Events

KTI seminar

Start: 04/23/2018 14:00
End: 04/23/2018 16:00
Location: MTA Research House 1097 Budapest, Tóth Kálmán utca 4. fszt. K13 terem

Description

Égert Balázs /OECD/
Regulation, institutions and productivity: New macroeconomic evidence from OECD countries

Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. In this paper, we seek to understand the drivers of country-level MFP with a special emphasis on product and labour market policies and the quality of institutions. For a panel of OECD countries, we find that anticompetitive product market regulations are associated with lower MFP levels and that higher innovation intensity and greater openness go in tandem with higher MFP. We also find that the impact of product market regulations on MFP may depend on the level of labour market regulations. Better institutions, a more business friendly environment and lower barriers to trade and investment amplify the positive impact of R&D spending on MFP. Finally, we also show that cross-country MFP variations can be explained to a considerable extent by cross-country variation in labour market regulations, barriers to trade and investment and institutions (including corruption).

Economics with policy - international seminar series organized by the Centre for Economic and Regional Studies

A monthly event, it features the presentation of an academic paper and a shortdiscussion. In this seminar, papers will be presented on diverse topics from international trade, regional development, competition, game theory to labor markets or education. A one hour presentation will be followed by a moderated policy discussion where the author and the moderator will discuss the policy relevant conclusions and potential applications in the European Union and Hungary.

Territorial Cohesion in Europe - International Conference for the 70th Anniversary of the Transdanubian Research Institute

The Transdanubian Research Institute (recently Department) of the Centre for Economic and Regional Studies Institute for Regional Studies will celebrate the 70th anniversary of its foundation in the year 2013.

Our heartfelt congratulations and best wishes to Professor János Kornai

... on the occasion of his 85th birthday.

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Economics with policy - international seminar series organized by the Centre for Economic and Regional Studies

A monthly event, it features the presentation of an academic paper and a shortdiscussion. In this seminar, papers will be presented on diverse topics from international trade, regional development, competition, game theory to labor markets or education. A one hour presentation will be followed by a moderated policy discussion where the author and the moderator will discuss the policy relevant conclusions and potential applications in the European Union and Hungary.

Economics with policy - international seminar series organized by the Centre for Economic and Regional Studies

A monthly event, it features the presentation of an academic paper and a shortdiscussion. In this seminar, papers will be presented on diverse topics from international trade, regional development, competition, game theory to labor markets or education. A one hour presentation will be followed by a moderated policy discussion where the author and the moderator will discuss the policy relevant conclusions and potential applications in the European Union and Hungary.

Key research projects

Main international projects running in the three Research Institutes of CERS HAS

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