Results

External report

Innovation in Green Technologies

Demand for cleaner, more efficient technologies is transforming global markets and with it, the geography of innovation. Over the last 15 years, markets for new energy technologies and climate resilience have outpaced gr...Read more...

Blog

World Bank blogs:

Tax incentives for R&D can spur innovation and growth - when done right

As the debate around industrial policy intensifies, there is broad consensus on the rationale for government support to encourage private sector innovation. Economy-wide returns from research and development (R&D) in the...Read more...

CEP discussion paper

How effective are R&D tax incentives? Reconciling micro and macro evidence

Recent firm-level studies find R&D tax incentives to be much more effective at stimulating firms' R&D investment than what aggregate analyses indicate. Based on a distributed analysis of official R&D survey and administr...Read more...

Journal article

Oxford Bulletin of Economics and Statistics : Forthcoming

Intangibles and Industry Concentration: A Cross-Country Analysis

This paper presents new evidence on the growing scale of large businesses in the United States, Japan and 11 European countries. It documents a broad increase in industry concentration across the majority of countries an...Read more...

Blog

Vox EU:

New approaches to measure (increasing) concentration in Europe

Concentration (the share of a market's output produced by its largest firms) is a key proxy for measuring market competition. This column introduces a cross-country dataset to measure concentration at the industry level ...Read more...

CEP discussion paper

Industry concentration in Europe: Trends and methodological insights

Concentration - the share of an industry's output accounted for by its largest firms and a frequently used proxy of competition - has increased in European countries. This paper provides evidence about this development b...Read more...

Journal article

International Economic Review:

Last but not least: Laggard Firms, Technology Diffusion, and its Structural and Policy Determinants

Using a unique microaggregated data set on firm-level productivity in 13 countries from 1995 to 2014, this article provides new evidence on technology- and knowledge-diffusion barriers for laggard firms. We show that, al...Read more...

CEP discussion paper

The role of human capital for AI adoption: Evidence from French firms

We leverage a uniquely comprehensive combination of data sources to explore the enabling role of human capital in fostering the adoption of predictive AI systems in French firms. Using a causal estimation approach, we sh...Read more...

CEP discussion paper

Mark-ups in the digital era

Relying on a novel dataset which combines balance sheet data on firms, patents, and industry-level proxies of technology for 25 countries in the period 2001-2014, we document an increase in mark-ups over time, mainly dri...Read more...

Journal article

Research Policy:

The great divergence(s)

This paper provides new evidence on the increasing dispersion in wages and productivity using a unique micro-aggregated firm-level data source, representative for the full population of firms in 12 countries. First, we d...Read more...

Journal article

Journal of Industry Competition and Trade:

A New Approach for Better Industrial Strategies

Industrial policy is back. After having been considered a taboo since the 1970s, “new industrial policies” are at the core of governments’ strategies to support countries during crises and enable the green and digital tr...Read more...

Blog

Vox EU:

Employment dynamics across firms during COVID-19: The role of job retention schemes

Governments around the world implemented widespread business support during the COVID-19 pandemic. The measures may have affected employment dynamics and reallocation, with potential consequences for aggregate productivi...Read more...

Blog

Vox EU:

Tracking the skills behind the AI boom: Evidence from 14 OECD countries

As artificial intelligence rapidly reshapes economies and societies, companies are seeking professionals with AI-related skills. This column uses data from online job postings to explore changes in the demand for these p...Read more...

Journal article

Economie et Statistique / Economics and Statistics:

The Role of Telework for Productivity During and Post COVID-19

Motivated by the sudden adoption of telework in the wake of the COVID-19 pandemic, the OECD Global Forum on Productivity (GFP) undertook an online survey among managers and workers in 25 countries about their experience ...Read more...

Blog

Vox EU:

Fostering innovation for climate neutrality

Achieving climate neutrality will require cost reductions and the rapid diffusion of existing technologies, as well as innovation in new technologies. Mario Cervantes, Chiara Criscuolo, Antoine Dechezlepretre and Dirk Pi...Read more...

Blog

ProMarket:

A New Framework for Better Industrial Policies

Chiara Criscuolo and Guy Lalanne provide a new, conceptual framework for better industrial policy, considering topical areas such as clean energy, Covid-19, and performance of key business sectors....Read more...

Journal article

Industrial and Corporate Change :

Industry concentration in Europe and North America

This paper presents new evidence on industry concentration at both the country and the world-region levels. It calculates country-level industry concentration measures from the novel data representative of the entire fir...Read more...

Journal article

Research Policy: Forthcoming

Global value chains and domestic innovation

This paper explores how changes in both position and participation in Global Value Chain (GVC) networks affect firm innovation. The analysis combines matched patent-firm data for Japan with measures of GVC network centra...Read more...

Blog

VoxEU:

Teleworking is here to stay and may raise productivity if implemented appropriately

The pandemic triggered a surge in teleworking, raising questions about its persistence as well as its impact on firm performance and worker wellbeing. This column argues that teleworking is here to stay - for most worker...Read more...

Blog

Brookings:

Gone digital: technology diffusion in the digital era

Flavio Calvino and Chiara Criscuolo examine the reasons for low productivity growth in a period of fast advancement in technological progress and the spread of digital technologies....Read more...

Blog

VoxEU:

Tracking business dynamism during the Covid-19 pandemic: new cross-country evidence and visualisation tool

Stefano Agresti, Flavio Calvino, Chiara Criscuolo, Francesco Manaresi and Rudy Verlhac employ a new data visualisation tool to reveal the impact on business dynamism of the Covid-19 crisis in 2020 and in recovery. Findin...Read more...

