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  • MPI Ethno. Forsch.  (52)
  • Jones, Randall Sidney  (30)
  • Menon, Carlo  (22)
  • Graue Literatur  (52)
  • Political science
  • 1
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    Labour market reform in Japan to cope with a shrinking and ageing population (2019)
    Paris, France : OECD
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 55 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1568
    Keywords: Economics ; Japan ; Amtsdruckschrift ; Graue Literatur
    Abstract: Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital. Abolishing the right of firms to set mandatory retirement – typically at age 60 – would enable employees to extend their careers and reduce the link between wages and seniority. It would also facilitate a further increase in the pension eligibility age above 65, thereby helping to reduce poverty among the elderly. Life-long learning is another key element to extending careers. It is also crucial to address a range of issues that discourage the employment of women, namely the lack of work-life balance and shortages of high quality and affordable childcare and long-term care for the elderly. Fighting discrimination and gender stereotypes is also important to allow women to assume greater leadership roles. Coping with population decline also requires pursuing recent efforts to increase the role of foreign workers in Japan. Breaking down labour market dualism is crucial to expand employment opportunities for women and older people, while reducing income inequality and relative poverty. This Working Paper relates to the 2019 OECD Economic Survey of Japan (http://www.oecd.org/economy/japan-economic-snapshot/)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/73665992-en
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  • 2
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    Levelling the playing field : dissecting the gender gap in the funding of start-ups (2019)
    [Paris] : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 54 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 73 (June 2019)
    Keywords: Science and Technology ; Amtsdruckschrift ; Graue Literatur
    Abstract: This report investigates the gender gap in the funding of innovative start-ups across OECD and BRICS countries using a detailed micro-dataset on start-ups and their founders. Results from empirical analysis show that start-ups with at least one woman in the team of founders are less likely to receive funding by 5-10%. When such start-ups do receive funding, they receive an amount lower by a third compared to start-ups created by male founders. Accounting for founders’ characteristics (their educational background and past professional experience) reduces the gap in likelihood to receive funding, but not the gap in funding amounts. A key conclusion is that addressing the gender gap will require a holistic approach, including through – but not restricted to – the education system. The paper concludes by a discussion of potential mechanisms that could explain the observed gap, presents policy options, and proposes an agenda for future research.
    DOI: 10.1787/7ddddd07-en
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  • 3
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    Meeting fiscal challenges in Japan's rapidly ageing society (2019)
    Paris, France : OECD
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 48 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1569
    Keywords: Economics ; Japan ; Amtsdruckschrift ; Graue Literatur
    Abstract: Japan’s gross government debt of 226% of GDP in 2018 is the highest ever recorded in the OECD area, and places the economy at risk. The government now aims to achieve a primary surplus by FY 2025. Additional fiscal consolidation, based on a detailed plan covering specific spending cuts and tax increases, is necessary to put the government debt ratio on a downward trend in the face of rapid population ageing. This is a very difficult task and a stronger fiscal framework would help keep policy on track to achieve fiscal targets. Controlling social spending requires making better use of healthcare resources, in p art by reducing overinvestment in hospitals and increasing the use of generic drugs. Another priority is ensuring the sustainability of local government spending, in part by reducing costs through the joint provision of local public services and infrastructure across jurisdictions and the development of compact cities in the context of depopulation in many parts of Japan. Increased revenue should come primarily from hikes in the consumption tax rate, which is among the lowest in the OECD. In addition, disincentives to employment in the tax and benefit system should be removed, as sustained economic growth is crucial to ensure fiscal sustainability. This Working Paper relates to the 2019 OECD Economic Survey of Japan (http://www.oecd.org/economy/japan-economic-snapshot/)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/7a7f4973-en
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  • 4
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    Public research and innovative entrepreneurship : preliminary cross-country evidence from micro data (2019)
    [Paris] : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 52 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 64 (March 2019)
    Keywords: Science and Technology ; Amtsdruckschrift ; Graue Literatur
    Abstract: This paper provides a first assessment of the degree to which public research contributes to innovative entrepreneurship, using data on start-ups and venture capital (VC). It looks at academic start-ups founded by recent undergraduates and doctorate students or researchers. It shows that academic start-ups represent 15% of all start-ups in the specific sample under scrutiny. Their share is higher in science-based technological fields such as biotechnology (23%). Across the majority of countries and technology fields, start-ups created by undergraduate students represent the highest share of all academic start-ups. As to their performance, start-ups founded by researchers are more likely to patent and those founded by students introduce innovations that are more radical compared to other start-ups. While start-ups founded by undergraduate students receive less VC funding and are less likely to exit via IPO or acquisition, those created by researchers are as successful as their non-academic counterparts.
    DOI: 10.1787/0d057da7-en
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  • 5
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    Structural adjustment, mass lay-offs and employment reallocation (2019)
    [Paris] : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 72 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 72 (May 2019)
    Keywords: Science and Technology ; Amtsdruckschrift ; Graue Literatur
    Abstract: This report investigates the factors associated with the intensity of “mass lay-offs” across countries and industries, controlling for the dynamics of overall employment. The results suggest that some important drivers of structural transformation (e.g. digitalisation and globalisation) are not as clearly linked to mass lay-offs as one might expect, once their impact on overall job destruction is accounted for. The report also investigates the re-employability prospects of workers in sectors at high risk of mass lay-offs. Finally, the paper draws implications for different areas of policymaking, from labour market policy to industrial policy and also trade policy.
    DOI: 10.1787/90b572f3-en
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  • 6
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    Portrait of innovative startups across countries (2018)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 61 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry working papers 2018, 02
    Series Statement: OECD science, technology and industry working papers
    Keywords: Unternehmensgründung ; Innovation ; Risikokapital ; Unternehmer ; Geschlecht ; OECD-Staaten ; Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The report presents new cross-country descriptive evidence on innovative start-ups and related venture capital investments drawing upon Crunchbase, a new dataset that is unprecedented in terms of scope and comprehensiveness. The analysis employs a mix of different statistical techniques (descriptive graphics, econometric analysis, and machine learning) to highlight a number of findings. First, there are significant cross-country differences in the professional and educational background of start-ups’ founders, notably the share of founders with previous academic experience and in the share of “serial entrepreneurs”. Conversely, the founders’ average age is rather constant across countries, but shows a fair degree of variability across sectors. Second, IP assets, and in particular the presence of an inventor in the team of founders, are strongly associated with start-ups’ success. Finally, female founders are less likely to receive funding, receive lower amounts when they do receive financing, and have a lower probability of successful exit, when other factors are controlled for.
