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  • English  (86)
  • Nicoletti, Giuseppe  (52)
  • Ellis, Jane  (34)
  • Paris : OECD Publishing  (86)
  • Paris : OECD Publishing.
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  • 1
    Language: English
    Pages: 1 Online-Ressource (42 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1752
    Keywords: Science and Technology ; Economics
    Abstract: Digital markets have raised a number of new competition challenges. Ex-post competition policy appears not to be able to address them in their entirety and with the necessary speed. There is considerable consensus, among academics and policy-makers, that ex-ante regulatory policies are needed to avoid competition being stifled in these markets, with a negative impact on productivity and innovation. As a result, major OECD economies are discussing or have approved regulatory proposals with the aim to foster contestability and fair trade in digital markets.
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  • 2
    Language: English
    Pages: 1 Online-Ressource (73 p.) , 21 x 28cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2023/02
    Keywords: Environment
    Abstract: Parties established the Mitigation Work Programme (MWP) at COP26 to ”urgently scale up mitigation ambition and implementation” to help reach the temperature goal of the Paris Agreement. At COP27, Parties further fleshed out the MWP, which will be operationalised each year between 2023-2026 via at least two global dialogues, other dialogues and investment-focused events. This paper outlines key questions that could shape the aims, scope, focus, format, and participation in the dialogues, as well as the possible interplay between the MWP global dialogues and investment-focused events by drawing on experiences with other processes and events inside and outside the UNFCCC. This paper also provides lessons from examples in three sub-sectors where mitigation actions have been rapidly scaled up. This paper highlights several open questions related to the substance, process, and timing of the global dialogues and the investment-focused events, as well as potential linkages between these. The paper also discusses possible implications of different choices on these open questions. Decisions on the scope, format, and aims of the MWP dialogues will influence their impacts and the relevance of these dialogues to different countries and stakeholders. Yet, dialogues and events under the MWP will face trade-offs between concentrating on short- versus longer-term issues and outcomes and on choosing a broad or narrow focus. Such choices will impact how many countries the event or dialogue is relevant to. In addition, there are various ongoing initiatives and events outside the UNFCCC that are relevant to the aims of the MWP and that the MWP could usefully learn from. Careful mapping and co-ordination are needed to ensure that the MWP builds on, rather than duplicates, existing initiatives and events within and beyond the UNFCCC.
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  • 3
    Language: English
    Pages: 1 Online-Ressource (105 p.) , 21 x 28cm.
    Series Statement: OECD Environment Working Papers no.220
    Keywords: Agriculture and Food ; Environment
    Abstract: This paper investigates the potential role and contribution of carbon pricing in transforming emission pathways towards net zero GHG emissions. It reviews carbon pricing’s impacts, overall and in the electricity sector in selected jurisdictions to date. The paper also analyses the current and potential application of emissions pricing (e.g. emissions trading schemes or carbon taxes) in food systems. The analysis finds that carbon pricing could contribute to net zero pathways alongside other policies, yet price levels and coverage to date have been too low to reduce emissions in line with the Paris Agreement’s goals. Carbon pricing’s contribution to net zero pathways could be further strengthened, including by incentivising demand-side shifts, sequencing policies and enhancing international carbon pricing collaboration. Applying emissions pricing in food systems faces significant short-term technical, methodological, and political barriers and could have just transition implications but reducing emissions from food systems could also lead to many co-benefits.
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  • 4
    Language: English
    Pages: 1 Online-Ressource (91 p.) , 21 x 28cm.
    Series Statement: OECD Environment Working Papers no.191
    Keywords: Environment
    Abstract: This paper assesses the role of carbon pricing in a sustainable recovery from COVID-19. It tracks the policy changes in carbon pricing within OECD and G20 countries between January 2020 and August 2021 of the COVID-19 pandemic. Carbon pricing as defined here includes emissions trading schemes, fossil fuel support and carbon, fuel excise or aviation taxes. The paper also highlights the need for the recovery to be sustainable and discusses the advantages, limitations and uses of carbon pricing therein. In addition, it describes additional challenges to as well as increased rationale for carbon pricing in the pandemic. It provides evidence on the effects of carbon pricing on the challenges and discusses carbon pricing design elements to help overcome those challenges. The paper concludes that there were more policy changes with an expected negative impact on climate. However, it is likely that the impact of the climate-positive changes – which are broader in coverage and scope - will outweigh the climate-negative changes.
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  • 5
    Language: English
    Pages: 1 Online-Ressource (65 Seiten) , 21 x 28cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2022/02
    Keywords: Energy ; Environment
    Abstract: Greenhouse gas (GHG) mitigation actions will need to be accelerated and scaled up at both national and sub-national levels in order to meet the temperature goals of the Paris Agreement. National governments can play an important role in enabling GHG mitigation actions by non-Party stakeholders (NPS), and in enhancing the interaction between national policies and NPS actions. This paper explores actions national governments could take to facilitate NPS mitigation action in two sub-sectors with large mitigation potential and where NPS play a key role in the successful implementation of mitigation activities. These sectors are renewable electricity generation and procurement in cities and Reducing Emissions from Deforestation and forest Degradation in sub-national jurisdictions. This paper outlines some institutional, regulatory, financial and technical barriers faced by NPS in implementing GHG mitigation activities in these sub-sectors and highlights some examples of national policies and measures that have allowed specific NPS to overcome these barriers. The paper also showcases examples of enabling policy frameworks at the national level that could encourage the replication of such mitigation actions by NPS. An important, common element for successful replication of mitigation activities is for national governments to facilitate co-ordination with NPS; to improve consistency between national and sub-national policies; to identify and clarify responsibilities between different actors; and to regularly review and potentially revise national policies that may unintentionally create barriers to NPS mitigation actions.
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  • 6
    Language: English
    Pages: 1 Online-Ressource (46 p.) , 21 x 28cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2022/03
    Keywords: Energy ; Environment
    Abstract: “Authorisation” is a new but as yet undefined component of the guidance for implementation of Article 6 of the Paris Agreement. Authorisation is important as it triggers both corresponding adjustments and reporting requirements. This paper identifies and analyses open questions related to what is authorised, by what process, for what purpose, the format and timing of authorisation, and how any ex-post changes to authorisation can be made. The answers to these questions can affect the attractiveness for Parties and the private sector to participate in Article 6 cooperation. The paper also outlines areas of Article 6.2 guidance that could be usefully clarified at the international level, and implications of different options for the domestic implementation of Article 6 authorisation provisions, drawing from examples of a few frontrunner Parties who have already established bilateral agreements and domestic structures for international cooperation under Article 6. The paper concludes that some of the open questions could be clarified at the international level, such as how to report any changes to authorisations and if the authorisation needs to be provided concurrently by the participating Parties. Other questions could be clarified at the national level by the participating Parties providing the authorisation. These include whether participating Parties can choose to include additional elements in their authorisations, and which roles authorised entities could play.
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  • 7
    Language: English
    Pages: 1 Online-Ressource (67 p.) , 21 x 28cm.
    Series Statement: OECD Productivity Working Papers no.31
    Keywords: Economics ; Science and Technology
    Abstract: Motivated by the sudden adoption of telework in the wake of the COVID 19 pandemic, the Global Forum on Productivity (GFP) undertook an online survey among managers and workers in 25 countries about their experience and expectations, with a particular focus on productivity and well-being. This paper presents analysis and results from this endeavour. It finds that managers and workers had an overall positive assessment from teleworking both for firm performance and for individual well-being, and wish to increase substantially the share of regular teleworkers from pre-crisis levels. Respondents, on average, find that the ideal amount of telework is around 2-3 days per week, in line with other recent evidence and with the idea that the benefits (e.g., less commuting, fewer distractions) and costs (e.g., impaired communication and knowledge flows) need to be balanced at an intermediate level of telework intensity. To meet the challenges of this “hybrid” working mode, as the survey finds, further changes from management are needed, such as the co-ordination of schedules to encourage a sufficient degree of in-person interaction, and further investment in ICT tools and skills as well as more soft skills to master online communication.
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  • 8
    Language: English
    Pages: 1 Online-Ressource (66 p.)
    Series Statement: OECD Environment Working Papers no.173
    Keywords: Environment ; Taxation ; Development ; Economics ; Trade
    Abstract: This paper assesses quantitative estimates based on economic modelling studies of the economic and environmental benefits from different forms of international co-ordination on carbon pricing. Forms of international co-ordination include: harmonising carbon prices (e.g. through linking carbon markets), extending the coverage of pricing schemes, phasing out fossil fuel subsidies, developing international sectoral agreements, and establishing co-ordination mechanisms to mitigate carbon leakage. All forms of international co-operation on carbon pricing can deliver benefits, both economic (e.g. lower mitigation costs) and/or environmental (e.g. reducing GHG emissions and carbon leakage). Benefits tend to be higher with broader participation of countries, broader coverage of emissions and sectors and more ambitious policy goals. Most, but not all, countries gain economic benefits from international co-operation, and these benefits vary significantly across countries and regions. Complementary measures outside co-operation on carbon pricing (e.g. technology transfers) could ensure that co-operation provides economic benefits for all countries.
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  • 9
    Language: English
    Pages: 1 Online-Ressource (68 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2021/02
    Keywords: Clean Development Mechanism ; OECD-Staaten ; Welt ; Energy ; Environment
    Abstract: This paper identifies and analyses options for the design of the Article 6.4 mechanism in two key areas. These are the possible transition of eligible activities registered under the Kyoto Protocol’s Clean Development Mechanism (CDM) to the Article 6.4 mechanism; and the registration of new activities under the Article 6.4 mechanism. The paper outlines possible transition options and potential implications for four issues relating to host Party approval of activities and to the use, review and revision of baseline methodologies and accreditation standards. The paper also highlights the steps needed to register new or transitioned activities under the Article 6.4 mechanism, and how co-ordination between different actors can facilitate a transition. The paper concludes that there are options available to ensure that the Article 6.4 mechanism can be implemented within a few years of a formal agreement on the rules, modalities and procedures for Article 6, and can build on the significant experience gained with the CDM. The paper highlights different ways that this CDM experience can be built on, and outlines the varying administrative and environmental implications of doing so.
