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The Sources of Economic Growth in OECD Countries

Author: Organisation for Economic Co-operation and Development.
Publisher: OECD Publishing, 2003.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
And Policy Conclusions -- Economic Growth: the Aggregate Evidence -- Policy Settings, Institutions and Aggregate Economic Growth -- What Drives Productivity Growth at the Industry Level? -- Firm Dynamics, Productivity and Policy Settings -- Annexes.
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Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Organisation for Economic Co-operation and Development.
ISBN: 9789264199460 9264199462
OCLC Number: 752209365
Description: 154 pages
Responsibility: Organisation for Economic Co-operation and Development.

Abstract:

And Policy Conclusions -- Economic Growth: the Aggregate Evidence -- Policy Settings, Institutions and Aggregate Economic Growth -- What Drives Productivity Growth at the Industry Level? -- Firm Dynamics, Productivity and Policy Settings -- Annexes.

Understand growth disparities between OECD countries over the past twenty years through identification and analysis of underlying factors. Growth patterns through the 1990s and into this decade have turned received wisdom on its head. For most of the post-war period, OECD countries with relatively low GDP per capita grew faster than richer countries. Since the late 1990s, however, that pattern has broken down with the United States notably drawing further ahead of the field. This publication provides a comprehensive overview of growth drivers across the OECD and the extent to which disparities are attributable to factors like new technology and R & D, macroeconomic policy, education and training, labour market flexibility, product market competition, and barriers to business start-up and closure.

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