This paper examines the effect of international patent stock on total factor productivity for 16 OECD countries over the past 120 years. The results show that the international patent stock is highly influential for economic growth and, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and σ-convergence among...

This paper examines the effect of international patent stock on total factor productivity for 16 OECD countries over the past 120 years. The results show that the international patent stock is highly influential for economic growth and, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and σ-convergence among...

This paper explores the effects of product and labour market regulation on growth in total factor productivity (TFP) using panel data from 1974–2003 for 18 OECD countries. Our regressions are specified so that labour and product market regulations can affect productivity both individually and in combination. While noting that the results are sensitive to the...

This report presents an overview of a September 2006 workshop which aimed to identify and scope the main issues relating to raise of new online, content-rich audiovisual services and related business and policy challenges.

The Australians facing the strongest disincentives to work are mostly on middle and lower incomes argues Nicholas Gruen in this CEDA report. These people are also the ones most likely to respond to the incentive provided by tax cuts. To encourage more work, tax cutting should focus on lowering the bottom (15 per cent) income...