECD Economic Survey of the Slovak Republic.
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  • 86
    Language: English
    Pages: 27 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.728
    Keywords: Economics ; Estonia
    Abstract: Estonia gave up the exchange rate and monetary policy tools of macroeconomic management when it introduced its currency board in 1992. While the currency board arrangement served the country well during transition in the 1990s, it offers limited flexibility to implement policies that would ease the EU convergence as well as mitigate the global financial and economic crisis. The ongoing financial crisis has made euro adoption more attractive than ever and put it on the top of the country’s policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the structure of its economy also notably differs from the euro zone. To benefit fully from joining the EMU, Estonia must strengthen other adjustment mechanisms to shocks, including flexibility of the labour market, further improving its environment to do business and a framework, which allows for anti-cyclical fiscal policies.
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  • 87
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 49 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.726
    Keywords: Economics ; Iceland
    Abstract: Monetary and fiscal policies face huge challenges: the banking sector has collapsed; the economy is in the midst of a deep recession; the exchange rate has plunged; capital flows have been frozen; inflation is elevated; public debt has risen; source of revenues have disappeared; social needs have increased; and the unemployment insurance fund has been nearly depleted. Against this difficult background, this paper discusses what policy makers should do in order to restore balance in the Icelandic economy and lay out the foundations for a sustainable recovery. The key recommendations are to seek entry in the euro area and implement the fiscal consolidation measures necessary to comply with the IMF programme.
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  • 88
    Language: English
    Pages: 32 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.738
    Keywords: Economics
    Abstract: The crisis that originated in mid-2007 in the United States and deepened in September 2008 is the largest peace-time disruption of financial markets since the Great Depression. It was triggered by a number of factors, namely the large amount of lending to subprime borrowers, the expansion of securitisation resulting in a disconnect between loan originators and final investors, the questionable assessments of credit rating agencies and the unprecedented resort to off-balance sheet vehicles. These developments took place during a traditional credit boom and reinforced the skyrocketing of asset prices, erosion of lending standards and under-pricing of risk. The crisis had serious repercussions worldwide, particularly in Europe, given the global nature of financial markets. This paper begins by considering why the Japanese banking system was initially relatively resilient to the deterioration in the global financial system, although there were some secondary effects that are discussed in the following section. The third section outlines the emergency response of the Japanese authorities to the financial crisis, including quantitative measures by the central bank and other institutions and regulatory changes by the Financial Services Agency (FSA). At the same time, the authorities have taken steps to improve the regulatory framework. The fourth section goes beyond the crisis to consider policies to boost chronically low profitability in the banking sector. Measures to promote efficiency in the financial sector by upgrading capital markets and improving the range and quality of financial products are discussed in the following section.
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  • 89
    Language: English
    Pages: 25 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.718
    Keywords: Economics ; Euro Area
    Abstract: This paper analyses recent large movements in the yield spread for sovereign bonds as between Germany and other euro area countries. While the general increase in risk aversion that has characterised the financial crisis is an important factor on its own, it is found that this has also magnified the importance of fiscal performance, in particular as measured by the ratio of debt service to tax receipts and expected fiscal deficits. Moreover, there is evidence to suggest that such effects are non-linear, so that incremental deteriorations in fiscal performance lead to ever larger increases in the spread. These findings imply that financial market reaction could become an increasingly important constraint on fiscal policy for some countries, a feature which was much less apparent in the years prior to the financial crisis when general risk aversion was abnormally low.
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  • 90
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 38 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.741
    Parallel Title: Parallelausg. Comment réformer le système fiscal belge afin de renforcer l'expansion économique
    Keywords: Economics ; Belgium
    Abstract: Individual elements in Belgian tax system affect the growth process through different channels and to a varying degree. Consumption taxes are among the least distortive for growth, and there is considerable scope to increase the reliance on this tax source in Belgium. The Belgian differential taxation of saving vehicles distorts investment decisions, hampering the reallocation of capital towards its most productive use. However, the most distortive Belgian taxes are on labour through their effects on workers’ labour market decisions. Recognising the latter, the authorities have aimed at reducing taxation on labour. However, its level remains internationally high, reflecting numerous exemptions, which reduce tax bases and thus require higher tax rates than otherwise. To promote labour market prospects for individual groups on the labour market, wage subsidies and social security contribution reductions have been used extensively, leading to a complex system, often poorly targeted and at times subject to conflicting objectives. The end result is that the interaction between the personal income tax, the social security contributions, and the generous benefit systems has created a multitude of labour market traps which hold back employment. New tax reforms are constrained by the large and growing fiscal sustainability problem, implying that, unless substantial expenditure cuts are implemented, new tax reforms must be self-financed. This can be achieved by shifting the reliance of the tax system towards the least distortive sources and by broadening tax bases to allow lower tax rates. This Working Paper relates to the 2009 OECD Economic Survey of Belgium (www.oecd.org/eco/surveys/belgium).
