Working Papers


  • 23-November-2017

    English

    Reviving productive investment in Estonia

    Since the crisis, Estonia has experienced one of the most pronounced declines in the ratio of non-residential investment to GDP in the OECD.

  • 9-October-2017

    English

    Sustaining nature-based tourism in Iceland

    celand has been experiencing a tourism boom. The number of tourists visiting annually quadrupled between 2010 and 2016 and shows continued strength. The tourism sector is now the major export earner and is also creating new jobs and supporting new businesses.

  • 23-March-2017

    English

    Foreign Direct Investment and The Pollution Haven Hypothesis – Evidence from Listed Firms

    Business has often been arguing against the introduction of a carbon tax because it would induce a pollution haven effect – reducing the competitiveness of domestic production and shifting both production and emissions to countries where fossil fuels are cheaper.

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  • 23-March-2017

    English

    Energy prices, environmental policies and investment - evidence from listed firms

    The 2°C (or less) limit on global warming agreed at the UN Climate Change Conference of 2015 in Paris effectively implies that manufacturing industries in developed countries have to undertake significant investments, in particular in more energy efficient production technology.

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  • 23-February-2017

    English

    Finance and productivity: A literature review

    This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.

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  • 11-January-2017

    English

    Malaysia’s economic success story and challenges

    Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

  • 2-June-2016

    English

    Improving transport and energy infrastructure investment in Poland

    Over the last decade, Poland has significantly upgraded its infrastructure network, and public investment has risen rapidly. However, bottlenecks still weigh on productivity growth and environmental and health outcomes, and the perceived quality of transport and energy infrastructure remains lower than in most OECD countries.

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  • 10-March-2016

    English

    Do environmental policies affect global value chains? A new perspective on the pollution haven hypothesis

    Using a gravity model of bilateral trade in manufacturing industries for selected OECD and BRIICS countries over 1990s-2000s, this paper studies how exports are related to national environmental policies.

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  • 9-February-2016

    English

    How stringent are environmental policies?

    Presentation of new quantitative indexes of environmental policy stringency (EPS).

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  • 29-May-2015

    English

    Making the most of natural resources in Indonesia

    In Indonesia, the pressure on the environment that natural resource exploitation is creating should be addressed by increasing the share of gas and renewables in the energy mix, properly defining property rights and regulations regarding forest land, and implementing a positive implicit carbon price. More resources should be devoted to combating widespread illegal mining and deforestation.

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