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  • English  (35)
  • 2005-2009
  • 1990-1994  (35)
  • 1993  (35)
  • Paris : OECD Publishing
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  • 2005-2009
  • 1990-1994  (35)
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  • 1
    Language: English
    Pages: 61 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.130
    Keywords: Economics
    Abstract: This paper deals with trends and cycles of unemployment and labour-force participation. Empirical evidence on both trends and cyclical movements in unemployment and participation is presented. Some of the mechanisms behind the observed developments are also analysed, examining how well they fit into different theoretical frameworks. The implications for the assessment of labour market slack of the observed interplay between unemployment and participation are discussed. The paper ends by presenting some unexplained puzzles concerning the interplay between trends and cycles of unemployment and participation ...
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  • 2
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.133
    Keywords: Economics
    Abstract: Institutional questions have become increasingly prominent in the evaluation of nearly every area of structural policy. The present article shows how formal economic analysis may be brought to bear on the problem of understanding institutions. It begins by reviewing the recent history of thought on the economics of organisations. It then outlines the fundamentals of transactions cost economics, a branch of economic theory which views organisations as a response to competitive pressures to align different ways of channelling or "governing" a transaction -- these governance forms include market, hybrid or hierarchy -- with the transactions requirements of different economic sectors. The paper then demonstrates the applicability of this theory, which represents a significant departure from the neo-classical theory of the firm, in such diverse areas as intermediate product markets, corporate finance and governance, the modern corporation, regulation and deregulation and the failure of ...
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  • 3
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    Paris : OECD Publishing
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.136
    Keywords: Economics ; Japan
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. The paper gives an overview of the structure of the Japanese distribution system and discusses its economic performance, both on the grounds of efficiency and market access. Next, a detailed analysis of the Japanese distribution sector is carried out, on the basis of which policy recommendations are drawn ...
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  • 4
    Online Resource
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    Paris : OECD Publishing
    Language: English
    Pages: 71 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.142
    Keywords: Economics
    Abstract: This paper forms part of on-going OECD work on the economic assessment of public pension systems in view of the process of the ageing of populations. It provides indicative estimates of the likely size of public pension liabilities in the main seven economies based on simplifying assumptions, and analyses various methods of financing these liabilities. The methodology developed here is based on the so-called generational accounts approach. Such accounts indicate in present-value terms the lifetime financial burden government programmes impose on present and future generations. Up to now, the methodology has been used to estimate public pension liabilities in France and Belgium, in the framework of the 1993 OECD Economic Surveys for those countries ...
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  • 5
    Online Resource
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    Paris : OECD Publishing
    Language: English
    Pages: 76 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.139
    Keywords: Economics ; Italy
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. The paper discusses the role of distribution systems in the Italian economy and gives an overview of the transformation of the Italian distribution system in the 1970s and 1980s. In particular, it analyses the effects of the Law 426/71 on the evolution of the retail sector. Finally, it addresses the questions of structure and performance of the distribution system and their implications for welfare and competition ...
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  • 6
    ISBN: 9789282105375
    Language: English
    Pages: Online-Ressource (162 p)
    Series Statement: ECMT Round Tables no.90
    Parallel Title: Parallelausg. La privatisation des chemins de fer ; Rapport de la quatre-vingt-dixième table ronde d'économie des transports tenue à Paris les 4-5 février 1993
    Keywords: Transport
    Abstract: The privatisation of the railways is a topical issue. Many countries are launching privatisation programmeswith a view to reducing the operating deficits of the railways, notably by making them more competitive. However, at a time of high-speed trains, traffic congestion and concern over the environment, not everybody agrees on the merits of privatisation. This Round Table clarifies the issues, analyses a number of examples, and defines the potential obstacles to privatisation. It shows the difficulties inherent in such projects, and the scope for implementing them.