    DOI: 10.1787/f9ff02f4-en
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  • 7
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    Industrial robotics and the global organisation of production (2018)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry working papers 2018, 03
    Series Statement: OECD science, technology and industry working papers
    Keywords: Roboter ; Automatisierte Produktion ; Produktionsorganisation ; Welt ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Increased robot use, fuelled by price declines and the increased dexterity of these machines, is expected to affect existing/future production technologies and the organisation of production within GVCs. In order to safeguard their competitiveness in an increasingly digitalised global economy, governments across OECD and emerging economies are implementing a range of policy measures/programmes to support the investment in and use of robotics. This paper assesses the extent to which robotics impact the organisation of production through offshoring and backshoring. The results indicate that the use of industrial robots in developed economies appears to be slowing the offshoring rates, although it is not yet prompting firms to bring jobs back home. However, the effect is very recent, especially in labour-intensive sectors, and not yet apparent in developing countries. The findings suggest the rate of global value chain expansion may be slower than in the past.
    DOI: 10.1787/dd98ff58-en
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  • 8
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    Reforming the large business groups to promote productivity and inclusion in Korea (2018)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1509
    Keywords: Konglomerat ; Großunternehmen ; Corporate Governance ; Eigentümerstruktur ; Südkorea ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Graue Literatur
    Abstract: Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting. The concentration of economic power creates a number of problems and risks. Ensuring a level-playing field between the business groups, also called chaebols, and SMEs and start-ups is essential to promote innovation and inclusive growth. While the business groups have long been subject to a number of special regulations, a comprehensive strategy is needed. The top priority is to improve corporate governance by strengthening the role of outside directors and protecting minority shareholders. A greater say for institutional investors and more active use of private remedies, such as class action suits, would also be beneficial. In addition, strengthening competition by reducing barriers to trade and FDI and activating a market for corporate control would lead to better performance by the groups. The ownership structure of the groups needs to be improved, notably by phasing out circular shareholding among their affiliates. This Working Paper relates to the 2018 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/economic-survey-korea.htm)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/9e9052b5-en
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  • 9
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    Enhancing dynamism in SMEs and entrepreneurship in Korea (2018)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1510
    Keywords: KMU ; Unternehmensgründung ; Digitalisierung ; Innovationssystem ; Öffentlicher Auftrag ; Risikokapital ; Business Angels ; Technologiepark ; Produktivitätsentwicklung ; Insolvenz ; Südkorea ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Graue Literatur
    Abstract: Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies. The large-scale support for SMEs should shift from supporting the survival of firms to raising productivity. Measures to accelerate SMEs' take-up of new technology and increase their participation in international trade would boost productivity and inclusive growth. Given the chronic labour shortages facing SMEs, reforming the education system to reduce labour market mismatch is a priority. Relaxing the regulatory burden and government control would allow innovative SMEs to create new products and services. Entrepreneurship is lagging, reflecting a higher fear of failure and a lack of skills in Korea. Upgrading entrepreneurship education and lowering the personal costs faced by entrepreneurs who fail would be beneficial. A greater role for venture capital, in part by activating the M&A market to allow investors to recuperate their funds, would encourage firm creation. This Working Paper relates to the 2018 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/economic-survey-korea.htm)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/ced4b0e9-en
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  • 10
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    The evaluation of the Italian “Start-up Act” (2018)
    [Paris] : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 89 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 54 (September 2018)
    Keywords: Science and Technology ; Industry and Services ; Italy ; Amtsdruckschrift ; Graue Literatur
    Abstract: The report provides an independent and comprehensive evaluation of the economic and social impact of the Italian policy framework for innovative start-ups, also known as the “Start-up Act”, first introduced by the Decree-law 179 in 2012. The policy aims at creating a more favourable environment for small innovative start-ups through a number of complementary instruments, including “fast-track” and zero cost incorporation, simplified insolvency procedures, tax incentives for equity investments, and a public guarantee scheme for bank credit. While the report focuses only on Italy, the “Start-up Act” can be seen as a very useful “laboratory” to inform policies for innovative entrepreneurship across OECD member countries. The evaluation highlights that the impact of the policy on beneficiary firms has been positive overall, but that complementary policy actions in other areas are required in order to further realise the full potential of Italian innovative start-ups.
    DOI: 10.1787/02ab0eb7-en
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  • 11
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    Ensuring fiscal sustainability in Japan in the context of a shrinking and ageing population (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 55 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1413
    Keywords: Finanzpolitik ; Öffentliche Schulden ; Soziale Sicherheit ; Verbrauchsteuer ; Schuldenmanagement ; Politikberatung ; Armut ; Soziale Ungleichheit ; Rentenpolitik ; Gesundheitsversorgung ; Häusliche Pflege ; Steuervergünstigung ; Japan ; Abenomics ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: With gross government debt of 219% of GDP in 2016, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. In addition to raising productivity and growth, Japan needs a more detailed and credible fiscal consolidation path, including specific revenue increases and measures to control spending to restore fiscal sustainability. Spending pressures associated with rapid population ageing make reforms to contain social expenditures a priority. Local governments need to be part of the effort to contain public spending in the context of a shrinking population. Much of the consolidation, though, will have to be on the revenue side, primarily through hikes in the consumption tax rate toward the OECD average and a broadening of the personal income tax base. Fiscal consolidation should be accompanied by measures to promote inclusive growth through the tax and benefit system, in particular by introducing an earned income tax credit to assist the working poor, hiking the tax on capital income and broadening the base of the inheritance tax. This Working Paper relates to the 2017 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/economic-survey-japan.htm)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/6c1673d2-en
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  • 12
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    Matching crunchbase with patent data (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 21 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry working papers 2017, 07
    Series Statement: OECD science, technology and industry working papers
    Keywords: Datenbank ; Patent ; Crunchbase ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This note describes a procedure to match companies and individuals listed in Crunchbase, a new database on innovative start-ups and companies, with patent applicants and inventors reported in PATSTAT, the worldwide intellectual property database maintained by the European Patent Office. Given that neither administrative nor other unique identifiers are available in either of the two databases, the matching is based on a “fuzzy” procedure that exploits the available overlapping information across the two databases. A general overview of the resulting database completes the note.