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  • 10
    Language: English
    Pages: 1 Online-Ressource (81 p.) , 21 x 28cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2021/04
    Keywords: Internationale Klimapolitik ; Berichtswesen ; Transparenz ; Energy ; Environment
    Abstract: Reporting and review requirements under the Paris Agreement include provisions under Article 13 relating to the implementation and achievement of Parties’ Nationally Determined Contributions (NDCs). Draft texts relating to Article 6.2 relating to Parties’ use of cooperative approaches also include provisions on reporting and review. This document identifies and analyses issues related to the interplay of relevant reporting and review requirements under both Article 13 and Article 6 of the Paris Agreement, as it is important to improve complementarity and ensure consistency between the two sets of reporting and review provisions, as well as to meet the already-agreed principles governing transparency. Regarding reporting, the document highlights options for improving the clarity of the provisions concerning the timing, content, and frequency of the three required types of information under Article 6.2 guidance (i.e., the initial report, annual information, and regular information). Regarding Internationally Transferred Mitigation Outcomes (ITMOs), this document highlights several issues relating to timing and vintages that would need to be addressed to facilitate ITMO reporting and review implementation. Regarding review provisions, this document finds that draft A6.2 guidance could usefully provide further detail on some substantive aspects of the Article 6 review process, such as, e.g., clarifying roles of the Party, the TER team, and the secretariat in the review process.
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  • 11
    Language: English
    Pages: 1 Online-Ressource (55 p.)
    Series Statement: OECD Economics Department Working Papers no.1683
    Keywords: Economics
    Abstract: Despite the rising importance and economy-wide effects of online platforms, the paucity of cross-country comparable data still hampers understanding of the structural and policy determinants of their diffusion. This study contributes to the understanding of multi-sided online platforms in three main ways. First, we build a harmonised international dataset of online platforms and their use across 43 OECD and G20 countries, covering the 2013-19 period and nine areas of activity. Second, we describe main trends in the use of platforms in the past years, and third, we investigate the structural and policy determinants of online platforms diffusion across countries and over time.
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  • 12
    Language: English
    Pages: 1 Online-Ressource (66 p.) , 21 x 28cm.
    Series Statement: OECD Productivity Working Papers no.29
    Keywords: Economics ; Science and Technology
    Abstract: Relying on linked employer-employee datasets from 10 countries, this paper documents that the skills and the diversity of the workforce and of managers – the human side of businesses – account on average for about one third of the labour productivity gap between firms at the productivity “frontier” (the top 10% within each detailed industry) and medium performers at the 40-60 percentile of the productivity distribution. The composition of skills, especially the share of high skills, varies the most along the productivity distribution, but low and medium skilled employees make up a substantial share of the workforce even at the frontier. High skills show positive but decreasing productivity returns. Moreover, the skill mix of top firms varies markedly across countries, pointing to the role of different strategies pursued by firms in different policy environments. We also find that managerial skills play a particularly important role, also through complementarities with worker skills. Gender and cultural diversity among managers – and to a lesser extent, among workers – is positively related to firm productivity as well. We discuss public policies that can facilitate the catch-up of firms below the frontier through skills and diversity. These cover a wide range of areas, exerting their influence through three main channels: the supply, upgrading and the matching across firms (the SUM) of skills and other human factors.
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  • 13
    Language: English
    Pages: 1 Online-Ressource (70 p.) , 21 x 28cm.
    Series Statement: OECD Economic Policy Papers no.30
    Keywords: Economics
    Abstract: The full potential of digital technologies remains unrealised and their benefits unequally shared because of insufficient investment in enabling intangible assets and communication networks within and across countries. The COVID-19 shock poses new challenges and opportunities. Drawing on past and ongoing OECD work, the paper proposes a multipronged policy approach to durably accelerate the diffusion and uptake of digital technologies across all layers of society, and share their benefits more widely. The building blocks of the proposed LIFT approach include: Lifelong learning for all to ensure everybody has the opportunity to acquire and upgrade the skills needed to thrive in a digital world; Intangibles finance for the knowledge economy to allow more firms, especially small ones, to increase intangible investment and seize the opportunities offered by the digital transformation; Framework market conditions for the digital age to upgrade policies to the digital age, especially in the areas of taxation, competition law and enforcement, digital security, firms’ entry and exit, and e-government; Technology access via digital infrastructure to facilitate access to communication networks and accelerate the take up of digital technologies and their international diffusion.
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  • 14
    Language: English
    Pages: 1 Online-Ressource (26 p.)
    Series Statement: OECD Economics Department Working Papers no.1682
    Keywords: Economics
    Abstract: Online platform use has grown remarkably in the last decade. Despite this, our understanding of its implications for economic outcomes is scarce and often limited to case studies and advanced countries. Using a newly built harmonised international dataset of online platforms and their use across 43 countries, covering the 2013-18 period and seven areas of activity, we contribute to filling this gap. Specifically, we investigate whether and under which market conditions platform uptake leads to changes in incumbent firms’ productivity. We find that platform use increases labour productivity growth in firms operating in the same sector, and that this takes place through increases in value added growth as opposed to decreases in employment. What is more, productivity gains are greater for small firms and firms in the middle of the productivity distribution, suggesting that online platforms can play an important role in levelling the playing field between SMEs and large companies and in narrowing productivity gaps among firms. Finally, productivity gains are stronger in more dynamic platform markets. Our findings offer insights on factors and policies that can be leveraged to encourage platform development in ways that are beneficial for the economy.
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  • 15
    Language: English
    Pages: 1 Online-Ressource (87 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2020/04
    Keywords: Coronavirus ; Klimawandel ; Treibhausgas-Emissionen ; Klimaschutz ; Welt ; Energy ; Environment
    Abstract: This paper provides decision-makers with a framework for prioritising different economic, social and environmental goals and analysing the options available to achieve them. To this end, it develops three stylised COVID-19 recovery pathways (“Rebound”, “Decoupling” and “Wider well-being”) that differ in the extent to which they encompass greenhouse gas (GHG) emission reductions and the integration of mitigation and wider well-being outcomes or, broadly equivalently, SDGs. A number of real-world examples of COVID-19 recovery measures in the surface transport and residential sectors were identified, and the paper maps these measures onto these three stylised pathways. The paper finds a wide divergence in the environmental and social impacts of COVID-19 recovery measures developed to date, with several countries putting in place measures that correspond to all three pathways. The nature and pace of economic recovery in different countries and in aggregate will have important implications for existing, updated and new Nationally Determined Contributions (NDCs) under the Paris Agreement, and the paper also highlights the possible impact of the COVID-19 recovery measures being put in place on NDCs– including on the ambition of both current and future NDCs. The paper concludes that it will be important for governments to improve their understanding of the impact of their recovery measures across multiple policy dimensions (economic, social, environmental) as well as across different time periods (short and long-term) and spatial scales.
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  • 16
    Language: English
    Pages: 1 Online-Ressource (62 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2020/01
    Keywords: Environment
    Abstract: Common Tabular Formats (CTFs) for the reporting of information necessary to track progress towards Nationally Determined Contributions (NDCs) under Article 4 of the Paris Agreement, including on the use of cooperative approaches, are to be adopted by COP26. This paper explores concrete examples and worked examples for the structured summary of information to track progress, including on information on cooperative approaches. This paper finds that the structured summary would be more likely to meet the principles established in the Paris Agreement and related decisions, including the Modalities, Procedures and Guidelines (MPGs), if it was separated into CTFs for reporting on tracking progress indicators and a CTF for reporting on the use of cooperative approaches.
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  • 17
    Language: English
    Pages: 1 Online-Ressource (circa 31 Seiten) , Illustrationen
    Series Statement: OECD economic policy paper no. 26 (February 2019)
    Series Statement: OECD Economic Policy Papers no.26
    Keywords: Digitalisierung ; Informationstechnik ; Produktivitätsentwicklung ; Innovationsdiffusion ; Technologiepolitik ; Industriepolitik ; Qualifikation ; Wettbewerb ; OECD-Staaten ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: This paper presents a range of policies to enhance adoption of digital technologies and firm productivity. It quantifies illustratively the effect of policy changes by combining the results of two recent OECD analyses on the drivers of adoption and their productivity benefits. Increasing access to high-speed internet, upgrading technical and managerial skills and implementing product and labour market reforms to facilitate the reallocation of resources in the economy are found to be the main factors supporting the efficient adoption of a selection of digital technologies. The most productive firms have benefitted relatively more from digitalisation in the past, contributing to a widening productivity gap with less productive firms. Policies should create the conditions for efficient adoption by less productive firms, which would help them to catch up, achieving a double dividend in terms of growth and inclusiveness. Enhancing skills has a key role to play in this area since less productive firms suffer relatively more from skill shortages.
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 18
    Language: English
    Pages: 1 Online-Ressource (55 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2019/05
    Keywords: Energy ; Environment
    Abstract: Different options of methodological approaches for setting emission baselines are currently under consideration in the international climate negotiations. This paper examines options for baseline approaches for the Article 6.4 mechanism, and draws lessons from how baselines have been used for other market mechanisms. The paper highlights that the different approaches being discussed offer advantages and disadvantages in the context of Article 6.4. Moreover, the paper points out that a one size- fits-all approach to setting baselines is unlikely to be appropriate for the new mechanism, given the variety of possible mitigation activity types and contexts. In particular, analysis of Clean Development Mechanism projects shows that a single baseline approach led to wide variations in baseline levels, implying the need to revise some methodologies if they are to be applied to Article 6.4. The paper also discusses benefits and implications for host Parties participating in the Article 6.4 mechanism, which may affect how Parties achieve their NDCs.