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  • 7
    ISBN: 9789282105412
    Language: English
    Pages: Online-Ressource (193 p)
    Series Statement: ECMT Round Tables no.92
    Keywords: Transport
    Abstract: Faced with mounting deficits, public transport is in search of a new image. Above all, service quality must beadapted to customer needs. A whole range of possibilities exist to make public transport more appealing: more frequent and punctual service, better equipment, improved customer relations, electronic payment facilities and more convenient connections are just a few of these. Round Table 92 takes stock of what is happening throughout Europe in this area. By comparing the interesting developments, a new image of public transport is slowly taking shape.
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  • 8
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    Paris : OECD Publishing
    Language: English
    Pages: 59 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.86
    Keywords: Development ; Ecuador ; Jamaica
    Abstract: This paper presents the results of a survey of micro-enterprises undertaken in Ecuador and Jamaica. The purpose was to understand the relationships between these countries' institutional and legal regulations, the degree of compliance by firms and the impact of compliance on their performance (particularly growth). This enquiry was complemented with case studies of issues related to compliance with regulations. Initially, the paper sets out to analyse the characteristics of the microenterprises surveyed and their type of insertion into product and factor markets. Afterwards, it describes the differences observed in the regulatory frameworks of the two countries, and explains the differences in the degree of compliance with the law on the part of small firms. The final part of the paper determines statistically the relative importance of the factors that influence firm registration and identifies their effects on the growth of micro-enterprises. The initial process of registration ...
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  • 9
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    Paris : OECD Publishing
    Language: English
    Pages: 35 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.128
    Keywords: Economics
    Abstract: Despite the increased capital mobility that has accompanied the trend towards liberalisation and international integration of financial markets, differences remain in financing costs and, in particular, the cost of capital, that similar businesses face in different countries. These differences have attracted considerable attention as important factors influencing international investment and productivity growth. A number of reviewed empirical studies suggest that Japan and Germany enjoyed a considerable advantage with regard to the cost of equity and, more broadly, the cost of capital compared to the United States and the United Kingdom in the 1980s. This was due to higher leverage, a much lower cost of equity in Japan and a lower cost of German firms' debt to banks. Many studies have argued that closer bank-customer relationships, and more stable prices and growth rates in Japan and Germany have tended to lower their cost of capital. More recent studies which cover the period ...
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  • 10
    Language: English
    Pages: 39 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.127
    Keywords: Economics
    Abstract: This paper sheds light on the complex macroeconomic effects initiated by capital income taxation using a dynamic applied general equilibrium model of the U.S. economy. The model considers impacts of policy changes on the allocation of resources across both industries and countries, and over time. Within the model, a given change in capital income taxation abroad affects the domestic economy through capital flows, commodity flows and tax revenue effects. Thus, the model considers the spillovers associated with changes in commodity flows in addition to the usual spillovers generated by capital movements. The simulation results illustrate rather well that personal and corporate income taxation yield very different conclusions in terms of macroeconomic consequences and that it is important to distinguish between short- and long-run policy implications of the two types of capital income tax policies ...
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  • 11
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    Paris : OECD Publishing
    Language: English
    Pages: 49 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.141
    Keywords: Economics ; Sweden
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. The paper gives an overview of the distribution system in Sweden for the period 1970-88. Next, it addresses the question of the static and dynamic efficiency in the distribution sector, as well as its competitive structure. The latter aspect is illustrated by a set of market structure indicators ...
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  • 12
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    Paris : OECD Publishing
    Language: English
    Pages: 127 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.132
    Keywords: Economics
    Abstract: Unemployment has emerged as one of the most pressing economic concerns in the majority of OECD countries. However, experiences differ across countries as regards the level, volatility and composition of unemployment. Nevertheless, a common feature in many countries is that given levels of wage acceleration, capacity utilisation and vacancy rates are now associated with much higher levels of unemployment than used to be the case two decades ago. Countries seem to differ in the extent to which rising trend unemployment reflects a rise in equilibrium unemployment ("the natural rate") or slow adjustment towards an equilibrium level which is lower than trend unemployment. A number of factors can be pointed to as affecting either equilibrium unemployment or the speed of adjustment in labour markets. Such factors comprise both labour market institutions and policies as well as features that are outside the realm of structural policies. A review of the literature as well as the examination ...
