{"title":"The ICT Productivity Paradox: Insights from Micro Data","authors":"D. Pilat","doi":"10.1787/ECO_STUDIES-V2004-ART3-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2004-ART3-EN","url":null,"abstract":"Empirical analysis of the economic impacts of information and communications technology (ICT) has followed three main tracks, namely analysis with aggregate data on ICT investment, with data on ICTproducing and ICT-using industries, and with firm-level data. Firm-level data point to factors influencing the impacts of ICT that cannot be observed at the aggregate level, e.g. organisational factors or the availability of skills. Firm-level data can also point to competitive effects that may accompany the spread...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"78 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129955340","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Business Dynamics and Policies","authors":"N. Brandt","doi":"10.1787/ECO_STUDIES-V2004-ART2-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2004-ART2-EN","url":null,"abstract":"This study presents evidence on firm entry and exit, growth and survival derived with new data from Eurostat, covering nine European Union member countries. Cross-country and cross-industry patterns in firm entry rates are analysed with a special emphasis on detailed information and communication technology (ICT) related sectors, which has not been possible with previously available cross-country data. Firm entry rates turn out to be rather moderate in more mature industries...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"102 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127131398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pietro Catte, Nathalie Girouard, R. Price, C. André
{"title":"The Contribution of Housing Markets to Cyclical Resilience","authors":"Pietro Catte, Nathalie Girouard, R. Price, C. André","doi":"10.1787/ECO_STUDIES-V2004-ART6-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2004-ART6-EN","url":null,"abstract":"This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the factors behind house price variability, which help to determine whether the housing sector plays a stabilising role or not.","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115848802","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Effectiveness of tax incentives to boost (retirement) saving: theoretical motivation and empirical evidence","authors":"O. Attanasio, J. Banks, M. Wakefield","doi":"10.1920/WP.IFS.2004.0433","DOIUrl":"https://doi.org/10.1920/WP.IFS.2004.0433","url":null,"abstract":"The adequacy of household saving for retirement has become a policy issue all around the world. The UK and US have been in the vanguard of those countries that have tried to encourage retirement saving by providing tax-favoured treatment for particular savings accounts. We consider empirical evidence from these two countries regarding the extent to which funds in some specific tax advantaged accounts (IRAs in the US, TESSAs and ISAs in the UK) represent new savings. Our best interpretation of this evidence is that: only relatively small fractions of these funds can be considered to be \"new\" saving and so these policies have been an expensive means of encouraging saving; there has been some deadweight loss from the policies associated with \"reshuffling\" of existing savings. Continuing improvements in data on individual financial behaviour create scope for future empirical analysis of incentives to save, both within the standard economic framework that we explain and exploit, and by considering extensions to and adaptations of it.","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127152919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Towards More Harmonised Estimates of Investment in Software","authors":"Nadīm Aḥmad","doi":"10.1787/ECO_STUDIES-V2003-ART12-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2003-ART12-EN","url":null,"abstract":"The latest system of national accounts (SNA93) recommended that purchases of software (and any ownaccount production) should be treated as investment as long as the acquisition satisfied conventional asset requirements. This change added about 1 per cent to GDP in most OECD economies in the mid-1990s. However, the range of the revision has been significantly different across countries, leading many observers to question the comparability of these statistics. An OECD task force has formulated a set of recommendations describing a harmonised method for estimating software and this paper provides estimates of changes to GDP levels and growth that might be expected if the OECD recommendations were applied. Estimates of changes are also presented using an alternative harmonised method. Whichever harmonised method is applied, the impact on GDP levels is likely to be significant, and in some countries about 1 per cent of GDP ...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"378 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123822599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Labour Force Participation of Women: Empirical Evidence on The Role of Policy and Other Determinants in OECD Countries","authors":"Florence Jaumotte","doi":"10.1787/ECO_STUDIES-V2003-ART9-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2003-ART9-EN","url":null,"abstract":"This paper examines the determinants of female labour force participation in OECD countries. The econometric analysis uses a panel data set covering 17 OECD countries over the period 1985-1999, and distinguishes between part-time and full-time female participation rates. It shows a positive impact on female participation of a more neutral tax treatment of second earners (relative to single individuals), childcare subsidies, and paid maternity and parental leave. On the other hand, child benefits reduce female participation due to an income effect and their lump-sum character. Female education, the general labour market conditions, and cultural attitudes remain major determinants of female participation. Simulations illustrate the potentially significant impact that some of the examined policies could exert on female participation ...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123744584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Capital Stocks, Capital Services and Multi-Factor Productivity Measures","authors":"P. Schreyer","doi":"10.1787/ECO_STUDIES-V2003-ART11-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2003-ART11-EN","url":null,"abstract":"Capital services measures have long been recognised as the appropriate concept to capture capital input in production and productivity analysis. However, only few countries’ statistical agencies construct and publish such capital services measures. This paper describes capital services measures developed by OECD and presents estimation methods and results for the G7 countries. By way of example, the consequences of applying capital services measures instead of measures of gross or net capital stocks in the computation of rates of multi-factor productivity growth are examined for three countries, the United States, France and Australia ...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114832662","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Retirement Behaviour in OECD Countries","authors":"R. Duval","doi":"10.1787/eco_studies-v2003-art8-en","DOIUrl":"https://doi.org/10.1787/eco_studies-v2003-art8-en","url":null,"abstract":"This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement decision of older males in OECD countries. For each of the 55-59, 60-64 and 65+ age groups, a new panel dataset of retirement incentives embedded in those schemes is constructed, focusing mainly on the implicit tax rate on continued work. These currently differ widely across OECD countries: they are high in most Continental European Countries, compared with Japan, Korea, English-speaking and Nordic countries. Simple cross-country correlations and panel data econometric estimates both show that implicit taxes on continued work have sizeable effects on the departure of older male workers from the labour force ...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130155793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Enhancing the Cost Effectiveness of Public Spending","authors":"I. Joumard, Per Mathis Kongsrud, Y. Nam, R. Price","doi":"10.1787/ECO_STUDIES-V2003-ART10-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2003-ART10-EN","url":null,"abstract":"In most OECD countries, public spending rose steadily as a share of GDP over the past decades to the mid-1990s, but this trend has since abated. The spending pressures stemming from the continued expansion of social programmes have been partly compensated by transient or one-off factors. Pressures on public spending, however, appear likely to intensify, in particular as a consequence of ageing populations. Since most OECD economies have very little scope for raising taxation or debt to finance higher spending, reforms to curb the growth in public spending while raising its cost effectiveness are now required. Based on detailed country reviews for over two-thirds of OECD countries, this paper identifies three main areas for action: the budget process; management practices; and the use of market mechanisms in the delivery of public services ...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133334075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"International Production Relocation and Exports of Services","authors":"N. Pain, D. V. Welsum","doi":"10.1787/ECO_STUDIES-V2004-ART4-EN","DOIUrl":"https://doi.org/10.1787/ECO_STUDIES-V2004-ART4-EN","url":null,"abstract":"This paper explores the relationship between the relocation of international production and exports of services from the United States using a number of different panel data estimators for six different categories of services. A conventional export demand relationship is augmented by three different measures of the extent of international production relocation by US-based parent companies in service and non-service industries. Our results reveal considerable heterogeneity in the relationship...","PeriodicalId":257911,"journal":{"name":"Oecd Economic Studies","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121451667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}