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  • 19
    Language: English
    Pages: 1 Online-Ressource (49 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2019/02
    Keywords: Energy ; Environment
    Abstract: The Modalities, Procedures and Guidelines (MPGs) adopted at COP24 in Katowice lay out rules for reporting and reviewing information under the Enhanced Transparency Framework of the Paris Agreement. The Katowice decision on the MPGs requests the Subsidiary Body for Scientific and Technological Advice (SBSTA) to develop Common Tabular Formats (CTFs) for the reporting of information on, inter alia, financial support provided, mobilised and received. This paper analyses key issues and options that Parties may wish to consider when developing CTFs for reporting on these elements. The widespread use of CTFs for climate finance reporting could potentially facilitate comparability and aggregation of data and information on financial support in the future. This paper also develops options for CTF tables for the three areas of financial support analysed.
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  • 20
    Language: English
    Pages: 1 Online-Ressource (circa 80 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1476
    Keywords: 2010 - 2016 ; Digitalisierung ; Technischer Fortschritt ; Innovationsdiffusion ; Produktivitätsentwicklung ; Qualifikation ; Europa ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: Insufficient diffusion of new technologies has been quoted as one possible reason for weak productivity performance over the past two decades (Andrews et al., 2016). This paper uses a novel data set of digital technology usage covering 25 industries in 25 European countries over the 2010-16 period to explore the drivers of digital adoption across two broad sets of digital technologies by firms, cloud computing and back or front office integration. The focus is on structural and policy factors affecting firms’ capabilities and incentives to adopt -- including the availability of enabling infrastructures (such as high-speed broadband internet), managerial quality and workers skills, and product, labour and financial market settings. We identify the effects of structural and policy factors based on the difference-in-difference approach pioneered by Rajan and Zingales (1998) and show that a number of these factors are statistically and economically significant for technology adoption. Specifically, we find strong support for the hypothesis that low managerial quality, lack of ICT skills and poor matching of workers to jobs curb digital technology adoption and hence the rate of diffusion. Similarly our evidence suggests that policies affecting market incentives are important for adoption, especially those relevant for market access, competition and efficient reallocation of labour and capital. Finally, we show that there are important complementarities between the two sets of factors, with market incentives reinforcing the positive effects of enhancements in firm capabilities on adoption of digital technologies
    Note: Zusammenfassung in französischer Sprache
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 21
    Language: English
    Pages: 1 Online-Ressource (93 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2018/03
    Keywords: Environment
    Abstract: An enhanced transparency framework is a central component of the Agreement, and will apply to all Parties, with flexibility for developing country Parties that need it in the light of their capacities. This paper examines how such flexibility might be operationalised when reporting information under the future enhanced transparency system for greenhouse gas inventories and for progress towards the mitigation component of NDCs under Article 4. The paper also highlights how improvements over time in reporting of adaptation, and support needed and received could be encouraged. For each individual reporting element in these four areas, the paper identifies possible ways that countries with a range of different capacity levels could provide information for specific elements under the four reporting areas examined in the paper.
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  • 22
    Language: English
    Pages: 1 Online-Ressource (30 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2017/02
    Keywords: Environment
    Abstract: Decision 1/CP.21 adopting the Paris Agreement established a mandate for a facilitative dialogue to be convened among Parties in 2018. This mandate established two main objectives of the 2018 facilitative dialogue (FD2018): to take stock of collective progress made towards long-term climate goals and to inform preparation of nationally determined contributions. Proposal(s) from the COP22 and COP23 presidencies on how the dialogue should be conducted are expected to be made by COP23. This paper “unpacks” the two main objectives of the FD2018 into distinct components, and examines the implications of addressing different components on the information needs of the FD2018. The paper also examines different types of information that could be required for FD2018 and their availability. Finally, the paper looks at other collective review or stocktake processes that have been carried out under the U.N. to identify relevant lessons for the FD2018, particularly regarding inputs and associated outputs.
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  • 23
    Language: English
    Pages: 1 Online-Ressource (44 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2016/03
    Keywords: Environment
    Abstract: An enhanced transparency framework will be a central component of the post-2020 international climate policy regime under the Paris Agreement. This paper explores the issue of transparency of climate finance information in the context of climate finance goals under the United Nations’ Framework Convention on Climate Change (UNFCCC). The transparency framework of the Paris Agreement covers only a subset of climate finance, i.e. finance provided and mobilised by developed countries for developing countries, climate finance provided and mobilised by “other” countries for developing countries, as well as climate finance received by developing countries. This paper focuses on data collection, reporting and review of these elements, and explores how the transparency of information on climate finance provided and mobilised could be improved from current arrangements in order to meet the aims set out in the Paris Agreement.
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  • 24
    Language: English
    Pages: 1 Online-Ressource (17 p.)
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2017/04
    Keywords: Energy ; Environment
    Abstract: Discussions relating to the 2018 Facilitative Dialogue (FD2018), mandated under the Paris Agreement, are on-going. These discussions are on the scope, inputs, and modalities of the FD2018 as well as any outputs or outcomes from the FD2018. While the mandate of the FD2018 does not explicitly call for outputs or outcomes, identifying outcomes and outputs ex ante could be useful in focusing discussions and inputs to the facilitative dialogue, as well as in shaping its modalities. The objective of this paper is to highlight the implications of agreeing and identifying specific outputs and outcomes ex ante, and exploring what type of outputs and outcomes would best serve the interests of the FD2018. This document also identifies key questions that could guide decision-making on what modalities would be appropriate for the FD2018; however, identification of options for specific modalities of FD2018 are out of the scope of this paper.
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  • 25
    Language: English
    Pages: 1 Online-Ressource (47 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2016/01
    Keywords: Energy ; Environment
    Abstract: The Paris Agreement, adopted by the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), reinforces the international framework for adaptation action by establishing a global adaptation goal. Under the Paris Agreement, countries have also agreed to an enhanced transparency framework for action, which includes adaptation. The Agreement also requests each Party to submit and update an “adaptation communication” as appropriate. This paper explores what elements of countries’ adaptation responses and progress could be reported under the Paris Agreement so as to better communicate efforts towards enhanced adaptation and resilience. The paper also highlights the potential benefits both at a national and an international level from identifying and collating adaptation-related information. Finally the paper outlines a possible structure of an adaptation communication, and identifies options and associated information needs for the adaptation-related components of the global stocktake agreed to in the Paris Agreement.
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  • 26
    Language: English
    Pages: 1 Online-Ressource (34 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2015/05
    Keywords: Energy ; Environment
    Abstract: Limiting the increase in global average temperature to below 2°C compared to pre-industrial levels will require ambitious mitigation action by a broad range of actors including Parties to the United Nations Framework Convention on Climate Change (UNFCCC), i.e., national governments, and non-party stakeholders (NPS). This paper focuses on three types of NPS, namely, sub-national governments, the private sector and financial institutions, and examines how the 2015 agreement could help the NPS encourage increased mitigation actions as well as the financing for such actions. The paper identifies five barriers that can prevent NPS from enhancing their actions and assesses how the current process under the UNFCCC is addressing these barriers for the pre-2020 period. It also explores options to establish or enhance links between the UNFCCC and NPS in the 2015 agreement for post-2020, in order to further address the barriers and enhance actions by NPS.
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  • 27
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal: Economic Studies Vol. 2015, no. 1, p. 9-66 | volume:2015 | year:2015 | number:1 | pages:9-66
    Language: English
    Pages: 1 Online-Ressource (58 p.) , 21 x 28cm.
    Titel der Quelle: OECD Journal: Economic Studies
    Angaben zur Quelle: Vol. 2015, no. 1, p. 9-66
    Angaben zur Quelle: volume:2015
    Angaben zur Quelle: year:2015
    Angaben zur Quelle: number:1
    Angaben zur Quelle: pages:9-66
    Keywords: Economics
    Abstract: This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. It highlights the growing need for international policy coordination and cooperation in a number of areas. For example, global growth is likely to slow and become increasingly dependent on the diffusion of knowledge and technology, while the economic costs of environmental damages will mount. The rising economic importance of knowledge will tend to raise returns to skills, likely leading to further increases in earning inequalities within countries. While increases in pre-tax earnings do not automatically transform into rising income inequality, the ability of governments to cushion this impact may be limited, as rising trade integration and consequent rising mobility of tax bases combined with substantial fiscal pressures may hamper such efforts. The paper discusses to what extent national structural policies and heightened international cooperation can address these and other interlinked challenges over the coming 50 years. JEL classification: F, H, I2, I3, J1, O3, O4, Q5 Keywords: Global economy, growth, technological change, inequality, income distribution, immigration, environmental damages, climate change, tertiary education, fiscal consolidation, structural reforms, interdependence, co-ordination, projections
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  • 28
    Language: English
    Pages: 1 Online-Ressource (37 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2015/07
    Keywords: Energy ; Environment
    Abstract: There are many reasons why the United Nations Framework Convention on Climate Change (UNFCCC) reporting framework requests information from countries. These include understanding and tracking progress with individual or collective commitments or pledges, providing confidence and enhancing accountability in quantified information measured and reported, and providing background information on the scope and ambition of national climate responses. This paper highlights the gaps, inconsistencies and uncertainties in the current reporting framework, which was developed for both long-standing obligations and mitigation pledges for the period to 2020. The paper also identifies possible improvements in the UNFCCC reporting framework in the context of the post-2020 transparency framework and nationally determined contributions (NDCs) for the post-2020 period.
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  • 29
    Language: English
    Pages: 1 Online-Ressource (53 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2015/03
    Keywords: Energy ; Environment
    Abstract: Climate support will be an important element in reaching a post-2020 climate agreement at COP 21 in December 2015. To further increase and mobilise the levels of climate support post-2020, a number of proposals have been made in the negotiating text produced in the Geneva session of the Ad-hoc Working Group on the Durban Platform of the UN Framework Convention on Climate Change (UNFCCC) in February 2015. This paper explores the advantages and disadvantages of several of these proposals, focusing on those that are clear and specific. The paper assesses proposals on mobilising climate finance using the following criteria: (i) the level of financial flows that they could generate; (ii) how much of this could be mobilised in the UNFCCC context; (iii) the ease of implementation of the proposal; (iv) if and how such increased mobilisation could be monitored; and (v) whether the proposal would fill a specific gap in the context of climate support within the UNFCCC. The paper undertakes a similar assessment for proposals in the Geneva text on enhancing the level of technology development and transfer, as well as capacity building. It discusses whether the proposals could potentially increase technology development and transfer, capacity building and development, as well as whether they are likely to do so in practice, based on current experience and ease of implementation. The proposals vary significantly in the amount of climate support they could mobilise (or enhance, in the case of technology and capacity building), for a range of reasons. These include the particular wording of the proposals, their sensitivity to national implementation, uncertainty in measuring progress towards objectives, and in some cases the limited role the UNFCCC plays as an institution in a given area of climate support.
