Working Papers


  • 22-May-2013

    English

    R&D, patenting and growth: the role of public policy

    This paper uses panel regression techniques to assess the policy determinants of private sector innovative Activity – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in influencing the returns to new knowledge.

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  • 11-April-2013

    English

    The determinants of informality in Mexico’s states

    Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously.

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  • 11-April-2013

    English

    Legal reform, contract enforcement and firm size in Mexico

    Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size.

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  • 21-February-2013

    English

    Boosting productivity in Australia

    Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken over time.

  • 29-January-2013

    English

  • 6-November-2012

    English

    Unleashing business innovation in Canada

    This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output growth. Many general framework conditions are highly favourable to business risk taking and innovation, including macro stability, openness, strong human capital, low corporate tax rates, low barriers to firm entry and flexible labour markets.

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  • 31-October-2012

    English

    Public policy and resource allocation: evidence from firms in OECD countries

    The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others.

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  • 17-October-2012

    English

    Promoting SME development in Indonesia

    Micro, small and medium-sized firms (MSMEs) are a key source of employment and economic growth in Indonesia. They contributed to the country’s economic resilience during the 2008-09 financial crisis.

  • 17-October-2012

    English

    Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

    Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.

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  • 17-October-2012

    English

    Public debt, economic growth and nonlinear effects: myth or reality?

    The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt to GDP ratio higher than 90% of GDP is associated with considerably lower economic performance in advanced and emerging economies alike.

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