IMF Staff Country Reports

France: Selected Issues

October 29, 2003

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International Monetary Fund. "France: Selected Issues", IMF Staff Country Reports 2003, 335 (2003), accessed June 12, 2025, https://doi.org/10.5089/9781451813548.002

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Summary

This Selected Issues paper first explains the recent increase in trend growth and then discusses how labor market and tax policies could best sustain it. This study calculates French trend growth estimating simultaneously a Cobb–Douglas production technology and total factor productivity. The main conclusion is that French trend growth indeed increased during the second half of the 1990s to an average annual rate of 2.1 percent, from 1.8 percent in 1993. This was not owing to a recovery of total factor productivity growth.

Subject: Corporate income tax, Labor taxes, Personal income tax, Production, Social security contributions, Taxes, Total factor productivity

Keywords: ALMP exp, ALMPs Affect Employment, Capital service, Corporate income tax, CR, Europe, Global, Income, ISCR, Labor market, Labor taxes, Labour market, Personal income tax, Proportional tax, Social security contributions, Tax burden, Total factor productivity, Total factor productivity growth

Publication Details

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