Competitiveness & Growth
Latin America : Investing in infrastructure is key to achieve long term sustained growthPost, June 27, 2017
By Camilo Umana Dajud
The sharp drop in commodity prices has had a sizeable impact on Latin America's short term growth prospects. The decline in terms of trade has also revealed, once again, the low productivity of the region's economies. Investing in infrastructure could help Latin America simultaneously address these short and long term challenges.
The international elasticity puzzle is worse than you thinkPost, May 11, 2017
By Lionel Fontagné, Gianluca Orefice, Philippe Martin
With Brexit and the election of D. Trump, tariffs and exchange rates are back at the centre stage of policy debates. This column revisits the assumptions economists make when estimating how tariffs and exchange rates affect exporters’ performance.
Why denser areas are more productivePost, December 2, 2016
By Lionel Fontagné, Gianluca Santoni
A key driver of productivity is ease of resource allocation. This column uses firm-level data for France to show that misallocation has a spatial dimension: resource allocation and the associated effect on productivity are related not only to firms’ characteristics, but also to the environment in which they operate. Denser commuting zones seem to offer a better match between employers and employees, leading to more productive firms.
Should we fear the Brexit uncertainty?Post, August 19, 2016
IMF versus Krugman
By Stéphane Lhuissier, Fabien Tripier
IMF cuts global growth forecasts following Brexit vote. Paul Krugman has taken a different point of view by arguing there is no reason to worry in the immediate future. This opposition reflects clearly two different opinions on the short-term consequences of uncertainty.
Europe is trapped by its competitiveness obsessionPost, April 22, 2015
By Sébastien Jean
While European external surpluses are accumulating and domestic demand is slacking, insisting on improving the Union’s external competitiveness, as some in the Commission are presently doing, is paradoxical. For Europe, the paramount risk is not losing its competitiveness. It is not recovering cohesion and growth.
Importing intermediate goods to foster French firms’ productivity and exportsPost, October 15, 2012
By Maria Bas, Vanessa Strauss-Khan
International trade plays a key role in technological diffusion. In a recent work, we show how firms can improve their competitiveness and export performance through importing more varieties of high quality or lower cost intermediate goods.