Better understanding of the drivers of aggregate productivity and wage inequality requires data that offer a representative picture of the underlying firm-level heterogeneity while at the same time being able to reproduce patterns observed in aggregate data. This paper compares statistics calculated with OECD MultiProd data against the benchmark of the OECD STructural ANalysis (STAN) Database.
This paper presents a framework for measuring the digital transformation of manufacturing industries, and maps the impact of digital technologies across these several dimensions: firm productivity growth, business dynamism, industry concentration, firm mark-ups and mergers and acquisition activity.
This paper sheds light on their potential costs in terms of foregone investments. Applying an augmented gravity model, covering 60 advanced and emerging countries over the period 1997–2016, it estimates the elasticity of bilateral FDI positions and cross-border M&A activity to FDI restrictions as measured by the OECD FDI Regulatory Restrictiveness Index.
This study proposes a taxonomy of sectors according to the extent to which they have gone digital. The taxonomy accounts for some of the key facets of the digital transformation, and recognises that sectors differ in their development and adoption of the most advanced “digital” technologies, in the human capital needed to embed them in production and in the extent to which digital tools are used to deal with clients and suppliers.
While the size-wage and size-productivity premia are significantly weaker in market services compared to manufacturing, the link between wages and productivity is stronger. The combination of these results suggests that in a service economy the “size-wage premium” becomes more a “productivity-wage premium”.
This analysis examines dynamics of estimated firm mark-ups across 26 countries over 14 years. Price mark-ups are linked to measures of digital intensity of sectors in order to ascertain whether differences in exposure to digitalisation are related to differences in mark-ups across industries, and how this relationship has changed over time.
This study sheds light on the extent to which different types of employee skills are rewarded as industries go digital in an analysis of 31 countries.
This paper explores the role of state-owned enterprises (SOEs) in the low-carbon transition in OECD and G20 countries. It tracks GHG emissions and energy investments and analyses the impact of on investments in renewable electricity. A descriptive analysis of SOEs’ role in the electricity sector shows the importance of SOEs, including investments in both renewables and fossil-fuel-based electricity generation.
Despite their acclaimed importance, empirical evidence on MNEs is not widely available and largely incomplete, with data only available for a subset of OECD economies. Based on the new OECD analytical AMNE database including information on MNEs across 43 industries and countries on a bilateral basis, this paper derives new insights on the importance of MNEs today.
In order to safeguard their competitiveness in an increasingly digitalised global economy, governments across OECD and emerging economies are implementing a range of policy measures/programmes to support investment in and use of robotics. This paper assesses the extent to which robotics impact the organisation of production through offshoring and backshoring.