Drawing on the 2018 update of the OECD’s Inter-Country Input-Output (ICIO) database, this paper explores the evolution of trade in value added between 2005 and 2015. Changes in international production systems are examined with particular attention given to four key sectors heavily integrated into global value chains: textiles and apparel, chemicals, ICT and electronics, and motor vehicles.
This paper presents a new effort to collect comprehensive metadata for DynEmp and MultiProd, two OECD distributed microdata projects that collect information to analyse employment dynamics and productivity in a harmonised way across countries.
The post financial crisis period has been associated with increased countercyclical use of various financial policies, including residency-based measures. This paper analyses in a single analytical framework the relative effectiveness of three types of financial policies – macroprudential (foundations), currency-based (fences), and residency-based measures (fire doors).
Better understanding of the drivers of aggregate productivity and wage inequality requires data that offer a representative picture of the underlying firm-level heterogeneity while at the same time being able to reproduce patterns observed in aggregate data. This paper compares statistics calculated with OECD MultiProd data against the benchmark of the OECD STructural ANalysis (STAN) Database.
This paper presents a framework for measuring the digital transformation of manufacturing industries, and maps the impact of digital technologies across these several dimensions: firm productivity growth, business dynamism, industry concentration, firm mark-ups and mergers and acquisition activity.
This paper sheds light on their potential costs in terms of foregone investments. Applying an augmented gravity model, covering 60 advanced and emerging countries over the period 1997–2016, it estimates the elasticity of bilateral FDI positions and cross-border M&A activity to FDI restrictions as measured by the OECD FDI Regulatory Restrictiveness Index.
This study proposes a taxonomy of sectors according to the extent to which they have gone digital. The taxonomy accounts for some of the key facets of the digital transformation, and recognises that sectors differ in their development and adoption of the most advanced “digital” technologies, in the human capital needed to embed them in production and in the extent to which digital tools are used to deal with clients and suppliers.
While the size-wage and size-productivity premia are significantly weaker in market services compared to manufacturing, the link between wages and productivity is stronger. The combination of these results suggests that in a service economy the “size-wage premium” becomes more a “productivity-wage premium”.
This analysis examines dynamics of estimated firm mark-ups across 26 countries over 14 years. Price mark-ups are linked to measures of digital intensity of sectors in order to ascertain whether differences in exposure to digitalisation are related to differences in mark-ups across industries, and how this relationship has changed over time.
This study sheds light on the extent to which different types of employee skills are rewarded as industries go digital in an analysis of 31 countries.