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  • 30
    Language: English
    Pages: 1 Online-Ressource (61 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2015/01
    Keywords: Energy ; Environment
    Abstract: Adaptation responses are needed to address the existing levels of climate variability and to prepare for future climate impacts. There is wide agreement that adaptation is an important issue and would benefit from being enhanced through more effective action and better planning. The prominence of adaptation in the UNFCCC negotiations has increased, in part as the scientific evidence has become clearer that climate change is occurring and its impacts are projected to grow in future. Efforts to enhance adaptation actions and increase resilience are thus expected to play a key role in the post-2020 climate agreement to be agreed at COP21 in December 2015. This paper explores how the 2015 agreement can help to foster enhanced policies and co-ordinate planning for greater resilience and adaptation capabilities at the national level. The paper considers the technical advantages and disadvantages of selected adaptation-related concepts that have been put forward in the negotiations. These include proposals for global or national goals; developing or improving adaptation institutions or planning; enhancing information availability; and facilitating or enhancing adaptation finance. Many of these proposals have the potential to improve sub-national, national and international planning about and responses to climate adaptation. However, the actual impact of these proposals is likely to vary significantly depending on how they are implemented on the ground.
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  • 31
    Language: English
    Pages: 1 Online-Ressource (52 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2014/07
    Keywords: Energy ; Environment
    Abstract: Shifting public and private investment from “brown” to “green” is an essential part of climate change. The post-2020 climate agreement to be agreed at COP 21 in December 2015 has the potential to play a significant role in signalling the importance of such a shift. This paper explores how the 2015 agreement could spur further mobilisation of climate finance by examining the current state of play regarding existing financing environments and mechanisms. These include examining the existing international institutional arrangements under the UNFCCC to see how balanced financing, co-ordination, streamlining and complementarity between institutions could be achieved. The paper also highlights the key role that in-country enabling environments can play in further mobilising public and private climate finance, and discusses how the 2015 agreement could enhance both “pull” and “push” factors for mobilisation. In addition, the paper also discusses how the agreement could facilitate the broad use of a spectrum of financial instruments and the further development of an enhanced system for measurement, reporting and verification of climate finance.
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  • 32
    Language: English
    Pages: 1 Online-Ressource (67 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2014/01
    Keywords: Energy ; Environment
    Abstract: There is widespread recognition that climate finance needs to be scaled up from its current levels. However, there is no clear view on how developed countries can efficiently and effectively mobilise further climate finance to meet the needs of developing countries. Developed countries have committed to mobilise USD 100 bn per year of climate finance for developing countries by 2020 from a variety of sources. These include both public and private finance, thus the private sector is likely to play a significant role in the mobilisation of climate finance to meet this commitment. This paper explores how scale-up and replication of effective climate finance interventions efficiently mobilise private climate finance. The interventions examined in the paper have already been, or are being, scaled up or replicated. Scaling-up and replication of such climate finance interventions could be an efficient way to increase the private sector’s interest in mobilisation of climate finance, and thus to make progress towards the USD 100 bn per year goal by 2020. The paper draws lessons from selected mitigation and available adaptation case studies at project- and programme-levels as well as from experience with international climate funds. The paper examines three key aspects needed to scale up and replicate climate finance. The first is the institutional structures and decision-making framework of the climate finance source, its aims, the scale at which it operates and how barriers to scaling-up and replication have been addressed. Second, the paper explores how demonstrating effective low-carbon, climate-resilient technologies and systems can facilitate scale-up and replication. Third, the paper discusses the influence of policies to enhance domestic enabling environments for scaling-up and replication.
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  • 33
    Language: English
    Pages: 1 Online-Ressource (56 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2013/02
    Keywords: Energy ; Environment
    Abstract: At the 16th Conference of the Parties (COP) in 2010, developed countries formalised a collective climate finance commitment made previously in Copenhagen of “mobilising jointly USD 100 billion per year by 2020 to address the needs of developing countries...from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources” (UNFCCC, 2010). However, there is currently no definition of which “climate” activities, flows, or other interventions could count towards the USD 100 billion; what “mobilising” means; or even which countries are covered by this commitment. The paper examines different definitions used by 24 key actors in climate finance to quantify the level of private climate finance mobilised by their interventions, as well as the methods used to track such private climate finance. Key findings are that i) methodologies to assess and estimate mobilisation vary widely, and ii) considerable risk of double-counting exists.
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  • 34
    Language: English
    Pages: 1 Online-Ressource (58 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2013/04
    Keywords: Energy ; Environment
    Abstract: Ensuring that climate finance is used effectively will help to maximise its impact. The effectiveness of climate finance can be defined as the extent to which an activity attains its stated aims. These aims can vary, depending on the source of climate finance and how it is channelled. There are therefore different views on what “effective” climate finance is, as well as on how this effectiveness can be assessed. This paper explores how different communities view climate finance effectiveness; the policies or institutional pre-conditions that facilitate effectiveness; and how effectiveness is currently monitored and evaluated. The paper concludes by discussing the conflicts and trade-offs encountered in assessing effectiveness and a possible way forward in balancing multiple views and priorities.
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  • 35
    Language: English
    Pages: 1 Online-Ressource (44 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2012/01
    Keywords: Energy ; Environment
    Abstract: Developed countries have committed under the international negotiations to jointly mobilising USD 100 billion per year by 2020 for climate change mitigation and adaptation in developing countries. Yet consistent and comprehensive data to track this commitment are currently lacking. Such data will also help governments and the private sector understand how much and what type of climate finance is flowing today, so as to be able to evaluate progress and effectiveness of international climate finance flows. Estimates based on available data are highly uncertain and incomplete, highlighting several challenges in establishing a robust tracking system. A more political question is what should be the internationally agreed definition of “climate finance” or, absent agreement on that, what types of flows or activities might count towards the USD 100 billion? On the more technical side, challenges include clearly defining flows and sources of international climate finance, determining the cause and effect of flows, and establishing the boundaries of finance flowing towards climate change action. This paper considers what data are currently available to track climate finance, and demonstrates the complex nature of financial flows through examples across international and domestic as well as public and private flows. The examples highlight questions on how to count and track climate finance.
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  • 36
    Language: English
    Pages: 1 Online-Ressource (58 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2011/04
    Keywords: Energy ; Environment
    Abstract: In 2010, the international community took steps to improve the system of reporting and verification under the United Nations Framework Convention on Climate Change (UNFCCC). Parties to the UNFCCC decided at the sixteenth meeting of the Conference of the Parties (COP 16) to enhance reporting for all countries and to conduct “international assessment and review” (IAR) of certain information from developed countries and “international consultations and analysis” (ICA) of biennial update reports from developing countries. This is a step change from the existing reporting and review system – particularly for developing countries, since information from these countries is currently reported on an infrequent basis and is not reviewed. Establishing a system that combines improved reporting with some form of international verification could improve the quality of information available internationally and increase confidence in the integrity of the information reported. This would help to build trust between countries and potentially also increase the level of ambition of mitigation actions. Further decisions need to be made by Parties in order to determine the scope, inputs, process, outputs and frequency of IAR and ICA, as the decisions agreed at COP 16 (known as the “Cancun Agreements”) provide limited guidance on these items. This paper outlines key questions to help guide such decisions and provides suggestions for the possible design and function of IAR and ICA. It outlines how they could build on existing review processes under the UNFCCC and draw on lessons from other multilateral review processes. The challenge for the international community will be to ensure that IAR and ICA are useful processes, both nationally and internationally, while minimising the resource requirements needed to implement them.
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  • 37
    Language: English
    Pages: 1 Online-Ressource (62 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2011/02
    Keywords: Energy ; Environment
    Abstract: The Cancun Agreements outlined the list of topics to be included in biennial reports and indicated that guidelines for them were to be developed, but provided limited guidance on their structure and content. This paper proposes a structure for biennial reports for both developed and developing countries under the UNFCCC, and outlines possible reporting formats by which countries could submit this information. The paper suggests that: (i) a similar structure is developed for biennial reports from both developed and developing countries; this would ensure consistency of information presented within different countries’ reports, and would also facilitate international assessment and review (IAR) and international consultations and analysis (ICA); (ii) three main sections are included for biennial reports from all Parties: GHG inventory information; progress on mitigation and mitigation actions; and financial, technology and capacity building support; in addition, a section on emissions projections would be mandatory for developed countries and optional for developing countries; (iii) biennial reports focus on key information where possible, with fuller descriptions and background information reported either in annexes (in the case of national inventory reports from developing countries) or less frequently via other reporting mechanisms under the UNFCCC (such as national communications). This paper also proposes that flexibility be maintained in the reporting guidelines for biennial reports. This could be achieved through the use of “reporting levels” which reflect the different national circumstances and levels of reporting experience between Parties (particularly within the group of developing country Parties). Parties could choose the most appropriate level for each section of their report according to their goal type or reporting capacity, and “move up” levels as and when they can (as is currently the case for GHG inventory calculations). A limited number of levels are suggested for developed countries, as in many cases reporting to the highest level is already mandatory for these countries. For developing countries there could be greater flexibility and a higher number of reporting levels, reflecting the broad range of national circumstances and reporting capacities within this group. The introduction of reporting levels into guidelines would allow countries to provide information at a level that is consistent with their current capabilities, and to improve their reporting over time.