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  • 91
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 76 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.715
    Keywords: Economics
    Abstract: Economic growth is the basis of increased prosperity. This makes the attainment of growth a key objective for governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon economic decisions and through productive public expenditures. This paper surveys the empirical analysis of disaggregate data on growth. The aim is to identify how economic policy can affect the choices that have been identified as influences upon the rate of growth.
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  • 92
    Language: English
    Pages: 27 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.710
    Keywords: Economics ; Indonesia
    Abstract: The Indonesian labour market is characterised by widespread informality. To some extent, these outcomes can be attributed to a sharp increase in the real value of the minimum wage since 2001, when minimum-wage setting was decentralised to the provincial governments. To test this hypothesis, this paper uses survey data on the labour market (Sakernas), household income and expenditure (Susenas) and the industrial sector (Survei Industri) to construct a district-level dataset spanning the period 1996 to 2004. The effects of changes in the minimum wage on unemployment, formal-sector employment and the incidence of informality in urban areas are estimated separately by fixed effects and jointly by a seemingly unrelated regression (SUR) estimator. Our findings show that an increase in the minimum-to-mean wage ratio is associated with a net increase in employment: a rise in informal-sector employment more than compensates for job losses in the formal sector. This Working Paper relates to the 2008 OECD Economic Assessment of Indonesia (www.oecd.org/eco/surveys/indonesia).
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  • 93
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.686
    Keywords: Economics
    Abstract: Investment in network infrastructure – the energy, water, transport and telecommunication networks – which performs a vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always better. While the paper shows that investment in the network industries has had a positive effect over and above the addition to the capital stock, there is evidence that investment in the past has sometimes been misallocated. This paper identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of infrastructure. Central aspects of this framework are identified as a robust decision making process, improving the selection of investment projects, the introduction of competitive pressures through the reduction of barriers to entry and vertical separation when this is appropriate. In addition, efficient investment can be promoted by the combination of regulator independence and the application of incentive regulation.
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  • 94
    Language: English
    Pages: 42 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.672
    Keywords: Economics ; Korea, Republic of
    Abstract: A well-functioning labour market is essential to sustain rapid economic growth in the face of population ageing. Priorities are to reverse the rising share of non-regular workers, which has negative implications for both growth and equity, and encourage greater employment of women and youth, who are under-represented in the labour force. Attracting more women to employment requires increasing the availability of childcare, strengthening maternity leave and creating more family-friendly workplaces. Youth employment rates should be boosted by upgrading tertiary education through stronger competition and closer links to enterprises to reduce mismatches. Educational reform should be extended to elementary and secondary schools to enhance efficiency and decrease the burden of private tutoring. The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.
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  • 95
    Language: English
    Pages: 40 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.706
    Keywords: Economics
    Abstract: This paper analyses trends in and driving forces of the revenue composition of sub-central governments (SCG). Between 1995 and 2005 the share of SCG in total government spending increased from 31 to 33%, while the SCG tax share remained stable at around 17%, increasing SCG’s dependence on intergovernmental grants. While equal access to public services is the most common justification for such grants, the grant systems of most countries are much larger than required by equalization. Moreover, rather than smoothing out SCG revenue fluctuations over the cycle, grants often tend to exacerbate them. Finally, there is some evidence that grants reduce SCG tax raising effort, inflate SCG spending and increase SCG deficits and debt. The economic crisis will both sharply reduce SCG’s own tax revenues and – via budget constraints at the central level – increase pressure on the grant system. The crisis could hence help rethink the SCG revenue mix, their tax structure and the size and design of intergovernmental transfers.
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  • 96
    Language: English
    Pages: 128 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.701
    Keywords: Economics
    Abstract: This paper examines the cost of a range of national, regional and global mitigation policies and the corresponding incentives for countries to participate in ambitious international mitigation actions. The paper illustrates the scope for available instruments to strengthen these incentives and discusses ways to overcome barriers to the development of an international carbon price, based on the quantitative assessment from two global and sectorially-disaggregated CGE models. Key step towards the emergence of a single international carbon price will most likely involve the phasing out of subsidies of fossil fuel consumption and various forms of linking between regional carbon markets, ranging from direct linking of existing emission trading systems to more indirect forms through the use of sectoral crediting mechanisms. The paper discusses regulatory issues raised by the expansion of emission trading and crediting schemes as well as the complementary contribution of non-market based instruments such as the imposition of technical standards and R&D policies. Finally, the paper emphasises the important role of international transfers, not least to overcome the relatively strong economic incentives in some countries to free ride on other regions mitigation actions. While they can take various explicit or implicit forms, transfers made primarily through market mechanisms, for instance via the allocation of binding emission reduction commitments across countries, would be most cost-effective.
