IDEAS home Printed from https://ideas.repec.org/p/oec/ecoaaa/355-en.html
   My bibliography  Save this paper

Structural Policies and Growth: A Non-Technical Overview

Author

Listed:
  • Alain de Serres

Abstract

In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-à-vis the United States. Worse, the gap may even be widening since the mid-1990s. While in the case of Japan the gap in GDP per capita is essentially due to the lagging performance in labour productivity, the European Union is trailing mainly in terms of labour resource utilisation, reflecting both lower employment rates and fewer hours worked. This paper provides a brief overview of the main structural factors thought to have contributed to differences in the degree of labour resource utilisation, as well as in the intensity of physical and human capital use and in the pace of technological progress. In doing so, it provides a set of performance and policy indicators which can be used to assess progress achieved in structural reform ... Politiques structurelles et croissance : Une vue d'ensemble non-technique Contrairement à la tendance observée durant les années 60 et 70, certains des principaux pays de l’union européenne et le Japon ne referment plus l’écart qui les sépare des États-Unis en termes de revenu par habitant. Cet écart est peut-être même en train de se creuser davantage depuis le milieu des années 90. Alors qu’au Japon l’écart de PIB par habitant vis-à-vis des États-Unis est dû essentiellement au retard de la productivité, dans le cas de l’union européenne il s’explique largement par une plus faible utilisation des ressources de main d’œuvre, reflétant à la fois des taux d’emploi moins élevé et un nombre inférieur d’heures ouvrées. Cette étude donne une vue d’ensemble des liens entre les politiques structurelles et la performance des marchés du travail et des produits. Ce faisant, elle fournit un certain nombre d’indicateurs de performance et de politique qui peuvent êtres utilisés pour évaluer le progrès réalisé sur le plan des réformes structurelles ...

Suggested Citation

  • Alain de Serres, 2003. "Structural Policies and Growth: A Non-Technical Overview," OECD Economics Department Working Papers 355, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:355-en
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1787/877032331705
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bruno Tissot & Les Skoczylas, 2005. "Revisiting recent productivity developments across OECD countries," BIS Working Papers 182, Bank for International Settlements.
    2. Dirk Pilat, 2005. "Canada's Productivity Performance in International Perspective," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 24-44, Spring.
    3. Crafts, Nicholas, 2004. "The world economy in the 1990s: a long run perspective," Economic History Working Papers 22334, London School of Economics and Political Science, Department of Economic History.
    4. Gelauff, George & Lejour, Arjan, 2006. "The new Lisbon Strategy: An estiamtion of the impact of reaching 5 Lisbon targets," MPRA Paper 16168, University Library of Munich, Germany.
    5. Sepp, Jüri, 2007. "Estland: Eine ordnungspolitische Erfolgsgeschichte?," Discourses in Social Market Economy 2007-02, OrdnungsPolitisches Portal (OPO).

    More about this item

    Keywords

    croissance; employment rates; growth; politique structurelle; productivity; productivité; regulation; réglementation; structural policy; taux d'emploi;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:355-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/edoecfr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.