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  • 38
    Language: English
    Pages: 1 Online-Ressource (44 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2010/01
    Keywords: Energy ; Environment
    Abstract: The UN Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol established reporting requirements for Parties. This has resulted in comprehensive and timely information on national greenhouse gas (GHG) emissions from Annex I Parties, periodic reporting of other information from Annex I Parties and irregular provision of GHG emissions and other information from non-Annex I Parties. Thus, the current reporting framework does not enable a complete or up-to-date assessment of current global GHG emissions, goals, projected future emission trends or mitigation actions and their effects. This paper explores options for the functions, form, timing and content of future national reports under the UNFCCC, focusing on national communications. It suggests that reporting guidelines for future national communications could be “tiered”. This could allow countries to produce national communication “updates” on a frequent (e.g. biennial) basis – focusing the information in these updates on information of most relevance to the international community. “Full” national communications would also continue to be produced, but less frequently than “updates”. Different tiers could be established according to the type of country (e.g. Annex I or non-Annex I); type of mitigation pledge (e.g. nation-wide emissions limit, sectoral goal, mitigation action); and/or the frequency with which changes in particular parameters occur. Such a tiered approach could also provide flexibility for countries to improve the content and frequency of information that they report as their capacities allow. “Updates” to national communications, containing more targeted information on key elements, could be more user-friendly and could focus on the core elements in which national and international users are interested. Streamlined “updates” to national communications could therefore focus on parameters that either change frequently and/or are not currently reported or systematically included in national communications or other climate reports under the UNFCCC. This includes: regular information on historical GHG emissions (including calculation methodology and transfers of units) for many countries, as well as on financial support from Annex I countries; short or medium-term mitigation goals and strategies (e.g. to 2020); progress in implementing such goals and strategies; and improved information on financial needs in terms of GHG mitigation and adaptation activities (by non-Annex I countries).
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  • 39
    Language: English
    Pages: 1 Online-Ressource (61 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2010/04
    Keywords: Energy ; Environment
    Abstract: This paper outlines options for new reporting guidelines for national communications from Annex I and non-Annex I countries, both for “full” national communications and biennial “updates”. These reports can facilitate the sharing of information between Parties and may be used to assess the implementation of actions and progress towards the Convention’s objectives. There are significant gaps in the current climate reporting framework. These gaps are particularly marked for non-Annex I countries in terms of GHG emissions and trends, mitigation and adaptation actions. There are also gaps in terms of the effect of mitigation actions and support provided and received for climate-related activities, including for technology transfer and capacity building. This paper suggests that: (i) national communications be produced more frequently while their focus is streamlined; (ii) reporting guidelines be revised to improve transparency about mitigation commitments/actions/targets that countries have indicated to the international community as well as other obligations taken under the UNFCCC and subsequently; (iii) standard reporting formats be used for more of the information in national communications; (iv) a flexible reporting framework be established for non-Annex I countries, where the information in (and possibly timing of) national reports is “tiered” according to national circumstances; (v) an increased emphasis be placed on reporting of “key” issues; (vi) information routinely provided on adaptation measures and policies be formalised; (vii) reporting on “support” be increased and its structure improved; and (viii) in reports from non-Annex I countries, the provision of information that is already routinely provided be formalised.
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  • 40
    Language: English
    Pages: 71 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.774
    Keywords: Economics
    Abstract: This paper proposes an analytical framework for assessing policies that will contribute to a better integration of environmental externalities in the pursuit of economic efficiency and growth objectives. The framework consists of two parts. The first part lays out principles and criteria for the identification and selection of policies that will benefit both income and the environment or that will boost income at the least cost in terms of the environment (and vice-versa). In general putting a price on a pollution source or on the over-exploitation of a scarce resource is found to be the most efficient single policy to address many environment externalities. However, given that environmental damage often result from several interacting market failures, an appropriate policy response will in many cases involve a mix of complementary instruments. The second part focuses more on issues of structural adjustment related to the transition towards a greener economy. It finds that green growth policies could lead to significant re-allocation of resources within and across broad economic sectors. A policy framework facilitating the re-deployment of labour across firms and sectors, as well as the entry of new firms and the exit of firms in declining industries will thus be important in order for countries to seize the opportunities brought about by green growth policies.
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  • 41
    Language: English
    Pages: 59 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.791
    Keywords: Economics
    Abstract: Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which the effects of upstream competition vary with distance to frontier on a panel of 15 OECD countries and 20 sectors over 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that anticompetitive upstream regulations have curbed MFP growth over the past 15 years, more strongly so for observations that are close to the productivity frontier.
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  • 42
    Language: English
    Pages: 51 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.799
    Keywords: Economics
    Abstract: In this paper the recently updated product market regulation (PMR) indicators are extended to a larger set of countries including several non-OECD members. It investigates regulatory patterns in this extended set of countries as compared to the OECD countries and analyses the link between regulation and growth. On average, regulation is more restrictive of competition in non-member countries than in the OECD area. However, there exists considerable heterogeneity within this country grouping as concerns the level of the regulatory stance and its composition as well as the potential past evolution of regulatory processes. Furthermore, growth regressions provide evidence that less restrictive product market regulation is conducive to growth. An improvement of ½ index points of barriers to entrepreneurship would translate into approximately a 0.4% higher average annual rate of GDP per capita growth. However, the results also suggest that for countries that are less advanced, the potential growth benefits of enhancing product market competition may be impaired by other structural weaknesses. In particular, some restrictions of foreign trade and investment might be beneficial for growth in early stages of development.
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  • 43
    Language: English
    Pages: 1 Online-Ressource (45 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2009/04
    Keywords: Energy ; Environment
    Abstract: The Bali Action Plan (BAP) indicated the importance of “measurable, reportable and verifiable” (MRV) greenhouse gas (GHG) mitigation actions and commitments, as well as support for GHG mitigation actions, in the post-2012 climate framework. Negotiations underway for this framework have highlighted the benefits of, and interest in, expanding current MRV-related provisions, including to develop a more comprehensive and timely picture of countries’ mitigation efforts and support. Establishing some form of reporting or recording mechanism that could be used to centralise and track information on country mitigation actions, commitments and support could fill this gap. This mechanism could focus on current efforts, or also include information on future or planned efforts. Such a mechanism could take different forms, including a stand-alone electronic registry where actions (and potentially also commitments and support) could be reported ex post. Alternatively, information on actions and commitments could be recorded ex ante as an integral appendix of a post-2012 climate agreement. This paper explores the possible purposes, coverage and form of such a reporting/recording mechanism (subsequently referred to as a NAMAs registry); what information it could include in terms of actions, commitments and support; and the institutional implications of different design options. It thus focuses on the measurable and reportable components of MRV, rather than on verification.
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  • 44
    Language: English
    Pages: 1 Online-Ressource (50 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2009/03
    Keywords: Energy ; Environment
    Abstract: Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM), and to encourage mitigation at least possible cost. The introduction of new, sector-based, market mechanisms is only one of many proposals discussed by UNFCCC Parties in the context of a post-2012 international climate policy framework, as a possible means to support mitigation actions in developing countries. This paper considers the carbon market aspects of sectoral approaches to reduce greenhouse gas (GHG) emissions in developing countries. It discusses three general ways to link sectoral goals with the carbon market: (i) intensity goals, based on a GHG performance per unit of output; (ii) fixed emission goals, with an ex-post issuance of credits or trading with an ex-ante allocation of allowances; and (iii) technology-based sectoral objectives. This paper explores the domestic policy implications of moving from a single project approach (i.e., CDM), to a multi-plant, sector-wide carbon market mechanism implied by sectoral crediting and trading. It also touches on possible transition issues, especially from intensity-based emission goals to fixed ones. The paper concludes that sector-based market mechanisms, regardless of the design option chosen, will require some significant upfront effort both nationally and internationally to set appropriate baselines and ensure adequate measurement, reporting and verification in order to generate economically valuable and environmentally-credible credits. Technology diffusion goals may be supported by other means than the carbon market if developing GHG baselines for such activities were too difficult. Sectoral approaches also imply some significant policy effort in countries that adhere to them, to ensure that the baselines are exceeded so that carbon market revenues are generated, and that these revenues represent effective incentives for entities to pursue GHG mitigation, wherever it is most cost-effective to do so.
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  • 45
    Language: English
    Pages: 1 Online-Ressource (42 p.) , 21 x 29.7cm.
    Series Statement: OECD/IEA Climate Change Expert Group Papers no.2009/01
    Keywords: Energy ; Environment
    Abstract: The Bali Action Plan (BAP) language on “measurable, reportable and verifiable” (MRV) greenhouse gas mitigation actions and commitments for a post-2012 climate framework was introduced to apply both to developed countries’ greenhouse gas (GHG) commitments and actions (paragraph 1(b)(i) of the BAP), as well as to “nationally appropriate mitigation actions by developing country Parties in the context of sustainable development, supported and enabled by technology, financing and capacity-building” (paragraph 1(b)(ii)). This paper provides an overview of current efforts to assess if GHG mitigation actions underway in different countries and regions are “measurable, reportable and verifiable”. The paper also assesses how such efforts could be improved, explores MRV options for different types of GHG mitigation actions, and highlights decision points needed to establish a post-2012 framework.Several different types of GHG mitigation actions and commitments have been proposed for the post-2012 period. Some of these - such as national-level GHG emission limits - are already being used, with countries therefore already gaining experience with implementing, monitoring, reporting (and potentially reviewing or verifying the effects of) such actions/commitments. The extent of this experience varies both by type of action/commitment, as well as by country and sector. In general, Annex I countries have significant experience with monitoring and reporting national emission levels (reflecting their reporting commitments under the UNFCCC and Kyoto Protocol). However, official reporting on other GHG-mitigation actions occurs every few years in Annex I countries and only irregularly in non-Annex I countries. Thus, significant new guidance would be needed if post-2012 MRV provisions were to focus on GHG mitigation actions rather than GHG emission levels. In deciding a MRV framework, it will be important to consider measurement, reporting and verification issues separately (as for example some non-supported actions may be reported but not verified). A transition process may also be needed for some countries, in terms of what is to be subject to MRV provisions, and how M, R and V are to be carried out.