    DOI: 10.1787/15f967fa-en
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  • 13
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    Using crunchbase for economic and managerial research (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 29 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry working papers 2017, 08
    Series Statement: OECD science, technology and industry working papers
    Keywords: Datenbank ; Unternehmensgründung ; Gründungsfinanzierung ; Risikokapital ; Patent ; Crunchbase ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This note describes a new database on innovative start-ups and companies, called Crunchbase, with a focus on its potential for economic and managerial research. Crunchbase is rapidly being discovered by scholars from different fields. It has notably already informed studies on specific sectors as well as studies of networks in the start-up ecosystem. This note first describes the contents of Crunchbase and then reviews academic research that has used it. We further suggest that many more valuable avenues for economic and managerial research can be opened through the combination of Crunchbase with selected supplementary data sources and provide two such examples.
    DOI: 10.1787/6c418d60-en
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  • 14
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    Innovation, patent location and tax planning by multinationals (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 27 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1360
    Keywords: Multinationales Unternehmen ; Unternehmensbesteuerung ; Innovationsmanagement ; IP-Management ; Steuerplanung ; Steuerrecht ; OECD-Staaten ; G20-Staaten ; BEPS, multinational enterprises, tax planning, patents, corporate taxation, research and development ; Taxation ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper assesses the effect of international differences in taxes on the choice of patent location by multinational enterprises (MNEs). The analysis is based on a large sample of patents and firms from the OECD-PATSTAT and OECD-ORBIS databases over 2004-10. The approach is to compare the number of patent applications of MNE entities with different links to other countries and thus different sets of location choices, while controlling for other factors affecting patenting behaviour. The results suggest that lower corporate taxes, either in the form of a lower statutory rate or a preferential intellectual property regime, are associated with more patent applications. Both the location of research activities, which is proxied by the location of patent inventors, and the legal ownership of patents are found to be sensitive to corporate taxes. For instance, a 5 percentage point cut in the preferential tax rate on patent income is associated with a 6% increase in patent applications. On average, about two-thirds of the increase comes from patents invented at home and one third from patents invented abroad, but the relative importance of these two effects is likely to vary with the design of the preferential regime and especially the existence of activity requirements. In addition, strong anti-avoidance measures against tax planning are found to reduce patent shifting by MNEs.
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/b08459e5-en
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  • 15
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    Making policy evaluation work : the case of regional development policy (2017)
    [Paris] : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 35 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 38 (April 2017)
    Keywords: Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The paper presents a critical discussion of ex-post impact evaluation of policies that affect regional economic development, with a particular emphasis on drawing useful implications for policy making. In particular, it discusses the importance of setting clear and measurable objectives in designing policies and the need for equally clear policy levers; it highlights the main advantages of “counterfactual” evaluation; it analyses the methodological specificities of the evaluation of programmes that have a regional or urban dimension; and it provides a survey of some of the most relevant examples in the empirical economics literature. The ultimate goal is to “bridge” the perceived distance between policy discussions on the one side, and academic debates on the other. Some specific recommendations conclude the report.
    DOI: 10.1787/c9bb055f-en
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  • 16
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    The impact of road infrastructure investment on incumbent firms in Korea (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 25 Seiten) , Illustrationen
    Series Statement: OECD regional development working papers 2017, 01
    Keywords: Straßenbau ; Verkehrsinfrastruktur ; Infrastrukturinvestition ; Produktivitätsentwicklung ; Unternehmen ; Erwerbstätigkeit ; Südkorea ; Urban, Rural and Regional Development ; Korea, Republic of ; Arbeitspapier ; Graue Literatur
    Abstract: This paper develops an indicator that combines the area that residents can reach within a certain time of travel with population density to create a proxy for “accessibility”, i.e. access to employment and consumption opportunities. Using a large scale firm level dataset, with nearly one million firm year observations over 14 years, the paper quantifies the link between firm-level outcomes and the change in accessibility in Korea due to the expansion of the network of major roads. The results suggest that the most productive firms benefited in terms of employment, output, and productivity, as accessibility improved. For the majority of incumbent firms, improved accessibility leaves most balance sheet variables broadly unaffected, but is associated with a decrease in fixed assets. The estimates also suggest that there was little job displacement, with the exception of service sectors where employment increased in response to improved local accessibility and declined for long distance accessibility.
    DOI: 10.1787/e72fdcb6-en
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  • 17
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    Tax planning by multinational firms : firm-level evidence from a crosscountry database (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 64 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1355
    Keywords: Multinationales Unternehmen ; Unternehmensbesteuerung ; Steuerplanung ; Steuerrecht ; OECD-Staaten ; G20-Staaten ; Taxation ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper exploits firm-level data from the ORBIS database to assess international tax planning by multinational enterprises (MNEs). Profit shifting to lower-tax rate countries is measured by comparing the profitability of MNE entities having different links to countries with different tax rates and thus different profit shifting opportunities. The paper also considers other aspects of tax planning that have been less documented in the empirical literature, such as the exploitation of mismatches between tax systems and preferential tax regimes, by comparing how profits reported by MNE entities are taxed relative to non-multinational entities with similar characteristics. The analysis builds on available unconsolidated financial account data, which, despite its limitations, is considered as the best existing cross-country firm-level data. Results are based on a very large sample of firms (1.2 million observations of MNE accounts) in 46 OECD and G20 countries and a sophisticated procedure to identify MNE groups. They provide robust evidence that MNEs shift profits to lower-tax rate countries and that large MNEs also exploit mismatches between tax systems and preferential tax treatment to reduce their tax burden. Overall, the estimated net tax revenue loss ranges from 4% to 10% of global corporate tax revenues. The empirical analysis also shows that strong “anti-avoidance” rules against tax planning are associated with reduced profit shifting, but also higher compliance costs for firms.
