Evidence-based Policy Making in Labor Economics
Evidence-based Policy Making in Labor Economics

Author: Daniel S. Hamermesh

Publisher: Bloomsbury Publishing

Published: 2017-09-07

Total Pages: 375

ISBN-13: 1472950739

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Evidence-based Policy Making in Labor Economics distills and condenses the best thinking and research on labor economic issues to enable decision makers make better informed policy decisions. Written by well-known labor economists worldwide, research findings on key policy issues are presented in a compact and readable format, as distillations of comprehensive evidence-based research with concise policy recommendations. Designed to act as a quick reference, this guide brings together summaries of over 100 articles published on IZA World of Labor to give busy policymakers and political advisors worldwide instant access to reliable and up-to-date guidance on key policy topics including: asylum and immigration policy, youth unemployment and life-long learning, innovation, and technological change.

Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina
Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina

Author: Ms.Lusine Lusinyan

Publisher: International Monetary Fund

Published: 2018-08-03

Total Pages: 29

ISBN-13: 1484373030

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The paper uses a supply-side framework based on a production function approach to assess the role of structural reforms in boosting long-term GDP growth in Argentina. The impact of product, labor, trade, and tax reforms on each supply-side channel—capital accumulation, labor utilization, and total factor productivity, proxied with an efficiency estimate—is assessed separately and then combined to derive the total impact on growth. The largest effect of structural reforms, involving regulatory changes that promote competition and facilitate flexible forms of employment, comes through the productivity/efficiency channel. Pro-competition regulation also improves labor utilization, while lower entry barriers and trade tariffs are important for capital accumulation. Structural reforms could have substantial effects on Argentina’s long-term GDP growth; for example, an ambitious reform effort to improve business regulatory environment would add 1–11⁄2 percent to average annual growth of GDP.

The OECD Report on Regulatory Reform
The OECD Report on Regulatory Reform

Author: Organisation for Economic Co-operation and Development

Publisher: OECD Publishing

Published: 1997

Total Pages: 72

ISBN-13:

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Report on the significance, direction, and means of reform in regulatory regimes in member countries. Contents: 1. Why reform regulations? 2. Effects of regulatory reform 3. Supporting public policy goals 4. Strategies for successful reform.

What is the Impact of Increased Business Competition?
What is the Impact of Increased Business Competition?

Author: Sónia Félix

Publisher: International Monetary Fund

Published: 2019-12-13

Total Pages: 57

ISBN-13: 1513521519

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This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.

Strengthening Argentina's Integration into the Global Economy
Strengthening Argentina's Integration into the Global Economy

Author: Martha Martínez Licetti

Publisher: World Bank Publications

Published: 2018-05-14

Total Pages: 173

ISBN-13: 1464812756

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Integration into global markets can improve the efficiency of the Argentinian economy, providing opportunities for private investment to flourish and for the associated benefits to accrue to consumers. Among many policies that are important for integrating into the global economy, particularly relevant are trade, investment, and competition policies. They all share a common attribute: the capacity to shape the incentives of firms to improve resource allocation and to strengthen productivity while integrating into international markets. Once properly combined, investment, trade, and competition polices have mutually reinforcing relationships in the sense that growth dividends stemming from reforms in one policy area are reinforced when properly combined with reforms in the other two. Against this backdrop, this report follows a three-pronged approach. It presents a set of robust empirical analyses †“ drawing from both general and partial equilibrium exercises - to assess the potential impacts from trade, competition, and investment policy reforms. It offers a new comparative review of international experience with structural microeconomic reform programs to bring insights for Argentina’s design and sequencing of such reforms. Finally, it presents individual reform recommendations for each institution in charge of the three respective policy areas in an integrated step-by-step framework from the firm perspective to illustrate the critical challenges to investment and internationalization for Argentinian firms.

Beyond Tenderpreneurship
Beyond Tenderpreneurship

Author: MISTRA MISTRA

Publisher: African Books Collective

Published: 2020-04-16

Total Pages: 244

ISBN-13: 1928509142

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Black Economic Empowerment (BEE) policies have been a central pillar of attempts to overcome the economic legacy of apartheid. Yet, more than two decades into democracy, economic exclusion in South Africa still largely re?ects the fault-lines of the apartheid era. Current discourse often con?ates BEE with the so-called tenderpreneurship referred to in the title, namely the reliance of some emergent black capitalists on state patronage. Authors go beyond this notion to understand BEEs role from a unique perspective. They trace the history of black entrepreneurship and how deliberate policies under colonialism and its apartheid variant sought to suppress this impulse. In the context of modern South Africa, authors interrogate the complex dynamics of class formation, economic empowerment and redress against the backdrop of broader macroeconomic policies. They examine questions relating to whether B-BBEE policies are informed by strategies to change the structure of the economy. These issues are explored against the backdrop of the experiences of other developing countries and their journeys of industrialisation. The relevant black empowerment experiences of countries such as the United States are also discussed. The authors identify policy and programmatic interventions to forge the non-racial future that the constitution enjoins South Africans to build.

Structural Reforms, Productivity and Technological Change in Latin America
Structural Reforms, Productivity and Technological Change in Latin America

Author: Jorge M. Katz

Publisher: United Nations Publications

Published: 2001

Total Pages: 164

ISBN-13:

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In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

The Learning Economy and the Economics of Hope
The Learning Economy and the Economics of Hope

Author: Bengt-Åke Lundvall

Publisher: Anthem Press

Published: 2016-12-01

Total Pages: 343

ISBN-13: 1783085983

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‘The Learning Economy and the Economics of Hope’ brings together contributions by an expert on policies, management and economics of innovation and knowledge. It offers original insights in processes of innovation and learning and it draws implications for economic theory and public policy. It introduces the reader to important concepts such as innovation systems and the learning economy. It throws a new light on economic development and opens up for a new kind of economics – the economics of hope. It offers a fresh perspective on many of the most important global challenges of today showing how full attention to the characteristics of the learning economy needs to be combined with innovation in global governance if we want to be able to handle these challenges. ‘The Learning Economy and the Economics of Hope’ presents work published between 1985 and 1992 and introduces the core concepts innovation as an interactive process. The analysis demonstrates that new technology is developed in an interaction between individuals and organisations and that innovation would not thrive in an economy similar to textbook models of pure markets and perfect competition. It also presents articles that were published between 2004 and 2010. These may be seen as further developments and evidence-based consolidation of ideas that were presented more than ten years earlier. It presents the learning economy through the perspective of the economics of knowledge. The concluding part of the book includes three papers that make use of the conceptual frameworks developed in an analysis of China’s innovation system and policy, Europe’s crisis and Africa’s underdevelopment.