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Julian Messina - One of the best experts on this subject based on the ideXlab platform.

  • institutions and service employment a panel study for OECD Countries
    Labour, 2005
    Co-Authors: Julian Messina
    Abstract:

    We live in a service economy, but the extent of development of service employment differs across developed Countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD Countries. It finds that GDP per capita, the size of the government sector and the extent of urbanization are positively associated with the service employment share. However, the evidence suggests that laws and institutions such as product market regulations, unions and more coordinated wage-setting systems are hampering the expansion of service employment. JEL Classification: J21, L80, L51

  • institutions and service employment a panel study for OECD Countries
    Social Science Research Network, 2004
    Co-Authors: Julian Messina
    Abstract:

    We live in a service economy, but the extent of development of service employment differs across developed Countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD Countries. It finds that GDP per capita, the size of the government sector and the extent of urbanization are positively associated with the service employment share. However, the evidence suggests that laws and institutions such as product market regulations, unions and more coordinated wage-setting systems are hampering the expansion of service employment.

David G Blanchflower - One of the best experts on this subject based on the ideXlab platform.

  • self employment in OECD Countries
    Labour Economics, 2000
    Co-Authors: David G Blanchflower
    Abstract:

    Abstract The paper examines the role and influence of self-employment across the OECD. The overall trend in self-employment, at the economy level in the years since 1966, has been down in most Countries. The main exceptions to this are Portugal, New Zealand and the United Kingdom where the trend has been upward. For most Countries there is a negative relationship between the self-employment rate and the unemployment rate. The probability of being self-employed is higher among men than women and rises with age. The least educated have the highest probability of being self-employed, however, evidence is found that the most highly educated also have relatively high probabilities. The self-employed have higher levels of job satisfaction than employees. I could find no evidence that increases in the self-employment rate increased the real growth rate of the economy; in fact there was even evidence of the opposite. The self-employed are less willing to move from their neighborhoods, towns and regions than are employees, presumably because of the pull of their customers. I developed a flexibility index based on information provided by individuals in 1995. According to this index the US economy was the most flexible, followed by Canada, Germany and the Netherlands. Latvia, Russia and Hungary were found to be the least flexible Countries. Of the OECD Countries examined, Austria and Ireland were ranked lowest.

  • self employment in OECD Countries
    Social Science Research Network, 2000
    Co-Authors: David G Blanchflower
    Abstract:

    This paper describes measurement of a self-employment rate and the important role the agricultural sector plays in any analysis of the determinants of self-employment. The determinants of the self-employment rate are modeled using a panel of 23 Countries for the period 1966-1996. A similar analysis is then performed at the level of the individual using a time-series of cross-sections for the period 1975-1996 for 19 Countries. For most Countries there is a negative relationship between the self-employment rate and the unemployment rate. It is also shown that the self-employed are more satisfied with their jobs than are individuals who are not their own boss. I developed a flexibility index based on information provided by individuals in 1995. According to this index, the U.S. economy was the most flexible, followed by Canada, Germany and the Netherlands. Latvia, Russia and Hungary were found to be the least flexible Countries. Of the OECD Countries examined, Austria and Ireland were ranked lowest.

Kahraman Kalyoncu - One of the best experts on this subject based on the ideXlab platform.

  • purchasing power parity in OECD Countries evidence from panel unit root
    Social Science Research Network, 2008
    Co-Authors: Huseyin Kalyoncu, Kahraman Kalyoncu
    Abstract:

    This paper investigates the validity of purchasing power parity (PPP) for 25 OECD Countries by using a panel unit-root methodology. The procedure used here is to examine stationarity of real exchange rate. Using ADF unit-root test on single time-series, it is found that real exchange rate of all OECD Countries have unit root. This outcome, however, might be due to the generally low power of this test. The aim of this paper is to reconsider this issue by exploiting the extra information provided by the combination of the time-series and cross-sectional data and the subsequent power advantages of panel data unit-root tests. We apply the test advocated by Im et al. [Im, K.S., Pesaran, M.H., Shin, Y., 1997. Testing for unit roots in heterogenous panels. University of Cambridge, Department of Applied Economics]. According to estimation results real exchange rate in OECD Countries are stationary and support long-run purchasing power parity.

Akif M Destek - One of the best experts on this subject based on the ideXlab platform.

  • renewable energy and sustainable development nexus in selected OECD Countries
    International Journal of Energy Economics and Policy, 2015
    Co-Authors: Cuma Bozkurt, Akif M Destek
    Abstract:

    This article investigates the relationship between economic growth, renewable energy consumption, gross fixed capital and total number of labor for 1980-2012 in selected OECD Countries in terms of sustainability. Four OECD Countries are included in our model in order to differentiate the relationship between nuclear energy consumption and economic growth in more developed OECD Countries such as the U.S. and Germany with less developed OECD Countries such as Turkey and Italy. According to the results of ARDL approach, the effect of renewable energy consumption on GDP is positive in both U.S. and Germany whereas renewable energy consumption has negatively correlated with GDP in Italy and Turkey. It can be concluded that renewable energy consumption has positive effect on economic growth only in more developed Countries. Keywords: Economic Growth; Sustainable Development; Renewable Energy; ARDL Bound Test. JEL Classifications: F43; Q01; Q43; Q56

Michael Bleaney - One of the best experts on this subject based on the ideXlab platform.

  • fiscal policy and growth evidence from OECD Countries
    Journal of Public Economics, 1999
    Co-Authors: Richard Kneller, Michael Bleaney, Norman Gemmell
    Abstract:

    Abstract Is the evidence consistent with the predictions of endogenous growth models that the structure of taxation and public expenditure can affect the steady-state growth rate? Much previous research needs to be re-evaluated because it ignores the biases associated with incomplete specification of the government budget constraint. We show these biases to be substantial and, correcting for them, find strong support for the Barro model (1990, Government spending in a simple model of endogenous growth. Journal of Political Economy 98 (1), s103–117, for a panel of 22 OECD Countries, 1970–95. Specifically we find that (1) distortionary taxation reduces growth, whilst non-distortionary taxation does not; and (2) productive government expenditure enhances growth, whilst non-productive expenditure does not.

  • central bank independence wage bargaining structure and macroeconomic performance in OECD Countries
    Oxford Economic Papers, 1996
    Co-Authors: Michael Bleaney
    Abstract:

    The impact of central bank independence and wage-bargaining structure on inflation and unemployment is explored theoretically and tested empirically for a sample of seventeen OECD Countries over two separate periods. The results suggest that inflation is lower in economies with greater central bank independence and that the equilibrium unemployment rate depends on the structure of the labor market. Greater central bank independence does not appear to be associated with higher unemployment. Copyright 1996 by Royal Economic Society.