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  • 46
    Language: English
    Pages: 62 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.695
    Keywords: Economics
    Abstract: This paper describes patterns and developments of regulation that potentially affect product market competition in OECD countries over the past decade. It uses the 2008 update and revision of the OECD indicators of product market regulation (PMR) that integrate to a larger extent than in the past information on sector-specific regulation and adapt a simpler and more transparent aggregation technique. The results show that OECD countries have extensively liberalised product markets over the past ten years and – as a consequence - convergence of regulation across OECD countries can be observed. However, reforms appear to have slowed in the most recent period (2003-2008) as compared with the earlier period (1998- 2003). Easing of product market regulation appears to have been driven to a considerable extent by reforms in sector-specific regulation, notably as regards the gas, electricity and telecommunications markets. Countries appear also to have followed consistent reform approaches. However, scope for further reform remains, especially as regards controls of governments over businesses, and as regards certain sectors such as professional services and retail trade.
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  • 47
    Language: English
    Pages: 68 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.616
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  • 48
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD papers Vol. 7, no. 1, p. 1-50
    ISSN: 1681-2328
    Language: English
    Pages: 50 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 7, no. 1, p. 1-50
    Keywords: Environment ; Economics
    Abstract: The market for Clean Development Mechanism (CDM) projects is continuing to grow rapidly, with the current portfolio expecting to deliver 2 billion tons of CO2-eq greenhouse gas (GHG) emission reductions by 2012, equivalent to 17% of Annex I Parties’ base year GHG emissions. In total, governments and companies have earmarked over USD11 billion for CDM funding to 2012. This study analyses the various barriers to CDM market expansion in developing countries, and makes recommendations on how some of them can be removed or reduced. It also examines the distribution of CDM projects amongst regions and sectors.
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  • 49
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2006, no. 1, p. 87-136
    ISSN: 1995-2856
    Language: English
    Pages: 59 p
    Parallel Title: Parallelausg. Analyse empirique des facteurs d'économie politique influant sur les réformes structurelles dans l'OCDE
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2006, no. 1, p. 87-136
    Keywords: Economics
    Abstract: This paper was originally prepared for the OECD Working Party No. 1 under the authority of the OECD’s Economic Policy Committee. Jens Høj and Giuseppe Nicoletti work for the OECD Economics Department as a senior economist in the Country Studies Branch and as Head of the Structural Policy Analysis Division 1, respectively. Vincenzo Galasso is an Associate Professor of Economics at Università Bocconi in Italy and Thai-Thang Dang is a private sector consultant. The authors wish to thank Jean Philippe Cotis, Jørgen Elmeskov, Michael P. Feiner, Christopher Heady, Nick Johnstone and many other colleagues in the OECD Economics Department as well as representatives from OECD member countries for useful comments on a previous version of the paper.
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  • 50
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2006, no. 2, p. 7-38
    ISSN: 1995-2856
    Language: English
    Pages: 41 p
    Parallel Title: Parallelausg. La fiscalité et l'environnement des entreprises comme déterminants des investissements directs étrangers
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2006, no. 2, p. 7-38
    Keywords: Economics
    Abstract: How important are differences in corporate taxation for the investment decisions of multinational enterprises (MNEs)? Over the past decade, interest in this issue has been growing in parallel with the increasing mobility of capital and internationalisation of businesses. Standard models of the MNEs predict that corporate taxation can influence foreign direct investment (FDI) by creating a wedge between the pre- and post-tax returns on investment. The relevant tax wedge, however, depends on whether MNEs’ investment is incremental or involves the creation of entirely new plants.
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  • 51
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    In:  OECD journal: economic studies Vol. 2006, no. 2, p. 39-76
    ISSN: 1995-2856
    Language: English
    Pages: 47 p
    Parallel Title: Parallelausg. Réglementation des marchés de produits et convergence de la productivité
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2006, no. 2, p. 39-76
    Keywords: Economics
    Abstract: Product market regulation in the OECD area has generally become less restrictive of competition over recent years. This has lead to a degree of convergence in regulatory policies, but nonetheless, the productivity performance of OECD countries has become increasingly disparate. Indeed, according to some measures, the growth rates and levels of labour productivity have recently begun to diverge. Recent developments in the theory and empirics of growth suggest that cross-country productivity patterns may partly reflect differences in the policy and institutional environment (Acemoglu et al., 2004; Aghion and Griffith, 2005; Nicoletti and Scarpetta, 2003).
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  • 52
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.575
    Keywords: Economics
    Abstract: Based on 18 country reviews performed over the 2003-2005 period, this paper examines, the cross-country differences in policy approaches to product market competition and their consequences for product market rents. Against this background, the paper summarises OECD recommendations to further strengthen competition in various sectors and areas. These include: removing remaining barriers to trade and inward foreign direct investments; better securing deterrence of cartels through effective sanctions; facilitate market access to inherently competitive industries by easing zoning laws (the retail sector), abolishing reserved monopolies (sales of tobacco and alcohol), limiting the scope of trade associations’ self-regulation and easing residency or nationality requirements (professional services); meet competition challenges in network industries by facilitating the effective separation of monopoly components from competitive activities, reducing public ownership, clearly separating the government’s ownership and regulatory functions and creating the right incentives for investing in infrastructures.
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  • 53
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.502
    Keywords: Economics
    Abstract: This paper assesses the importance of taxation on foreign direct investment contributing to the literature in two ways. First, it relates bilateral FDI among OECD countries over the 1990s to a new set of estimates of corporate tax wedges that include many relevant aspects of FDI taxation. Second, it controls for a large set of additional policy and non-policy factors that may affect the attractiveness of a country for foreign investors. Furthermore, the empirical approach is novel in that it focuses on a semi-parametric estimation methodology that accounts for a number of unobserved effects possibly impinging on the choice of investment location by multinational enterprises. Consistent with previous findings, the estimation results suggest that corporate taxation has a non-negligible impact on FDI location choices. However, the results suggest that focusing only on taxation in home and host countries and omitting other policies (such as border policies and labour and product market settings) may lead to a serious overestimation of tax elasticities and their relevance for policy.
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  • 54
    Language: English
    Pages: 53 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.509
    Keywords: Economics
    Abstract: This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across borders and new technologies are incorporated into the production process. This suggest that remaining cross-country differences in product market regulation can partially explain the recent observed divergence of productivity in OECD countries, given the emergence of new general-purpose technologies over the 1990s. The paper also investigates two channels through which product market regulations might affect the international diffusion of productivity shocks, namely the adoption of information and communications technology and the location decisions of multi-national enterprises. In both cases the effect of anticompetitive product market regulation is found to be negative and significant.
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  • 55
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.501
    Keywords: Economics
    Abstract: In an empirical investigation, the paper identifies the main political economy drivers of structural policy changes in OECD countries' labour and product markets over the 1985-2003 and 1973-2003 periods respectively. Some of the drivers are beyond the control of governments (i.e., that are exogenous to the political process) while there are others over which governments may have some leverage. The core empirical results, based on a set of policy indicators that cover 21 countries, suggest that the former set of factors has an important influence on the implementation of structural reform, including economic crises, exposure to foreign competition, and government?s duration in office. Nonetheless, the latter set of factors, including budgetary conditions and spillovers across policy areas -- in particular from the product to the labour market -- is also important to both initiate and sustain reforms.
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  • 56
    Language: English
    Pages: 65 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.530
    Keywords: Economics
    Abstract: Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over the past three decades. The indicators focus on regulations that affect competitive pressures in areas where competition is economically viable and on the potential costs that these regulations entail for economic activities that use the output of regulated sectors as intermediate inputs in production. The paper illustrates the methodology used to compute the indicators and the patterns of product market regulation and regulatory reform that emerge from the analysis. The robustness of results is assessed in three ways: comparing the indicators to other available data covering the same areas; computing confidence intervals around the indicator values; and listing econometric results obtained by linking the indicators to measures of competition and economic performance.
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  • 57
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.460
    Keywords: Economics
    Abstract: This paper assesses the implications of past and ongoing reforms in OECD product markets for the labour productivity gap, a key component of cross-country differences in GDP per capita. After a brief review of the theoretical literature, we bring together the results obtained in some of our empirical work over the past few years, discussing econometric approaches and their drawbacks. We then use these results to gauge the likely effect of further reforms. We distinguish effects on capital deepening and technical progress by examining the impact of regulations on investment (domestic and foreign) and multi-factor productivity. We focus on the effects of policies aimed at strengthening private governance (e.g. through privatization) and opening up access to markets where competition is economically viable. The results suggest that pro-competitive reforms tend to increase both investment and multifactor productivity and, through both these channels, they can lead to higher growth in GDP per capita.
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  • 58
    Language: English
    Pages: 62 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.419
    Keywords: Economics
    Abstract: This paper describes trends in product market regulation in OECD countries over the period 1998 to 2003. The analysis is based on summary indicators of product market regulation that measure the degree to which policies promote or inhibit competition. The results suggest that regulatory impediments to competition have declined in all OECD countries in recent years. Regulation has also become more homogenous across the OECD as countries with relatively restrictive policies have, in some areas, moved towards the regulatory environment of the more liberalized countries. Within some countries product market policies have become more consistent across different regulatory provisions, although relatively restrictive countries still tend to have a more heterogeneous approach to competition. In general, domestic barriers to competition tend to be higher in countries that have higher barriers to foreign trade and investment, and high levels of state control and barriers to competition ...
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  • 59
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    Paris : OECD Publishing
    Language: English
    Pages: 50 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.472
    Keywords: Economics
    Abstract: We estimate the employment effects of product market reforms aimed at increasing competitive pressures and easing government controls in a sample of OECD countries over the past two decades. We control for several labour market policies and institutions that are thought to influence equilibrium employment rates, and check whether there are interactions between these policies and product market reforms. We find cross-country evidence that some labour and product market policies may be complementary and adjust for this in regressions. Consistent with the implications of the imperfect competition/bargaining model of Blanchard and Giavazzi (2003), our estimates suggest that restrictive regulations have curbed employment rates significantly in countries where no product market reforms were implemented. These effects appear to have been magnified by the interaction of such regulations with labour market settings that provide a strong bargaining power to insiders, suggesting that rent sharing tends to depress employment. The implication is that significant employment gains can be obtained by deregulating product markets in overly regulated countries. Moreover, these employment gains are likely to be higher in countries that have rigid labour markets.
