Business Dynamics and Productivity
This publication focuses on business dynamics across eight countries (Belgium, Brazil, Canada, Costa Rica, Japan, New Zealand, Norway, United Kingdom) and over time, building upon the evidence collected in the framework of the OECD DynEmp project for 22 countries. It provides new evidence on firms’ heterogeneous responses to shocks (notably the recent financial crisis) in order to evaluate how policies and framework conditions across different firms and countries can foster both employment and productivity growth.
Assessing the links between business dynamics and policy settings
This chapter presents an overview of the chapters included in this volume and relates them with the cross-country evidence gathered by the OECD Dynemp project, highlighting common trends and differences. Based on analyses of data from Belgium, Brazil, Canada, Costa Rica, Japan, the United Kingdom, Norway and New Zealand, the studies illustrate how firm characteristics (age, size, sector) and economic conditions (market conditions, stage in the business cycle and in economic development) affect employment growth, firm performance, resource allocation and productivity growth. The results shed new light on the important role played by the recent global financial crisis on OECD countries and emerging economies.