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  • 97
    Language: English
    Pages: 74 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.702
    Keywords: Economics
    Abstract: This paper uses WITCH, an integrated assessment model with a game-theoretic structure, to explore the prospects for, and the stability of broad coalitions to achieve ambitious climate change mitigation action. Only coalitions including all large emitting regions are found to be technically able to meet a concentration stabilisation target below 550 ppm CO2eq by 2100. Once the free-riding incentives of non-participants are taken into account, only a “grand coalition” including virtually all regions can be successful. This grand coalition is profitable as a whole, implying that all countries can gain from participation provided appropriate transfers are made across them. However, neither the grand coalition nor smaller but still environmentally significant coalitions appear to be stable. This is because the collective welfare surplus from cooperation is not found to be large enough for transfers to offset the free-riding incentives of all countries simultaneously. Some factors omitted from the analysis, which might improve coalition stability, include the co-benefits from mitigation action, the costless removal of fossil fuel subsidies, as well as alternative assumptions regarding countries’ bargaining behaviour.
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  • 98
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.694
    Keywords: Economics ; European Union
    Abstract: High expectations surrounded the two waves of eastward EU enlargement in 2004 and 2007, with the extension of the EU Internal Market being expected to deliver a substantial boost to economic growth in new and old member States alike. Indeed, considerable progress has been made, with existing evidence pointing to increased trade and FDI flows, enhanced east-west migration and a more stable macroeconomic environment. However, completion of the internal market is progressing at an uneven pace, and comparatively less progress can be seen in services industries, which provide over two-thirds of jobs and value added in the economy. Empirical estimates suggest that competition and trade-enhancing reforms in services industries could generate substantial productivity improvements across EU member economies. Over a period of 10 years, the predicted increase in labour productivity resulting from a bold reform package is around 10% for the average EU country, and new member States stand to gain even more. In addition to service-sector reform, priorities towards a more integrated EU internal market should include removing remaining barriers to labour mobility, improving transport infrastructure, mutual recognition of qualifications, and enhanced market integration of network industries. Finally, a more explicit use of benchmarking may help to enhance the momentum of future internal market reforms.
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  • 99
    ISBN: 9789264043695
    Language: Spanish
    Pages: Online-Ressource (210 p.)
    Edition: Segunda edición
    Parallel Title: Parallelausg. Measuring Capital - OECD Manual 2009; Second edition
    Parallel Title: Parallelausg. La mesure du capital - Manuel de l'OCDE 2009 ; Deuxième édition
    Parallel Title: Parallelausg. Measuring Capital - OECD Manual 2009: Second edition
    Parallel Title: Parallelausg. La mesure du capital - Manuel de l'OCDE 2009 : Deuxième édition
    Keywords: Economics
    Abstract: El capital –en particular el de tipo físico– juega varios roles en la vida económica: este constituye riqueza y provee de servicios en el proceso de producción. El capital es invertido, desinvertido y se deprecia llegando a ser obsoleto, y existe una cuestión de cómo medir todas estas dimensiones del capital en la industria y en las cuentas nacionales. El Manual del Capital revisado es la primera guía comprehensiva para los enfoques hacia la medición del capital. Este está dirigido a estadísticos, investigadores y analistas, y trata de dar asesoría práctica, mientras que provee una estructura teórica y un resumen de la literatura relevante. El Manual se presenta en tres partes –una primera parte–, con una descripción no técnica de los principales conceptos y de los pasos necesarios para la medición del capital; una segunda parte, dirigida a la implementación y una tercera parte, describiendo la teoría con una formulación matemática más completa del proceso de medición.
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  • 100
    Language: French
    Pages: Online-Ressource (38 S.) , 21 x 29.7cm
    Series Statement: Document de référence / Centre Conjoint de Recherche sur les Transports 2009-1
    Series Statement: OECD/ITF Joint Transport Research Centre Discussion Papers no.2009/01
    Keywords: Transport ; Graue Literatur
    Abstract: En cinquante années, la conteneurisation est devenue l’épine dorsale de la mondialisation. Ce processus peut s’expliquer par une interaction vertueuse entre trois grands types de facteurs : des facteurs techniques, économiques et organisationnels. En effet, la conteneurisation n’est à l’origine qu’une simple innovation technique. Mais le conteneur, outil intermodal, ouvre la voie à de nouveaux schémas organisationnels de transport qui s’inscrivent dans la durée. Ces facteurs organisationnels mettent en cause les acteurs du transport qui ont dû redéfinir les frontières de leur métier respectif, afin de mettre en oeuvre des chaînes de transport porte à porte fiables et globales par leur étendue géographique. Ces possibilités ouvertes par la conteneurisation seraient restées lettre morte, si elles n’avaient pas correspondu à de profonds bouleversements des facteurs économiques depuis les années 1970. La très forte croissance du commerce international des produits manufacturés, systématiquement supérieures à celle de l’ensemble du commerce international, elle-même supérieure à celle du PIB, caractérise une accentuation de la division internationale du travail qui n’était possible que sous-tendue par un puissant système de transport.
    Note: Engl. Ausg. u.d.T.: Frémont, Antoine: Empirical Evidence for Integration and Disintegration of Maritime Shipping, Port and Logistics Activities , Systemvoraussetzungen: Acrobat Reader.
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