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  • 60
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2001, no. 1, p. 183-227
    ISSN: 1995-2856
    Language: English
    Pages: 60 p
    Parallel Title: Parallelausg. Le transport aérien de passagers : Réglementation, structure du marché et performance
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2001, no. 1, p. 183-227
    Keywords: Economics
    Abstract: The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route levels. Covering the 1996-97 travel season, 21 aggregate indicators have been developed for 27 OECD countries, and 23 micro indicators for 102 air routes connecting 14 major international airports. These data are summarised by means of factor analysis. Controlling for market size, network length and other technological and economic differences, and combining national and route-level characteristics, cross-country and cross-route regressions show that i) productive efficiency increases and fares decline when regulations and market structures become more friendly to competition; ii) productive efficiency is sensitive to actual competitive pressures, as proxied by market concentration; iii) fares react to liberalisation independently from market structure, but in liberal environments their decline is amplified by actual competition between carriers; iv) business and economy fares tend to decline when they are liberalised and market concentration is reduced, but tend to increase when markets are dominated by airline alliances on the route; v) discount fares are affected by the overall market environment at route ends, charter regulations and the actual presence of challenger airlines on the route; and vi) airport congestion and dominance tend to increase fares in time-sensitive market segments.
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  • 61
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2001, no. 1, p. 99-142
    ISSN: 1995-2856
    Language: English
    Pages: 59 p
    Parallel Title: Parallelausg. Le secteur des télécommunications : Réglementation, structure du marché et performance
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2001, no. 1, p. 99-142
    Keywords: Economics
    Abstract: The paper uses an international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international) and mobile cellular telephony services in 23 OECD countries over the 1991-1997 period. The data on regulation and market structure is analysed by means of factor analysis techniques in order to group countries according to their policy and market environments. Controlling for technology developments and differences in economic structure, panel data estimates show that prospective competition (as proxied by the number of years remaining to liberalisation) and effective competition (as proxied by the share of new entrants or by the number of competitors) both bring about productivity and quality improvements and reduce the prices of all the telecommunications services considered in the analysis. No clear evidence could be found concerning the effects on performance of the ownership structure of the industry (as proxied by both the public share in the public telecommunications operators and years remaining to privatisation).
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  • 62
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    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2001, no. 1, p. 11-98
    ISSN: 1995-2856
    Language: English
    Pages: 103 p
    Parallel Title: Parallelausg. Mise en oeuvre et effets de la réforme de la réglementation : Leçons à tirer et problématique actuelle
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2001, no. 1, p. 11-98
    Keywords: Economics
    Abstract: This article reviews trends, outcomes and issues in regulatory reform in OECD countries. First, it summarises the evidence on the evolution of regulatory environments and the economy-wide and sectoral effects of reforms (including privatisation) in both competitive and non-competitive industries in the past two decades. Turning to network industries, it then discusses the main policy issues raised by the need to adapt the regulation of the non-competitive segments of these industries to increasing competition in liberalised markets. It focuses on four topics that dominate the debate over regulatory reform: i) the move from command-and-control to incentivebased regulatory approaches relying on the removal of entry barriers in competitive markets, the adoption of price-cap mechanisms and the design of efficient and competitively-neutral charges for accessing the fixed networks of incumbents; ii) the pros and cons of structural measures such as privatisation, and vertical and horizontal separation of formerly integrated monopolies; iii) the ways to ensure that important non-economic objectives, such as universality of service, continue to be achieved in a more competitive environment at a minimum cost for society; and iv) the design of regulatory mechanisms and institutions that encourage best practice regulation.
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  • 63
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2001, no. 1, p. 229-251
    ISSN: 1995-2856
    Language: English
    Pages: 38 p
    Parallel Title: Parallelausg. La réforme de la réglementation dans le secteur du transport routier de marchandises
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2001, no. 1, p. 229-251
    Keywords: Economics
    Abstract: This study analyses regulatory developments across OECD Member countries in the road freight industry, with a focus on how these developments have affected competition and performance. Over the past two decades, a growing number of OECD countries have recognised that regulations unduly restricting competitive developments in this industry needed to be relaxed. Still, the pace and scale of liberalisation has varied widely from one country to another. The main remaining impediment to competition is the restrictive web of bilateral international and/or multilateral agreements that continue to impose discrimination on foreign hauliers. The empirical evidence available suggests that liberalisation has promoted efficiency and consumer welfare in the countries that have implemented reforms.
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  • 64
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2003, no. 1, p. 7-83
    ISSN: 1995-2856
    Language: English
    Pages: 80 p
    Parallel Title: Parallelausg. L'influence des politiques sur les échanges et l'investissement direct étranger
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2003, no. 1, p. 7-83
    Keywords: Economics
    Abstract: This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring adequate levels of infrastructure capital. The analysis covers FDI and trade in both goods and services, thus aiming to account for the most important channels of globalisation and dealing with most modes of cross-border services supply. The results highlight that, despite extensive liberalisation over the past two decades, there is scope for further reducing policy barriers to integration of OECD markets. Remaining barriers have a significant impact on bilateral trade and FDI, with anticompetitive domestic regulations and restrictive labour market arrangements estimated to curb integration as much as explicit trade and FDI restrictions. Simulating the removal of such barriers suggests that the quantitative effects of further liberalisation of trade, FDI and domestic product and labour markets on global integration could be substantial...
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  • 65
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2001, no. 1, p. 253-274
    ISSN: 1995-2856
    Language: English
    Pages: 37 p
    Parallel Title: Parallelausg. La réforme de la réglementation dans le secteur de la distribution de détail
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2001, no. 1, p. 253-274
    Keywords: Economics
    Abstract: The main purpose of this paper is to analyse cross-country differences in the regulation of the retail distribution industry in the OECD area, focusing on the situation in 1998. Regulatory differences are cast against changes in the industry environment to highlight the potential interactions between regulation and market forces. A number of countries have extensively liberalised market access and price and service regulations. In some countries there is currently a tendency to introduce access restrictions for large outlets. In other countries market access has been traditionally hindered by restrictive regulations and administrative burdens. The available empirical evidence suggests that regulations that restrict shop opening hours and hinder access by imposing special requirements for outlet registration, siting and/or size thresholds curb the dynamism of the industry (e.g. lowering entry and exit rates, and preventing restructuring and modernisation) and competitive pressures, leading to lower employment growth and higher consumer prices.
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  • 66
    Language: English
    Pages: 127 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.359
    Keywords: Economics
    Abstract: This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring adequate levels of infrastructure capital. The analysis covers FDI and trade in both goods and services, thus aiming to account for the most important channels of globalisation and dealing with most modes of cross-border services supply. It first describes trends in trade, FDI and the four sets of policies using a large set of structural policy indicators recently constructed by the OECD, including the new summary indicators for FDI-specific regulations described in Golub (2003). It then estimates the impact of policies on bilateral trade and bilateral and multilateral FDI. The results highlight that, despite extensive liberalisation over the past two decades, there is scope for further reducing ...
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  • 67
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    Paris : OECD Publishing
    Language: English
    Pages: 66 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.347
    Keywords: Economics
    Abstract: In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth linkage using data that cover a large set of manufacturing and service industries over the past two decades. We focus on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross-country variance. We find evidence that reforms promoting private governance and competition (where these are viable) tend to boost productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ...
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  • 68
    Language: English
    Pages: 42 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.352
    Keywords: Economics
    Abstract: One commonly held view about the difference between continental European countries and other OECD countries, especially the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the product market, concerning in particular entry barriers, are negatively related to investment. The implications of our analysis are clear: regulatory reforms, especially those that liberalise entry, are very likely to spur investment ...
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  • 69
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.318
    Keywords: Economics
    Abstract: Using new cross-country data on industry-specific product market regulations, this paper investigates the relationship between wage premia and some of the policy determinants of product market rents. Hourly wage premia in 2-digit manufacturing and non-manufacturing industries are estimated from detailed data on wage earnings in (or around) 1996 by category of worker (age, sex, education and type of contract) in 12 European and North-American countries. The effects of regulation on these wage premia are estimated by panel data regression techniques. We find that product market regulation restricting competition has a significant positive impact on wage premia in both manufacturing and non-manufacturing industries. However, in the latter industries, this effect is offset by a negative effect of legal public monopolies on wage premia. Since public ownership per se shows no relation to premia, we interpret this result as evidence of either a low-productivity trap due to x-inefficiency ...
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  • 70
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    Paris : OECD Publishing
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.287
    Keywords: Economics
    Abstract: The paper looks at patterns of regulation in service industries and explores their implications for service performance. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on data recently collected and summarised by the OECD. The paper also surveys the available cross-country empirical evidence on the effects of regulatory reform on service productivity, prices and innovation. Finally, it discusses ways in which regulation can encourage competition, efficiency and investment in those segments of the service industries where non-competitive elements persist. The main conclusions reached are: i) in the past two decades OECD governments extensively reformed regulatory environments in both competitive and network service industries, generally making them closer to market mechanisms; ii) however due to differences in initial conditions and in the pace of reform, within each service industry the dispersion of ...
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  • 71
    Language: English
    Pages: 111 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.312
    Keywords: Economics
    Abstract: This paper analyses several of the cross-market effects of policies aimed at influencing outcomes in product and labour markets. Focusing on subsets of OECD countries, we look at the implications of product market competition for industry wages and overall employment, and the implications of labour market arrangements for industrial structure and innovation potential. We also look at the potential implications of regulatory reform for employment security and income inequality. We provide empirical evidence on long-run policy interactions by exploiting the cross-country and intersectoral dimensions of the data, though the analysis of employment uses also the time-series dimension. To this end, we rely on a large set of indicators of (economy-wide) labour market policies and institutions and (economy-wide, industry-specific and time-varying) product market regulations. We find that: (a) anticompetitive product market regulations have significant negative effects on non-agricultural ...