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/9ea89b4d-en
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  • 18
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    Boosting productivity for inclusive growth in Japan (2017)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 50 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1414
    Keywords: Produktivitätsentwicklung ; Einkommensverteilung ; Marktaustritt ; Insolvenz ; Entrepreneurship ; Regulierung ; Corporate Governance ; Innovation ; KMU ; Arbeitsmarktsegmentation ; Humankapital ; Japan ; Abenomics ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area. The two challenges have some common origins, including a widening productivity and wage gap between leading firms and those that are lagging. This creates scope for positive synergy between policies to promote productivity and inclusive growth. Exit policy should be improved to facilitate the closure of non-viable firms, whose survival hampers the growth of viable firms in Japan. This would also increase firm entry, along with policies to promote entrepreneurship. The growing gap between small and medium-sized enterprises and large firms also needs to be addressed. Breaking down labour market dualism, which limits human capital accumulation by non-regular workers and contributes to earnings and income inequality, is also a priority. Finally, ensuring appropriate skills, including those needed for digitalisation, would help support higher productivity and inclusive growth. This Working Paper relates to the 2017 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/economic-survey-japan.htm)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/0748e0bc-en
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  • 19
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    Labour market reforms in Korea to promote inclusive growth (2016)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 49 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1325
    Keywords: Arbeitsmarktreform ; Soziale Integration ; Atypische Beschäftigung ; Soziale Sicherheit ; Arbeitsmarktintegration ; Junge Arbeitskräfte ; Ältere Arbeitskräfte ; Südkorea ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons. In addition to reducing income inequality and poverty, such reforms would also sustain economic growth as Korea’s working-age population begins to decline in 2017. Breaking down labour market duality is crucial to reduce the wide wage disparity. Better conditions for non-regular workers would in turn promote greater labour participation. Increasing the take-up of maternity and parental leave, expanding the availability of high-quality childcare, reducing working time, narrowing the large gender wage gap and eliminating discrimination would also increase opportunities for women. Boosting youth employment from its current low level requires addressing labour market mismatch by better aligning the skills learned in school with those demanded by employers. Reducing the emphasis on seniority in setting wages by moving to more flexible systems and expanding training to improve the skills of older persons would allow them to extend their careers, thereby reducing old-age poverty.
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/5jlr3cvdf35k-en
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  • 20
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    Reshoring : myth or reality? (2016)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 34 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 27
    Keywords: Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The news that companies in OECD economies are increasingly bringing manufacturing activities back home has attracted a lot of attention in recent years. Headline cases of a number of large multinational companies have given increased visibility to the phenomenon of reshoring in the economic press, academic research and policy discussions.. The debate on re-shoring (often also called “backshoring”, “nearshoring”, “onshoring”) is very lively with some even arguing that the time of offshoring has come to an end. But considerable disagreement exists about how important this trend actually is for economies in particular the number of jobs that reshoring is supposed to bring back. While policy makers in OECD economies hope that reshoring might help to revitalise their slumping manufacturing industries, the rationale for policy measures around reshoring is not clear-cut.
    DOI: 10.1787/5jm56frbm38s-en
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  • 21
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    No country for young firms? : start-up dynamics and national policies (2016)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 60 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 29
    Keywords: Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper provides new cross-country evidence on the links between national policies and the growth patterns of start-ups. In particular, it compares for the first time the heterogeneous effects of national policies on entrants and incumbents, within the same country, industry, and time period. A number of key facts emerge. First, start-ups in volatile sectors and in sectors that exhibit higher growth dispersion are significantly more exposed to national policies than start-ups in other sectors. Second, start-ups are systematically more exposed than incumbents to the policy environment and national framework conditions. Third, the results suggest that timely bankruptcy procedures and strong contract enforcement are key to establishing a dynamic start-up environment.
    DOI: 10.1787/5jm22p40c8mw-en
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  • 22
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    Raising Korea's productivity through innovation and structural reform (2016)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 50 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1324
    Keywords: Produktivitätsentwicklung ; Regulierung ; Technologiepolitik ; Humankapital ; Mittelstandspolitik ; Südkorea ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Raising productivity requires addressing a wide range of policies that affect resource allocation, the creation and diffusion of technology, human capital and the creation and financing of start-ups. The greatest gains can be achieved in the service sector and in SMEs, where productivity has fallen to less than a third of large firms. Regulatory reform, increased international openness and labour flexibility would support such reallocation and technology diffusion. Korea’s large investment in R&D and education should be leveraged to raise productivity by enhancing university and public research and strengthening its links with the business sector and global innovation networks. To take advantage of innovation, the relatively low skill levels of workers above age 35 calls for increased lifelong learning. Perhaps most important, it is essential to shift SME policies away from promoting the survival of firms and towards productivity gains. Given market failures in indirect financing, developing capital markets, including venture capital investment, is a priority to boost firm creation. This Working Paper relates to the 2016 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/economic-survey-korea.htm)
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/5jlr3tl19gkd-en
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  • 23
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    Enhancing dynamism and innovation in Japan's business sector (2015)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (51 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1261
    Keywords: Deregulierung ; Risikokapital ; Technologiepolitik ; Geldpolitik ; Stabilisierungspolitik ; Finanzpolitik ; Japan ; Environment ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Innovation is key to boosting economic growth in the face of a rapidly ageing population. While Japan spends heavily on education and R&D, appropriate framework conditions are essential to increase the return on such investments by strengthening competition, both domestic and international, and improving resource allocation. Upgrading corporate governance would encourage firms to maximise profits and invest their large cash reserves. To promote open innovation in a global framework, it is necessary to improve universities and expand their role in business R&D, while increasing international collaboration in R&D from its current low level. Venture capital-backed firms and start-ups should play a key role in commercialising innovation. To make venture investment a growth driver, it is important to expand the role of business angels and foster entrepreneurship. SMEs, which account for 70% of employment, should contribute more to innovation.
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    DOI: 10.1787/5jrtpbtkbhs1-en
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  • 24
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    Identifying and inducing breakthrough inventions : an application related to climate change mitigation (2015)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (50 S.) , graph. Darst.
    Series Statement: OECD science, technology and industry working papers 2015/04
    Series Statement: OECD science, technology and industry working papers
    Keywords: Klimapolitik ; Klimaschutz ; Technischer Fortschritt ; Nachhaltige Entwicklung ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. However, very little is known about the conditions which are likely to give rise to breakthrough technologies. This paper seeks to uncover attributes of inventions – as reflected in patent data – which serve as “leading indicators” of subsequent technological and market development in climate change mitigation technologies. The role of industrial generality emerges as being robustly correlated with subsequent technological diffusion, whether measured as subsequent patent counts, commercial applicability, or attractiveness to risk finance. The indicator of closeness to science shows also a positive association with later technological diffusion. Originality and radicalness have more ambiguous results. This work can be seen as a foundation for the future development of a methodology providing guidance to policymakers in the choices made with respect to public support for different technological fields.