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  • 13
    Language: English
    Pages: 21 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.87
    Keywords: Development
    Abstract: A number of Asian countries have been able to follow the example of Japan and develop sophisticated industrial economies in a relatively short time. Specifically, Hong Kong, South Korea, Singapore and Taiwan have become known as the "Four Tigers" of Asia due to their strength and importance in international markets. It is not only the pace of industrialisation but the relative equity which has accompanied growth in these countries that has fascinated economists. This paper analyses alternative structural models which represent different theoretical frameworks for development in East Asia. A structural vectorautoregressive technique is used with panel data comprising Hong Kong, Japan, South Korea, Singapore and Taiwan, for the period 1969-89. This technique has been chosen because it can discriminate between structural hypotheses. The first model tested is a model of export-led output growth. In this exercise exports are allowed to have a direct stimulating effect on the economy. In ...
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  • 14
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    Paris : OECD Publishing
    Language: English
    Pages: 31 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Policy Briefs no.6
    Parallel Title: Parallelausg. Pour un développement durable de l'Afrique rurale
    Keywords: Development
    Abstract: . A growing recognition of the need to delimit the role of the government, to promote the market framework, and to rely on the private sector as the engine of growth, offers the prospect of a new beginning in rural development in Africa. . Rural people must take a more dominant role, both in shaping their economic prospects and in assuming the responsibility for a high quality of stewardship of natural resources. . To help to bring about such an empowerment of the people, governments and the donors will need to undertake some drastic reforms in the old systems and habits of governance.
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  • 15
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    Paris : OECD Publishing
    Language: English
    Pages: 119 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.140
    Keywords: Economics ; United Kingdom
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. The paper gives a comprehensive view of the distribution system in the United Kingdom. Namely, it assesses the contribution of this sector to the overall economy and gives a set of market structure indicators. The public policy issues related to the distribution system are also discussed ...
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  • 16
    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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  • 17
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.84
    Keywords: Development
    Abstract: Electronics has become critically important in every country's attempt to restructure or build its competitiveness. The developments in electronics have given rise to an industry with an unprecedented growth record in terms of sales and exports, innovative capacity, and spin-off potential for related services. But electronics has also infiltrated into many other industries through the pervasiveness of its application potential. Instead of competing solely on cost, competitive advantage is now often obtained by those who have the (temporary) benefit of having mastered cutting-edge technology. To the fore has come a type of innovation that builds on relations with users, on interaction with suppliers, subcontractors, universities, industry associations, government institutes, and even potential competitors through various kinds of cooperative agreements. Thus, the competitiveness of a firm depends not only on its own strength, but also on the support it receives from the external environment ...
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  • 18
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.91
    Keywords: Development
    Abstract: The environmental implications of international trade have come under intensified scrutiny in recent years, particularly with expanded interest in multilateralism, regionalism, and other negotiated trade regimes. The transfer of environmental effects, both positive and negative, is embodied in most trade patterns, particularly those which reflect technological hierarchy or other stratification by degree of economic modernization. Despite the emotional reaction these issues often arouse, the question of whether and to whom these transfers are beneficial or detrimental is a very complex one. In this paper, we use applied general equilibrium analysis to examine a well-established trade relationship between two diverse economies, Japan and Indonesia. Historically, it appears that their bilateral trade has conferred asymmetric environmental effects on the two countries, effecting a net transfer of some environmental costs from the former to the latter. In the light of this negative ...
