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This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions.
Structural Policy Indicators Database for Economic Research (SPIDER)
This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes.
Poland’s productivity has grown strongly over the past two decades. However, the public and private capital stock is weak, and investment remains focused on the adoption of existing technologies, which weighs on future productivity gains and innovation.
Poland’s catch up with other OECD country has been largely based on productivity growth resulting from restructuring towards more productive sectors and foreign technology absorption.
Since the early 2000s, the investment rate has declined, driven by the decrease in business investment.
Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level but are still of concern to policy makers because of the risks they pose to individual economies, as well as globally.
The Indicators of Product Market Regulation Database is a comprehensive and internationally-comparable set of information about the state of regulation and market structures in OECD countries as well as for Brazil, China, India, Indonesia, Russia and South Africa.
Over the past decade, limited structural reform and capital investment have held back productivity growth and improvements in well-being, and Thailand has lost ground vis-à-vis regional comparators.