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    DOI: 10.1787/5js03zd40n37-en
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  • 25
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    Achieving fiscal consolidation while promoting social cohesion in Japan (2015)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (40 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1262
    Keywords: Soziale Sicherheit ; Gesundheitsversorgung ; Geldpolitik ; Stabilisierungspolitik ; Finanzpolitik ; Japan ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability. The major concern on the spending side are social spending pressures in the context of rapid population ageing, making reforms to contain such spending a priority. Much of the consolidation, though, will have to be on the revenue side, primarily through hikes in the consumption tax rate beyond the 10% now planned for 2017. Fiscal consolidation should be accompanied by measures to promote social cohesion through the tax and benefit system and by breaking down labour market dualism. In particular, an earned income tax credit is a priority to assist the working poor.
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    DOI: 10.1787/5jrtpbs9fg0v-en
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  • 26
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    Cross-country evidence on start-up dynamics (2015)
    Paris : OECD
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    Language: English
    Pages: Online-Ressource (59 S.) , graph. Darst.
    Series Statement: OECD science, technology and industry working papers 2015/06
    Series Statement: OECD science, technology and industry working papers
    Keywords: Unternehmensgründung ; Erwerbstätigkeit ; Unternehmenswachstum ; Unternehmenserfolg ; Vergleich ; OECD-Staaten ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The report provides a description of start-up dynamics exploiting the richness of the recently collected DynEmp v.2 database. The contribution of new firms in terms of new jobs to the existing workforce can be expressed as a combination of four different elements: the start-up rate; the average size of firms at point of entry; the survival rate; and the average growth rate of survivors. This decomposition shows that the four elements interplay in very different ways, even across economies with similar aggregate start-up contributions. The most homogenous component across countries is the survival rate, which is equal to just above 60% after three years from entry, to about 50% after five years, and to just over 40% after seven years. Furthermore, in most countries the probability of exiting is highest at the age of two, and decreases (linearly) beyond that age. When looking at employment growth of surviving businesses, it is found that the large majority of surviving micro start-ups do not grow; however, the tiny proportion of small start-ups which do grow creates a disproportionate amount of jobs.
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    DOI: 10.1787/5jrxtkb9mxtb-en
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  • 27
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    Fostering a creative economy to drive Korean growth (2014)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (38 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1152
    Keywords: Übernahme ; Unternehmensgründung ; Gründungsförderung ; Crowdfunding ; Konglomerat ; Business Angels ; Forschung ; KMU ; Regulierung ; Entrepreneurship ; Bankgarantie ; Technologiepolitik ; Immaterielle Werte ; Risikokapital ; Südkorea ; Economics ; Industry and Services ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading universities and expanding their role in business R&D, while increasing international collaboration in R&D from its current low level. The returns from Korea’s large investment in innovation should be enhanced by improving framework conditions – easing product market regulations, promoting international competition and enhancing labour market flexibility – to encourage the adoption of new technology. Venture businesses and start-ups should play a key role in commercialising innovation. To make venture investment a growth driver, it is important to expand the role of business angels, activate the merger-and-acquisition market and foster entrepreneurship. A creative economy also depends on making SMEs, which account for 87% of employment, more dynamic. SME policies should be streamlined and improved to promote market-based financing and reduce the negative effects of government funding programmes, which discourage the expansion of SMEs. The growth of small firms also depends on resolving labour market mismatches and taking full advantage of the opportunities afforded by the Internet. This Working Paper relates to the 2014 OECD Economic Survey of Korea (www.oecd.org/eco/economic-survey-korea.htm).
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    DOI: 10.1787/5jz0wh8xkrf6-en
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  • 28
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    DynEmp : a Stata® routine for distributed micro-data analysis of business dynamics (2014)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (21 S.)
    Series Statement: OECD science, technology and industry working papers 2014/02
    Series Statement: OECD science, technology and industry working papers
    Keywords: Mikrodaten ; Datenverarbeitung ; Software ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper introduces a new Stata® command, dynemp, which implements a distributed micro-data analysis of business and employment dynamics and firm demographics. The data source it requires are business registers or comparable firm- or establishment- level longitudinal databases which cover the (near-) universe of companies in all business sectors. Access to such confidential data is usually restricted and the micro-level data cannot be brought together to a single platform for cross-country analysis. To solve this confidentiality problem while also maintaining a high level of harmonisation of the key economic concepts (gross job flows, growth rates of employment, definition of high-growth firms, etc.), dynemp can be distributed in a network of researchers who have access to the national confidential microdata. In such manner, the rich firm-level employment dynamics can be analysed from new angles (such as firm age and size), significantly expanding the scope of the analysis insofar possible using more aggregated data.
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    DOI: 10.1787/5jz40rscddd4-en
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  • 29
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    Renewable energy policies and cross-border investment : evidence from mergers and acquisitions in solar and wind energy (2014)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (34 S.) , graph. Darst.
    Series Statement: OECD science, technology and industry working papers 2014/03
    Series Statement: OECD science, technology and industry working papers
    Keywords: 2005 - 2011 ; Förderung erneuerbarer Energien ; Auslandsinvestition ; Erneuerbare Energie ; Energiewirtschaft ; Portfolio-Management ; Übernahme ; Energy ; Environment ; Finance and Investment ; Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. The analysis explores the dataset on M&As in alternative energy sources worldwide over 2005-2011. The results suggests that FITs encourage more diversified M&A than RECs. With respect to foreign investment, the study finds a linear relationship between FITs and cross-border M&As in the wind energy sector, but an inverted U-shaped relationship in the solar energy sector. One possible explanation for the latter may lie in reduced policy credibility due to the public finance implications of ‘generous’ FITs. Another possible explanation for this finding concerns the use of high solar FITs by countries whose natural conditions provide little comparative advantage in solar energy, suggesting that low profitability and limited potential of solar energy in those countries might have deterred the entry of foreign investors.