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  • 19
    ISBN: 9789282105399
    Language: English
    Pages: Online-Ressource (128 p)
    Series Statement: ECMT Round Tables no.91
    Parallel Title: Parallelausg. Possibilités et limites des transports combinés ; Rapport de la quatre-vingt-onzième table ronde d'économie des transports tenue à Paris les 24-25 octobre 1991
    Keywords: Transport
    Abstract: One priority of European transport policy is to develop combined transport, a mode that is seen as providing a solution to the problem of road congestion while at the same time protecting the environment. Such transport is not developing as swiftly as might be hoped, however, and obstacles are arising in terms of, among others, productivity in multimodal terminals, terminal hauls, saturation of rail infrastructure, standardization of equipment, and the cost of transhipment facilities. Round Table 91 deals with these issues and also draws attention to the positive aspects of the growth ofcombined transport. The analysis is based on factual data and conducted from the broader perspective of thecontribution that combined transport can make to sustainable economic development.
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  • 20
    ISBN: 9789282105351
    Language: English
    Pages: Online-Ressource (126 p)
    Series Statement: ECMT Round Tables no.89
    Parallel Title: Parallelausg. Les transports maritimes à courte distance ; Rapport de la quatre-vingt-neuvième table ronde d'économie des transports tenue à Paris les 26-27 septembre 1991
    Keywords: Transport
    Abstract: In view of the growing congestion of inland transport infrastructure, both road and rail, short sea shipping clearly warrants consideration as a valuable alternative. It is, in fact, a branch of transport activity that has attracted little attention, so its potential is still to be assessed. Round Table 89 provides some factual information and analyses in this respect, thus giving a clearer picture of the activity at present and of the main obstacles to its development, such as the cost of port operations and legal problems.
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  • 21
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    Paris : OECD Publishing
    Language: English
    Pages: 68 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.90
    Keywords: Development ; Morocco
    Abstract: This paper reports on the construction of an Input-Output table for the economy of Morocco. The table is calibrated to the year 1990 and details the interactions between 133 primary, manufacturing, and service sectors, relying on a combination of a more aggregate table estimated by the Moroccan government and detailed data from official sources. This table will form the core of a detailed social accounting matrix (SAM) currently under construction as part of the same work programme. Ultimately, the SAM will be incorporated into a general equilibrium model, to be used cooperatively by the Development Centre, the Moroccan government, and the World Bank for trade and resource policy analysis. This report describes in detail the construction of the Input-Output table, presents the table in its entirety, and provides some preliminary multiplier estimates elucidating the links between Moroccan agriculture and the rest of the economy ...
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  • 22
    Online Resource
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    Paris : OECD Publishing
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.138
    Keywords: Economics ; France
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. This paper gives an overview of the structure, policy and performance of the French distribution system for the period 1970-90. This analysis is then put into the perspective of international competition. It also draws some recommendations for future policy in this area ...
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  • 23
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    Paris : OECD Publishing
    ISBN: 9789264062412
    Language: English
    Pages: Online-Ressource (234 p)
    Series Statement: Public Management Studies
    Parallel Title: Parallelausg. Flexibilité des rémunérations dans le secteur public
    Keywords: Governance
    Abstract: This volume, based on the proceedings of a symposium held at the OECD, provides a wide ranging analysis of what pay flexibility actually implies, how it is developing in different countries and different parts of the public sector, and what it is achieving. Bringing together contributions from public sector practitioners and from specialists in pay and industrial relations, the volume seeks to draw lessons from experience that will help to guide future developments in this important and sensitive area of public policy.
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  • 24
    Language: English
    Pages: 56 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.126
    Keywords: Economics
    Abstract: This paper first gives a brief account of the main changes introduced by OECD governments in their capital income tax rules during the 1980s with respect to both the corporate and personal sectors. It then examines the evolution of effective capital taxation, using a summary measure ("tax wedges") which takes into account the different nature of national tax systems. Finally, the paper discusses the future of capital income taxation in an environment of increasing international capital mobility ...
