Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream.
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it.
Product market regulation on average is Slovenia does not appear particularly stringent, but heavy state involvement and high market concentration in several industries call for the gauging of competitive pressures in Slovenian industries.
This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.
Remarks by Pier Carlo Padoan at the release of the 2010 edition Of Going For Growth on March 10, 2010
This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends.
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Call for papers for the OECD & Ifo / CESifo Conference on Regulation: Political Economy, Measurement and Effects on Performance taking place from 29-30 January 2010 in Munich, Germany.
Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive pressures.