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    DOI: 10.1787/5jxv9f3r9623-en
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  • 30
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    Reducing the high rate of poverty among the elderly in Korea (2014)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (33 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1163
    Keywords: Alternde Bevölkerung ; Altersarmut ; Altersvorsorge ; Grundbedürfnisse ; Südkorea ; Social Issues/Migration/Health ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: One-half of Korea's population aged 65 and over lives in relative poverty, nearly four times higher than the OECD average of 13%. Elderly poverty is thus an urgent social problem. The immediate priority is to target the Basic Old-Age Pension on the lowest-income elderly to ensure that they escape from absolute poverty. The Basic Livelihood Security Programme should be used to top up the income of poor elderly by further relaxing eligibility requirements. In addition, reforms are needed to develop an effective three-pillar system of retirement income based on the National Pension Scheme (NPS), company pensions and individual savings. Making the NPS more effective in reducing elderly poverty requires expanding its coverage, focusing on improved compliance among non-regular and self-employed workers, lengthening average contribution periods and maintaining the NPS replacement at around 50%, keeping it close to the OECD average. The increase in the contribution rate should begin as soon as possible, as delays would only make the necessary increase larger. This Working Paper relates to the 2014 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/economic-survey-korea.htm)
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    DOI: 10.1787/5jxx054fv20v-en
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  • 31
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    Promoting the financing of SMEs and start-ups in Korea (2014)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (37 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1162
    Keywords: KMU ; Kreativsektor ; Unternehmensgründung ; Risikokapital ; Crowdfunding ; Business Angels ; Börsengang ; Entrepreneurship ; Übernahme ; Südkorea ; Economics ; Industry and Services ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role. However, the venture capital market is still at an early stage of development. To make venture investment a growth driver, it is important to expand the role of business angels, activate the merger-andacquisition market and foster entrepreneurship. A creative economy also depends on making SMEs, which account for 87% of employment, more dynamic. The productivity gap between large firms and SMEs, which benefit from a wide range of public support, is widening. SME policies should be streamlined and improved to promote market-based financing and reduce the negative effects of government funding programmes, which discourage the expansion of SMEs.
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    DOI: 10.1787/5jxx054bdlvh-en
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  • 32
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    Addressing high household debt in Korea (2014)
    Paris : OECD, Economics Dep.
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    Language: English
    Pages: Online-Ressource (38 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1164
    Keywords: 2012 ; Private Verschuldung ; Umschuldung ; Südkorea ; Finance and Investment ; Social Issues/Migration/Health ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%. In addition to the economic impact and the risk to the financial sector, it raises social cohesion issues, as households with low income and credit ratings have limited access to financial markets and many are delinquent on their loans. It is essential to induce the soft-landing of household debt through a two-track approach: i) offering credit to households with low income and credit ratings and restructuring their debt, while limiting moral hazard and developing market-based lending; and ii) containing the risk caused by high household debt by strengthening prudential measures for financial institutions and improving mortgage lending by reducing the share of floating-rate and “bullet repayment” loans. This Working Paper relates to the 2014 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/economic-survey-korea.htm)
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    DOI: 10.1787/5jxx0558mfbv-en
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  • 33
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    The dynamics of employment growth : new evidence from 18 countries (2014)
    Paris : OECD Publishing
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    Language: English
    Pages: 1 Online-Ressource (circa 96 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 14
    Keywords: Employment ; Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Motivated by the ongoing interest of policy makers in the sources of job creation, this paper presents results from a new OECD project on the dynamics of employment (DynEmp) based on an innovative methodology using firm-level data (i.e. national business registers or similar sources). It demonstrates that among small and medium sized enterprises (SMEs), young firms play a central role in creating jobs, whereas old SMEs tend to destroy jobs. This pattern holds robustly across 17 OECD countries and Brazil, extending recent evidence found in the United States. The paper also shows that young firms are always net job creators throughout the business cycle, even during the financial crisis. During the crisis, entry and post-entry growth by young firms were affected most heavily, although downsizing by old firms was responsible for most job losses. The results also highlight large cross-country differences in the growth potential of young firms, pointing to the role played by national policies in enabling successful firms to create jobs.
    DOI: 10.1787/5jz417hj6hg6-en
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  • 34
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    Environmental policies and risk finance in the green sector : cross-country evidence (2014)
    Paris : OECD
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    Language: English
    Pages: Online-Ressource (42 S.) , graph. Darst.
    Series Statement: OECD science, technology and industry working papers 2014/01
    Series Statement: OECD science, technology and industry working papers
    Keywords: 2005 - 2010 ; Öko-Produkt ; Risikokapital ; Umweltpolitik ; Vergleich ; OECD-Staaten ; BRICS-Staaten ; Environment ; Finance and Investment ; Science and Technology ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 OECD and BRIICS countries over the period 2005-2010 and identifying the role that policies might have in shaping high-growth investments in this sector. Results are drawn from a comprehensive deal-level database of businesses seeking financing in the green industry combined with indicators of renewable policies and government R&D expenditures. The results suggest that both supply-side policies and environmental deployment policies, designed with a long-term perspective of creating a market for environmental technologies, are associated with higher levels of risk finance relative to more short-term fiscal policies, such as tax incentives and rebates. In addition, when focusing on renewable energy generation, the results confirm the positive association of generous feed-in tariffs (FITs) with risk-finance investment. However in the solar sector excessively generous FITs tend to discourage investment.
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    DOI: 10.1787/5jz6wn918j37-en
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  • 35
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    Do resources flow to patenting firms? : cross-country evidence from firm level data (2014)
    Paris : OECD, Economics Dep.