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  • 25
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    Paris : OECD Publishing
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Working Papers no.89
    Keywords: Development ; China, People’s Republic
    Abstract: China is emerging as a leading Pacific economy in the 1990s. This paper examines the implications of China's entry into the world market for the OECD countries as well as for the regional economies of Asia and the Pacific. It argues that the shares of Asian countries in the OECD countries' market cannot increase without bound, as China and its neighbouring developing economies have basically similar export profiles, competing with each other for market shares for similar products. China's coastal strategy has led to the emergence of a "greater China", encompassing China, Hong Kong and Taiwan. Growing trade and investment flows between China and Taiwan via Hong Kong since the mid-1980s can be understood as components of "catching-up" processes, described by some trade economists as the "flying-geese" pattern of trade development. In short, China's entry into the world market is a "positive sum" game, as it provides new market opportunities for both OECD countries and Asian NIEs. In ...
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  • 26
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    Paris : OECD Publishing
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.135
    Keywords: Economics ; United States
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. The paper begins with a conceptual framework describing the functions, market outcomes and economic implications of the distribution sector. Next, it gives an overview of the U.S. distribution system in the 1980s. In particular, it discusses some specific characteristics underlying the functioning of the U.S. distribution system. Finally, it assesses the efficiency question and its implications for foreign trade. Some policy recommendations are then drawn on that basis ...
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  • 27
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    Paris : OECD Publishing
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Development Centre Policy Briefs no.7
    Parallel Title: Parallelausg. Création d'emploi et stratégie de développement
    Keywords: Development
    Abstract: . Developing countries will account for almost all the increase in the world's labour force over the next 25 years; most countries, especially in Africa, will experience very rapid labour force growth. . Labour-intensive development has been spectacularly successful in some countries and others have begun to emulate them. Nevertheless, many countries still need to rethink policies and programmes in the light of the increasing urgency of employment creation. .The poor and the unemployed have much to gain from labour-intensive development, but fears about the short-term impact of reforms may cause them to oppose change. . Carefully targeted programmes of public works and food security measures implemented early in the reform process, plus improved incentives for farmers, may be essential for the popular support of reform.
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  • 28
    ISBN: 9789264031036
    Language: English
    Pages: Online-Ressource (200 p)
    Series Statement: Public Management Studies
    Parallel Title: Parallelausg. Les traitements du privé pour le public ; Rémunération liée à la performance pour les cadres de la fonction publique
    Parallel Title: Parallelausg. Les traitements du privé pour le public : Rémunération liée à la performance pour les cadres de la fonction publique
    Keywords: Governance
    Abstract: This publication reviews performance pay schemes covering middle management and senior management levels in departments and agencies of central government and also looks at, on a selective basis, schemes for managers in other parts of the public sector. The objectives of the study were to investigate why performance-related pay schemes are being introduced at management levels in the public sector, to examine how these schemes operate, to assess whether the schemes are meeting their stated objectives, and tosee whether and under what conditions performance pay can operate successfully in public sector settings.
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  • 29
    ISBN: 9789282107423
    Language: English
    Pages: Online-Ressource (654 p.)
    Series Statement: International Symposium on Theory and Practice in Transport Economics no.12
    Keywords: Transport
    Abstract: This book presents the proceedings of the Twelfth International Symposium on theory and practice in transport economics held in Lisbon in 1992. The conference focused on transport growth.
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  • 30
    Language: English
    Pages: 1 Online-Ressource (46 p.)
    Series Statement: OECD Labour Market and Social Policy Occasional Papers no.11
    Keywords: Employment ; Social Issues/Migration/Health
    Abstract: The Centre for Co-operation with European Economies in Transition ("the Centre"), which was created in March 1990, is the focal point for cooperation between the OECD and Central and Eastern European countries. Its major responsibility is to design and manage a programme of policy advice and technical assistance which puts the expertise of the Secretariat and Member countries at the disposal of countries engaged in economic reform. This advice or assistance can take numerous forms, including conferences, seminars, missions and workshops in order to explore policy questions or review draft legislation; it can also include training for government officials who are called to implement market-oriented policies.
