Industrial Productivity Growth Linkages Between OECD Countries, 1970–90

1997 ◽  
Vol 9 (2) ◽  
pp. 221-230 ◽  
Author(s):  
Robert E. Evenson
2021 ◽  
Vol 200 ◽  
pp. 109762
Author(s):  
Gilbert Cette ◽  
Aurélien Devillard ◽  
Vincenzo Spiezia

2010 ◽  
Author(s):  
Renaud Bourlès ◽  
Gilbert Cette ◽  
Jimmy Lopez ◽  
Jacques Mairesse ◽  
Giuseppe Nicoletti

2019 ◽  
pp. 1-43
Author(s):  
Klaus Gründler

This paper examines the mechanisms that determine the “vanishing effect of finance” on economic growth found in recent studies. Based on both current (171 countries, 1960–2014) and historical (21 OECD countries, 1870–2009) data, the results show that financial development promotes growth in poorer countries by increasing education and investment, and by decreasing fertility. The relevance of these transmission channels declines when countries become richer. The growth effect of the financial sector in high-income countries primarily depends on new ideas and potentials for innovation projects. Consequently, the major decline in factor productivity growth since the early 2000s has contributed to the reduction in the financial sector’s average effect on growth.


2019 ◽  
Vol 28 (6) ◽  
pp. 1497-1513 ◽  
Author(s):  
Gaétan de Rassenfosse ◽  
Russell Thomson

Abstract Offshoring research and development (R&D) commonly invokes concerns regarding the loss of high value jobs and a hollowing out of technological capabilities, but it can also benefit domestic firms by enabling them to tap into the global technological frontier. We study the effect of R&D offshoring on industrial productivity in the home country using industry-level data for 18 OECD countries over a 26-year period. Simultaneity between productivity and R&D offshoring is addressed by using foreign tax policy as an instrument for offshored R&D. We show that R&D offshoring contributes positively to productivity in the home country, irrespective of the host country destination.


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