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    Language: English
    Pages: Online-Ressource (58 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1127
    Keywords: 2003 - 2010 ; Innovation ; Patent ; Unternehmenswachstum ; Vergleich ; OECD-Staaten ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper exploits longitudinal data on firm performance and patenting activity for 23 OECD countries over the period 2003-2010 to explore the extent to which changes in the patent stock are associated with flows of capital and labour to patenting firms. While the finding that patenting is associated with real changes in economic activity at the firm level is in line with recent literature, new empirical evidence presented suggests that the impact of patenting on firm size is likely to be causal. Moreover, these data reveal important differences across OECD countries in the extent to which innovative firms can attract the complementary tangible resources that are required to implement and commercialise new ideas. In turn, the contribution of framework policies to explaining the observed cross-country differences in the magnitude of these flows is explored. While further research is required to establish causality, the results are consistent with the idea that well-functioning product, labour and capital markets; efficient judicial systems and bankruptcy laws that do not overly penalise failure can raise the returns to innovative activity. The paper also investigates the heterogeneous impacts of policies and finds that young firms – which are more likely to experiment with disruptive technologies and rely on external financing to implement and commercialise their ideas – disproportionately benefit from reforms to labour markets and more developed markets for credit and seed and early stage finance.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5jz2lpmk0gs6-en
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  • 36
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    Reducing income inequality and poverty and promoting social mobility in Korea (2014)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (37 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1153
    Keywords: Altersarmut ; Soziale Mobilität ; Soziale Ungleichheit ; Öffentliche Sozialleistungen ; Altersvorsorge ; Arbeitsmarktsegmentation ; Südkorea ; Social Issues/Migration/Health ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: To strengthen social cohesion, a top government priority, it is essential to address the labour market roots of inequality by breaking down dualism to reduce the share of non-regular workers and to boost the employment ratio toward the government’s 70% target. Education reforms are also important to enhance social mobility. Social welfare programmes should be improved to make them more effective, especially among the elderly, where the relative poverty rate is 49%. In addition, reforms are needed now to develop an effective three-pillar system of retirement income based on the National Pension Scheme, company pensions and individual savings. High household debt also has adverse implications for equity, as well as for growth, as individuals with low income and credit ratings have limited access to financial markets and many are delinquent on their loans. Policies to offer credit to such households and restructure their debt, while limiting moral hazard and developing market-based lending, are essential. This Working Paper relates to the 2014 OECD Economic Survey of Korea (www.oecd.org/eco/economic-survey-korea.htm).
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5jz0wh6l5p7l-en
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  • 37
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    Restoring Japan's fiscal sustainability (2013)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (42 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1050
    Keywords: Finanzpolitik ; Nachhaltigkeit ; Haushaltskonsolidierung ; Japan ; Finance and Investment ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: With gross government debt surpassing 200% of GDP, Japan’s fiscal situation is in uncharted territory. In addition to robust nominal GDP growth, correcting two decades of budget deficits requires a large and sustained fiscal consolidation based on a detailed and credible multi-year plan that includes measures to control spending and raise revenue. On the spending side, reforms to contain ageing-related outlays are the priority, while the consumption tax should be the main source of additional revenue, given that its impact on economic activity is less negative than other taxes. The plan should target a primary budget surplus large enough to stabilise the public debt ratio by 2020. The fiscal policy framework should be improved to help reinforce confidence in Japan's fiscal position and prevent a run-up in interest rates. Higher consumption taxes should be accompanied by well-targeted social spending, including the introduction of an earned income tax credit, to prevent a rise in inequality and poverty. This Working Paper relates to the 2013 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/japan)
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k46cvtkbf33-en
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  • 38
    Online Resource
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    Reforming agriculture and promoting Japan's integration in the world economy (2013)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (24 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1053
    Keywords: Agrarreform ; Internationale Wirtschaft ; Japan ; Agriculture and Food ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The problems of Japanese agriculture – in particular low productivity and the prevalence of part-time farmers and small plots have been evident for the past 50 years. The high level and distortionary nature of agriculture support imposes burdens on consumers and taxpayers, undermines the dynamism of the farming sector and complicates Japan’s participation in comprehensive bilateral and regional trade agreements that would boost its growth potential. The priority is to shift to measures decoupled from production and gradually reduce border measures. Continued failure to implement necessary reforms threatens the future of the agricultural sector. In the absence of fundamental reform, the Japanese agriculture will continue to wither, trapped in a cycle of low productivity, low earnings and dependence on subsidies and import protection. The time for reform is now. A more open and market-oriented sector would also facilitate participation in comprehensive regional and bilateral trade agreements.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k46957l0rf4-en
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  • 39
    Online Resource
    Online Resource
    Restructuring the electricity sector and promoting green growth in Japan (2013)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (27 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1069
    Keywords: Elektrizitätswirtschaft ; Energiepolitik ; Nachhaltige Entwicklung ; Japan ; Energy ; Environment ; Nuclear Energy ; Economics ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The 2011 disaster and nuclear problems opened the door to a new energy policy, as they raised fundamental questions about the electricity system’s ability to prevent and respond to accidents. In particular, the system has had difficulty coping with the shortages caused by the accident and the suspension of operations of nuclear power plants. Addressing these problems requires creating a more competitive electricity sector by reducing the dominance of the ten regional monopolies through ownership unbundling of generation and transmission and by expanding the wholesale market. It is also important to increase interconnection capacity, while introducing real-time pricing. The reduced role of nuclear power following the Fukushima accident makes it necessary to accelerate the expansion of renewable energy, which requires setting a sufficiently high and consistent price for carbon. Finally, the government should ensure the independence of the new Nuclear Regulatory Agency and create an independent regulator for the electricity sector to promote competition. This Working Paper relates to the 2013 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/japan)
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k43nxrhfjtd-en
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  • 40
    Online Resource
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    Education reform in Korea (2013)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (50 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1067
    Keywords: Bildungsreform ; Südkorea ; Education ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The rapid expansion of education in Korea is exceptional and has played a key role in its economic development. Sustaining Korea’s growth potential in the face of demographic headwinds requires further improving the education system to boost productivity growth. One priority is to upgrade early childhood education and care (ECEC). Korea also needs to address the overemphasis on tertiary education, in part by improving vocational education, to reduce the mismatch problem that limits labour participation of youth. Tertiary education needs restructuring to improve quality. In addition, the large share of private spending in education increases the impact of socio-economic factors on educational outcomes. Education reforms are thus needed to promote inclusive growth, notably by: i) improving the access of low-income children to high-quality ECEC; ii) reducing reliance on private tutoring, notably at hagwons, by improving university admission procedures, expanding the quality and diversity of schools and upgrading vocational education; and iii) expanding loans to university students with repayment contingent on income after graduation. This Working Paper relates to the 2012 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/Korea).
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k43nxs1t9vh-en
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  • 41
    Online Resource
    Online Resource
    What drives the dynamics of business growth? (2013)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 91 Seiten) , Illustrationen
    Series Statement: OECD science, technology and industry policy papers no. 1
    Keywords: Unternehmenswachstum ; Institutionelle Infrastruktur ; Arbeitsrecht ; Arbeitsschutz ; Finanzsystem ; Industrieländer ; Science and Technology ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Differences in the dynamisms of economies are persistent. Notwithstanding the growing body of evidence documenting these large cross-country differences, our understanding of what drives them is still rather limited. This paper seeks to help close this gap. Using unique data for ten countries the analysis sheds light on the factors that shape the distribution of firm growth and on what role policies play in driving cross-country differences. The paper provides new evidence on the link of labour market regulation, bankruptcy legislation, financial market development and R&D support policies with growth dynamics. The study goes beyond looking at differences in average growth rates as it analyses changes in the whole distribution of firms.