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  • 31
    Language: English
    Pages: 1 Online-Ressource (54 p.)
    Series Statement: OECD Labour Market and Social Policy Occasional Papers no.10
    Keywords: Employment ; Social Issues/Migration/Health
    Abstract: Forecasts of employment by occupation have been made in several OECD countries since the early 1950s. Medium to long-term projections are now made in most OECD countries, and a number of countries publish them regularly. This paper by Gerald Hughes, of the Economic and Social Research Institute, Dublin, examines how their objectives, methods and uses have changed over the last three decades. It covers technical issues such as the standard method of projection using statistics for employment cross-classified by industry and occupation, the integration of information from other sources such as surveys of employer expectations, the confrontation of employment forecasts with separate models of labour supply, and the competing "rate of return" approach to investment in human capital. It also considers management issues such as the institutional status of the bodies that make forecasts, and methods of disseminating the results to training institutions, career advisers and other users.
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  • 32
    Online Resource
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    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (131 p.)
    Series Statement: OECD Labour Market and Social Policy Occasional Papers no.12
    Keywords: Employment ; Social Issues/Migration/Health
    Abstract: Lone-parent families, particularly the large majority headed by the mother, are over-represented among low income families. Employment and the resultant earnings represent a the main path out of economic disadvantage. This paper examines the pattern of labour force attachment of lone mothers in eight OECD countries. The factors which may affect their labour force participation are considered: the work incentives embedded in public transfer programmes and taxation systems, availability of child care, other arrangements which may help or hinder paid work for all mothers, and the characteristics of lone-mother families which may affect work behaviour. An appendix provides details on the public policies and programme structures affecting lone mothers in each of the eight participating countries: Australia, Austria, Canada, Finland, the Netherlands, Sweden, the United Kingdom, and the United States. The report was compiled by Australia on behalf of a panel of experts nominated by the national administrations of the eight countries included.
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  • 33
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    Paris : OECD Publishing
    Language: English
    Pages: 63 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.131
    Keywords: Economics
    Abstract: Starting from the theoretical argument underlying the “hump shape” hypothesis, the paper investigates the various dimensions of centralisation in the wage formation process. The diversity of effects discussed in the paper makes it harder to arrive at unambiguous policy conclusions. Careful analysis of the various features and economy-wide direct as well as indirect effect of the degree of centralisation in the wage formation process suggests that there exists various trade-offs, the most important of which appears to be that between real wage restraint and relative wage flexibility: centralisation favours the former but reduces the latter. This suggests that its effect on macroeconomic performance depends on the type of shocks affecting the economy ...
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  • 34
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    Paris : OECD Publishing
    Language: English
    Pages: 44 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.134
    Keywords: Economics
    Abstract: This paper investigates the link between trade flows and relative wages on a cross-section of 22 sectors in 12 OECD countries. Industries are classified according to stylised facts about market structure (fragmentation, segmentation and degree of product differentiation). Next, the import penetration trends during the period 1970-90 are analysed, with special attention paid to the imports from Asian NICs. Finally, panel data estimates of a relative wage equation, encompassing both the characterisation of industries by type of market structure, as well as import penetration and export-intensity variables, are carried out. The results show that the impact of import penetration on relative wages tends to be negative in industries with low product differentiation, whereas the reverse result occurs in industries with high product differentiation and market segmentation ...
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  • 35
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    Paris : OECD Publishing
    Language: English
    Pages: 139 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.137
    Keywords: Economics ; Germany
    Abstract: This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries. First, the paper discusses the role of distribution systems in the overall economic performance. Next, it gives an overview of the structure and evolution of the distribution system in West Germany for the period 1970-1988. Finally, it analyses the impact of competition laws and other regulations on the distribution of consumer goods ...
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