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  • 72
    Language: English
    Pages: 87 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.226
    Keywords: Economics
    Abstract: This paper presents a database on indicators of product market regulations and employment protection legislation for most of the OECD countries and illustrates a methodology for aggregating these detailed indicators into summary indicators of the strictness of regulations. The summary indicators are obtained by means of factor analysis, in which each component of the regulatory framework is weighted according to its contribution to the overall variance in the data. These indicators are used to assess the regulatory approaches across countries as well as the interrelations between various sets of regulatory provisions. While regulatory provisions can be classified and assessed from a variety of standpoints, this paper focuses exclusively on the relative friendliness of regulations to market mechanisms: there is no attempt to assess the overall quality of regulations or their aptness in achieving their stated public policy goals. The guiding principle inspiring the conception of the ...
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  • 73
    Language: English
    Pages: 75 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.254
    Keywords: Economics
    Abstract: The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route levels. Covering the 1996-97 travel season, 21 aggregate indicators have been developed for 27 OECD countries, and 23 micro indicators for 102 air routes connecting 14 major international airports. These data, summarised by means of factor analysis show that i) regulations affecting the air industry vary heavily across countries and routes; ii) in most markets, air services are still provided by a few carriers, generally dominated by an incumbent flag-carrier or by an airline alliance between incumbents; iii) only in a few cases new entrant airlines play a significant role; iv) in a large number of airports, a single airline controls more than half of the available slots; v) as a result, few international routes are truly open to ...
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  • 74
    Language: English
    Pages: 59 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.237
    Keywords: Economics
    Abstract: The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international) and mobile cellular telephony services in 23 OECD countries over the 1991-1997 period. The data on regulation and market structure is analysed by means of factor analysis techniques in order to group countries according to their policy and market environments. Controlling for technology developments and differences in economic structure, panel data estimates show that prospective competition (as proxied by the number of years remaining to liberalisation) and effective competition (as proxied by the share of new entrants or by the number of competitors) both bring about productivity and quality improvements and reduce the prices of all the telecommunications services considered in the analysis ...
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  • 75
    Language: English
    Pages: 102 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.251
    Keywords: Economics
    Abstract: This paper reviews trends, outcomes and issues in regulatory reform in OECD countries. First, it summarises the evidence on the evolution of regulatory environments and the economy-wide and sectoral effects of reforms (including privatisation) in both competitive and non-competitive industries in the past two decades. Turning to network industries, it then discusses the main policy issues raised by the need to adapt the regulation of the noncompetitive segments of these industries to increasing competition in liberalised markets. It focuses on four topics that dominate the debate over regulatory reform: i) the move from command-and-control to incentive-based regulatory approaches based on the removal of entry barriers in competitive markets, the adoption of price-cap mechanisms and the design of efficient and competitively-neutral charges for accessing the fixed networks of incumbents; ii) the pros and cons of structural measures such as privatisation, and vertical and horizontal ...
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  • 76
    Language: English
    Pages: 57 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.129
    Keywords: Economics
    Abstract: This paper uses a multivariate generalisation of the Beveridge and Nelson methodology to model trends and cycles of business-sector labour productivity in the major OECD countries. The method implies that the trend is the long-term forecast of productivity, given all available information; the cycle is thus interpreted as the total excess growth that one would forecast beyond "normal" rates of productivity (see Evans and Reichlin, 1992). Multivariate trends in productivity were estimated including series that Granger-cause and, possibly, are cointegrated with productivity. The corresponding cycles were compared with those generated by the Hodrick-Prescott filter and with the business-cycle dating of the OECD. The stability and predictive properties of the Beveridge-Nelson and Hodrick-Prescott trends were compared. Finally, the estimated productivity gaps were used as proxies for capacity utilisation in econometric models of price formation in order to assess their empirical ...
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  • 77
    Language: English
    Pages: 79 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.115
    Keywords: Economics
    Abstract: This paper presents simulation results using the OECD Secretariat's GREEN model to quantify the economic costs of possible international agreements to curb CO2 emissions. These results supersede the initial GREEN results published in Working Paper no. 103 in June 1991. The first section of the paper summarises the analysis and draws some conclusions for policy. Section II of the paper reviews the so-called Business-as-Usual scenario and presents some sensitivity analysis around it. Section III considers international agreements under which emission curbs are only applied by the OECD countries or the EC and no actions are taken by the non-OECD regions. Particular attention is paid to the possibility that unilateral action by the OECD countries might give rise to so-called "carbon leakages", i.e. higher emissions in the non-OECD regions. Section IV extends the coverage of the international agreements to embrace the non-OECD countries. It quantifies the gains from cost-effective ...
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  • 78
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    Paris : OECD Publishing
    Language: English
    Pages: 38 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.125
    Keywords: Economics
    Abstract: The aim of this paper is to analyse the implications of the European Commission proposal of a mixed energy cum carbon tax to curb CO2 emissions from a global perspective. The paper deals with the effects of this proposal on emissions and welfare in both the EC and the rest of the world by concentrating on three main issues: i) the effectiveness of the proposed tax measures in terms of curbing EC and global CO2 emissions; ii) the implied costs for the EC and the other countries/regions of the world; and iii) the implications of the EC proposal for the world distribution of emissions and the competitiveness of the EC economy. In this connection, the relevance of the so-called "carbon leakages" -- i.e. the displacement of polluting activities from countries participating in an emission reduction agreement to countries not concerned by the agreement -- is examined. The paper provides quantitative answers to these issues using simulations with GREEN, the global dynamic applied general ...
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  • 79
    Language: English
    Pages: 61 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.118
    Keywords: Economics
    Abstract: This paper forms part of an OECD project which addresses the issue of the costs of reducing CO2 emissions by comparing the results from six global models of a set of standardised scenarios. This paper provides evidence of regional differences with respect to carbon tax curves through the middle of the next century. It also develops some analytical tools that can help to explain the main mechanisms at work in GREEN. Finally, it evaluates the welfare and output costs entailed in reduction emissions ...
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  • 80
    Language: English
    Pages: 119 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.116
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironment model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of April 1992. It replaces the previous version of the GREEN Technical Manual which was issued in June 1991 as Working Paper No. 104 ...
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  • 81
    Language: English
    Pages: 92 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.90
    Keywords: Economics
    Abstract: Since the early 1980s, most OECD countries have embarked on medium-term strategies to restore greater balance to the public finances and to wind back government intervention in the economy. The attached paper examines the progress so far. It also reviews and evaluates some of the changes to public sector management practices which were implemented in the 1980s and assesses some of the pressures on the public sector which are likely to arise in the 1990s. Most OECD governments appear to have made significant headway in budgetary consolidation, particularly in the second half of the last decade, and public expenditure as a share of GDP has stabilised for the area as a whole, once allowance is made for cyclical effects. There has also been some measure of success in reducing economic regulation in a number of sectors. Nonetheless, governments are likely to face increased spending pressures in the 1990s, partly reflecting catch-up following expenditure restraint in the 1980s. Improving ...
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  • 82
    Language: English
    Pages: 57 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.103
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector. dynamic general equilibrium model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironmental model, hereafter referred to as GREEN. The purpose of this paper is to outline the main features of GREEN in a non-technical fashion and to present some preliminary results from three scenarios of alternative international agreements to cut CO2 emissions. The paper also sets out a range of options for possible extensions to the model, with the explicit aim of improving its policy relevance ...
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  • 83
    Language: English
    Pages: 103 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.104
    Keywords: Economics
    Abstract: The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironments model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of May 1991. Work is continuing to extend GREEN in several different directions to make the model more policy relevant, and a revised version of the technical manual will be issued in due course ...
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  • 84
    Language: English
    Pages: 89 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.61
    Keywords: Economics
    Abstract: Recent swings in fertility rates, combined with anticipated increases in life expectancy, are expected to result in a significant increase in the number and proportion of elderly persons in the first half of the next century. This "ageing" of OECD populations is expected to have widespread impacts, affecting labour markets, the composition and level of consumption and output, national rates of saving and the rate of capital accumulation, etc. A widely recognized effect of ageing will be the pressures it will place on public sector finances as the share of future output transferred to a large dependent population rises. This paper discusses some of the potential economic impacts of ageing. It also presents an analysis of its impacts on public pension financing requirements, with particular emphasis on selected OECD countries -- Germany, Japan, Sweden and the United States. It is shown that, where desirable, future increases in retirement age and benefit reductions could help reduce ...
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  • 85
    Language: English
    Pages: 43 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.62
    Keywords: Economics
    Abstract: Demographic changes, such as those anticipated in most OECD countries, have many economic effects that impinge on a country's fiscal viability. Evaluation of the effects of associated changes in capital-labour ratios and the welfare and behaviour of different generations requires the use of a dynamic general equilibrium model. This paper uses an overlapping generations demographic simulation model, which incorporates bequest behaviour, technological change, the possibility that the economy is open to international trade, and government consumption expenditures that depend on the age composition of the population. The model has been further adapted to study the effects of anticipated demographic changes in Japan, the Federal Republic of Germany, Sweden and the United States. The simulation results indicate that these changes could have a major impact on rates of national saving, real wage rate and current accounts. One of this paper's fundamental lessons is that allowing for general ...
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  • 86
    Language: English
    Pages: 99 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.50
    Keywords: Economics
    Abstract: This paper examines the empirical basis for the debt-neutrality hypothesis in an international cross-section of eight major OECD countries over the period 1961-85. The analysis uses a dynamic demand system for durable and non-durable goods derived from individual optimizing behaviour. The model nests three specifications corresponding to different degrees of consumer rationality: the traditional life-cycle consumption model, the case of inflation-adjustment of disposable income (no money illusion) and the case of full "tax discounting" (no fiscal illusion). In addition, the model incorporates explicitly the role of a variable interest rate and substitution between public and private consumption. The model is estimated using three different consumption aggregates at the single-country level and over the pooled data set. Estimates of the inflation-adjustment and fiscal illusion parameters are provided and specification tests opposing the three versions of the model are performed. The ...
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