Publications & Documents


  • 9-March-2015

    English, PDF, 283kb

    Technological effects of intra-OECD trade in manufacturing: a panel data analysis over the period 1988-2008

    This article seeks to study how intra-OECD trade in manufacturing goods has affected technological heterogeneity across member states during 1988-2008. To this aim, we derive a panel data version of the Eaton and Kortum (2002) normalised trade model to estimate, annually, the technological heterogeneity of OECD countries.

  • 9-March-2015

    English, PDF, 283kb

    Technological effects of intra-OECD trade in manufacturing: a panel data analysis over the period 1988-2008

    This article seeks to study how intra-OECD trade in manufacturing goods has affected technological heterogeneity across member states during 1988-2008. To this aim, we derive a panel data version of the Eaton and Kortum (2002) normalised trade model to estimate, annually, the technological heterogeneity of OECD countries.

  • 9-March-2015

    English, PDF, 283kb

    Technological effects of intra-OECD trade in manufacturing: a panel data analysis over the period 1988-2008

    This article seeks to study how intra-OECD trade in manufacturing goods has affected technological heterogeneity across member states during 1988-2008. To this aim, we derive a panel data version of the Eaton and Kortum (2002) normalised trade model to estimate, annually, the technological heterogeneity of OECD countries.

  • 9-March-2015

    English, PDF, 283kb

    Technological effects of intra-OECD trade in manufacturing: a panel data analysis over the period 1988-2008

    This article seeks to study how intra-OECD trade in manufacturing goods has affected technological heterogeneity across member states during 1988-2008. To this aim, we derive a panel data version of the Eaton and Kortum (2002) normalised trade model to estimate, annually, the technological heterogeneity of OECD countries.

  • 9-March-2015

    English, PDF, 527kb

    Policy incentives for private innovation and maximising the returns

    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.

  • 9-March-2015

    English, PDF, 511kb

    Choosing the pace of fiscal consolidation

    In many OECD countries debt has soared to levels threatening fiscal sustainability, necessitating its reduction over the medium to longer term. This paper proposes a stylised model, featuring endogenous interactions between fiscal policy, growth and financial markets, to highlight how economic shocks and structural features of an economy can affect consolidation strategy and resulting growth and inflation developments.

  • 9-March-2015

    English

    OECD Journal: Economic Studies

    OECD Journal: Economic Studies publishes articles in the area of economic policy analysis, applied economics, and statistical analysis, generally with an international or cross-country dimension.

  • Economics Department Working Papers
  • 9-March-2015

    English, PDF, 708kb

    Reconciling fiscal consolidation with growth and equity

    Despite sustained efforts made in recent years to rein in budget deficits, a majority of OECD countries still face substantial public finance consolidation needs. While essential to avoid the disruption and large costs ultimately associated with unsustainable public finances, fiscal consolidation complicates the task of achieving other policy goals. In most cases, it weighs on demand in the short term.

  • 6-March-2015

    English

    Boosting productivity in Russia: skills, education and innovation

    The labour market in Russia is very flexible. This results in a high and stable overall employment rate, but also high wage inequality, informality and labour turnover, which limits incentives for firms to invest in human capital and productivity improvements.

    Related Documents
  • 6-March-2015

    English

    The conduct of monetary policy in the future: instrument use

    The set of monetary policy instruments has expanded since the start of the global financial crisis in the many OECD economies. Against this background, this paper analyses whether some of the new instruments should be retained in the long term when broader financial stability objectives are likely to feature more prominently as monetary policy goals than prior to the crisis.

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