    DOI: 10.1787/5k486qtttq46-en
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  • 42
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    Labour market policies to promote growth and social cohesion in Korea (2013)
    Paris : OECD, Economics Dep.
    Details
    Language: English
    Pages: Online-Ressource (34 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1068
    Keywords: Arbeitsmarktpolitik ; Arbeitsmarktsegmentation ; Wirtschaftswachstum ; Soziale Lage ; Südkorea ; Employment ; Social Issues/Migration/Health ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population. In particular, female labour participation should be encouraged by better work-life balance and increasing the availability of highquality, affordable childcare. More flexible employment and wage systems would increase the age at which older workers leave firms. For young people, improved vocational education at the secondary and tertiary levels would help overcome the labour mismatch and the overemphasis on tertiary education. Labour market dualism creates serious equity concerns, as non-regular workers face significantly lower wages, precarious jobs, less coverage by social security and less training. A comprehensive approach is required to break down dualism, including reduced employment protection for regular workers, alongside improved social insurance coverage and expanded training for non-regular workers. This Working Paper relates to the 2012 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/Korea).
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    DOI: 10.1787/5k43nxrmq8xx-en
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  • 43
    Online Resource
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    Promoting social cohesion in Korea (2012)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 963
    Keywords: Social Issues/Migration/Health ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Korea faces the challenge of reversing rising inequality while sustaining robust economic growth. Welltargeted increases in Korea’s low level of social spending are needed to fill holes in the safety net, especially for the elderly. The development of social security depends on closing gaps in coverage, which are due in part to labour market dualism. Dualism creates serious equity concerns, as non-regular workers face significantly lower wages, precarious jobs, less coverage by social security and less training. A comprehensive approach is required to break down dualism, including reduced employment protection for regular workers, improved social insurance coverage for non-regular workers and expanded training of non-regular workers. Education reforms are also needed to promote inclusive growth, notably by: i) improving the access of low-income children to high-quality early childhood education and care; ii) reducing reliance on private tutoring, notably at hagwons; and iii) expanding income-contingent loans to tertiary students.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k97gkdfjqf3-en
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  • 44
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    Sustaining Korea's convergence to the highest-income countries (2012)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 965
    Keywords: Wirtschaftswachstum ; Produktionspotenzial ; Wirtschaftliche Konvergenz ; Südkorea ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-utilised segments of the population. In particular, female labour participation should be encouraged by better work-life balance and increasing the availability of high-quality, affordable childcare, in part by raising tuition fee subsidies and improving the quality of private childcare centres. More flexible employment and wage systems would increase the age at which older workers leave firms. For young people, improved vocational education at the secondary and tertiary levels would help overcome the labour mismatch problem and the overemphasis on tertiary education. Enhancing educational quality at all levels would promote productivity gains, including in services. Strengthened competition is also a key to narrow the large productivity gap between services and manufacturing.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k97gkd8jgzs-en
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  • 45
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    Achieving the “low carbon, green growth” vision in Korea (2012)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 964
    Keywords: Nachhaltige Entwicklung ; Immissionsschutz ; Umweltpolitik ; Südkorea ; Environment ; Economics ; Korea, Republic of ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009. It aims at reducing emissions by 30% by 2020 relative to a “business as usual” scenario, implying a 4% cut from the 2005 level. The Strategy also includes a Five-Year Plan with public spending of 2% of GDP per year to promote green growth. Korea is planning to establish a carbon price through a cap-and-trade emissions trading scheme. Such an approach, combined with a carbon tax in sectors not covered by the scheme, is necessary to reduce emissions in a cost-effective manner and foster innovation in green technology. In addition, each sector should face the same electricity price based on production costs to promote efficient energy use. Given market failures, the government has a role to play in green R&D, particularly for basic research, in fostering green finance and in developing renewable energy resources.
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    DOI: 10.1787/5k97gkdc52jl-en
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  • 46
    Online Resource
    Online Resource
    Japan's new growth strategy to create demand and jobs (2011)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 890
    Keywords: Wachstumspolitik ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5kg58z5z007b-en
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  • 47
    Online Resource
    Online Resource
    Education reform in Japan (2011)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 888
    Keywords: Bildungsreform ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5kg58z7g95np-en
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  • 48
    Online Resource
    Online Resource
    Labour market reforms in Japan to improve growth and equity (2011)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 889
    Keywords: Arbeitsmarktpolitik ; Japan ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5kg58z6p1v9q-en
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  • 49
    Online Resource
    Online Resource
    Health-care reform in Korea (2010)
    Paris : Organisation for Economic Co-operation and Development, Economics Department
    Details
    Language: English
    Pages: Online-Ressource (PDF-Datei: 34 S., 1,37 MB) , graph. Darst.
    Series Statement: OECD Economics Department working papers 797
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5kmbhk53x7nt-en
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  • 50
    Online Resource
    Online Resource
    Reforming housing and regional policies in Korea (2008)
    Paris : Organisation for Economic Co-operation and Development, Economics Department
    Details
    Language: English
    Pages: Online-Ressource (PDF-Datei: 38 S., 0,84 MB) , graph. Darst.
    Series Statement: OECD Economics Department working papers 613
    Keywords: Wohnungspolitik ; Regionalpolitik ; Wohnungsmarkt ; Südkorea ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/241645113684
    URL: Volltext
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  • 51
    Online Resource
    Online Resource
    Enhancing the globalisation of Korea (2008)
    Paris : Organisation for Economic Co-operation and Development, Economics Department
    Details
    Language: English
    Pages: Online-Ressource (PDF-Datei: 38 S., 0,85 MB) , graph. Darst.
    Series Statement: OECD Economics Department working papers 614
    Keywords: Globalisierung ; Auslandsinvestition ; Internationale Wirtschaft ; Handelsliberalisierung ; Südkorea ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/241606341724
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  • 52
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    Public social spending in Korea in the context of rapid population ageing (2008)
    Paris : Organisation for Economic Co-operation and Development, Economics Department
    Details
    Language: English
    Pages: Online-Ressource (PDF-Datei: 53 S., 0,99 MB) , graph. Darst.
    Series Statement: OECD Economics Department working papers 615
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/241545746547
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