Blog

VoxEU:

The human side of productivity: uncovering the role of skills and diversity for firm productivity

Rising dispersion in productivity across firms has focused attention on the drivers of superior performances of a minority of firms at the 'productivity frontier' and disappointing performances of the remaining 'producti...Read more...

CEP discussion paper

Intangibles and industry concentration: supersize me

This paper presents new evidence on the growing scale of big businesses in the United States, Japan and 11 European countries. It documents a broad increase in industry concentration across the majority of countries and ...Read more...

Blog

VoxEU:

Start-ups in the time of Covid-19: facing the challenges, seizing the opportunities

Flavio Calvino, Chiara Criscuolo and Rudy Verlhac explore ways for policymakers to incentivise businesses and speed up economic recovery against Covid-19's effect on start-ups and new firms....Read more...

CEP discussion paper

Industry concentration in Europe and North America

This report presents new evidence on industry concentration trends in Europe and in North America. It uses two novel data sources: representative firm-level concentration measures from the OECD MultiProd project, and bus...Read more...

CEP discussion paper

The best versus the rest: divergence across firms during the global productivity slowdown

We document that labor productivity of the globally most productive firms – the “frontier” – has diverged from all other firms – the “rest” – throughout the 2000s. This divergence remains after controlling for capital in...Read more...

CentrePiece article

Firm size, productivity and pay in today's service economy

The evidence that bigger firms pay higher wages and have higher productivity is based mainly on manufacturing, which is only a small share of today's economy. Giuseppe Berlingieri, Sara Calligaris and Chiara Criscuolo re...Read more...

Journal article

American Economic Review:

Some causal effects of an industrial policy

We exploit changes in the area-specific eligibility criteria for a program to support jobs through investment subsidies. European rules determine whether an area is eligible for subsidies, and we construct instrumental v...Read more...

Journal article

Industrial and Corporate Change:

A cross-country analysis of start-up employment dynamics

This article carries out a detailed descriptive analysis of employment dynamics of new firms, using comparable and highly representative data for 19 countries. It does so by using a novel analytical decomposition of the ...Read more...

CEP discussion paper

The productivity-wage premium: does size still matter in a service economy?

Ever since Moore (1911) a large empirical and theoretical literature has established the existence of a firm size-wage premium. At the same time, a second regularity in empirical work, linking size and productivity, has ...Read more...

Journal article

Journal of Economic Dynamics and Control:

Growth volatility and size: A firm-level study

This paper provides a systematic cross-country investigation of the relation between a firm's growth volatility and its size. For the first time the analysis is carried out using comparable and representative sets of dat...Read more...

Journal article

AEA Papers and Proceedings:

The Productivity-Wage Premium: Does Size Still Matter in a Service Economy?

The literature has established two robust stylized facts: (i) the existence of a firm size-wage premium and (ii) a positive relationship between firm size and productivity. However, the existing evidence is mainly based ...Read more...

CentrePiece article

The growing inequality between firms

Some firms pay well while others don’t; and some are highly productive while many aren’t. New research describes an emerging pattern of increasing inequality of wages and productivity between firms in the manufacturing a...Read more...

CEP discussion paper

The great divergence(s)

This report provides new evidence on the increasing dispersion in wages and productivity using novel micro-aggregated firm-level data from 16 countries. First, the report documents an increase in wage and productivity di...Read more...

CEP occasional paper

Dynemp: a Stata® routine for distributed micro-data analysis of business dynamics

This paper introduces a new Stata® command, dynemp, which implements a distributed micro-data analysis of business and employment dynamics and firm demographics. The data source it requires are business registers or comp...Read more...

CEP discussion paper

The dynamics of employment growth: new evidence from 18 countries

Motivated by the on-going interest of policy makers in the sources of job creation, this paper presents results from a new OECD project on the dynamics of employment (DynEmp) based on an innovative methodology using firm...Read more...

CentrePiece article

In brief... Can industrial policy boost jobs?

Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro-econometric evaluation of their causal effects is rare. We exploit multiple changes in the area-specific el...Read more...

CEP discussion paper

Some Causal Effects of an Industrial Policy

Business support policies designed to raise employment and productivity are ubiquitous around the world. We exploit changes in the area-specific eligibility criteria for a major program to support manufacturing jobs thro...Read more...

SERC/Urban and Spatial Programme Discussion Paper

The Causal Effects of an Industrial Policy

Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro-econometric evaluation of their causal effects is rare. We exploit multiple changes in the area-specific el...Read more...

CEP discussion paper

Service Traders in the UK

We provide a novel set of stylized facts on firms engaging in international trade in services, using unique firm-level data on services exports and imports in the United Kingdom in 2000- 2005. Less than 10% of firms trad...Read more...

CEP discussion paper

Productivity Growth, Knowledge Flows and Spillovers

This paper explores the role of knowledge flows and TFP growth by using direct survey data on knowledge flows linked to firm-level TFP growth data. Our knowledge flow data correspond to the kind of information flows ofte...Read more...

CEP discussion paper

Information Technology, Organisational Change and Productivity Growth: Evidence from UK Firms

We examine the relationships between productivity growth, IT investment and organisational change (?O) using UK firm data. Consistent with the small number of other micro studies we find (a) IT appears to have high retur...Read more...

CEP discussion paper

Productivity, Exporting and the Learning-by-Exporting Hypothesis: Direct Evidence from UK Firms

Case study evidence suggests that exporting firms learn from their clients. But econometric evidence, mostly using exporting and TFP growth, is mixed. We use a UK panel data set with firm-level information on exporting a...Read more...

CEP discussion paper

Multinationals and US Productivity Leadership: Evidence from Great Britain

We study the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs, we find that UK MNEs are less productive than US affiliates, but as productive as non US foreign affi...Read more...