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A Simple Simulation Framework
出版Organisation for Economic Co-operation and Development, Economics Department, 2011
URLhttp://books.google.com.hk/books?id=Q4qC0AEACAAJ&hl=&source=gbs_api
註釋Presents a framework to assess the impact of a wide range of structural policy reforms on gross domestic product (GDP) per capita at various horizons by linking together previous empirical studies mostly carried out by the OECD. Suggests that the largest long-run GDP per capita gains may be obtained from reforms that would raise the quantity and quality of education, strengthen competition in product markets, reduce the level and/or duration of unemployment benefits, cut labour tax wedges and relax employment protection legislation. Argues that past reforms in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade prior to the recent financial and economic crisis. Simulations further indicate that addressing all policy weaknesses in each OECD country by aligning policy settings on the OECD average could raise GDP per capita by as much as 25% in the typical country.