OECD Economic Studies No. 33 Volume 2001 Issue 2 (Complete Edition - ISBN 9264190058)

Author: OECD Organisation for Economic Co-operation and Development

Source: OECD Economic Studies, Volume 2001, Number 2, January 2002 , pp. I-228(229)

Publisher: OECD - Organisation for Economic Co-operation and Development

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Abstract:

TABLE OF CONTENTS THE DRIVING FORCES OF ECONOMIC GROWTH: PANEL DATA EVIDENCE FOR THE OECD COUNTRIES Long-term economic growth is influenced by the accumulation of physical and human capital as well as R&D activity, the macroeconomic environment, trade openness and well-developed financial markets. GROWTH EFFECTS OF EDUCATION AND SOCIAL CAPITAL IN THE OECD COUNTRIES What does recent evidence say about the effects of education and social capital on economic growth? R&D AND PRODUCTIVITY GROWTH: PANEL DATA ANALYSIS OF 16 OECD COUNTRIES Multifactor productivity growth in any OECD country is driven by business R&D, by public R&D and by other countries' R&D. MEASURING PRODUCTIVITY Examines the key problems in measuring productivity, provides guidance on how to address these issues, and discusses the appropriate use and interpretation of productivity indicators. ESTIMATING THE STRUCTURAL RATE OF UNEMPLOYMENT FOR THE OECD COUNTRIES How can structural unemployment be measured within a consistent economic framework, how has it varied across OECD countries and what are the policy implications of recent trends?

Page Count: 229 Figure Count: 35 Table Count: 26

Document Type: Review article

Publication date: 2002-01-01