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Growth and Structural Reforms.

This paper presents a simultaneous assessment of the relationship between economic performance and three groups of economic reforms: domestic finance, trade, and the capital account. Among these, domestic financial reforms, and trade reforms, are robustly associated with economic growth, but only in...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Christiansen, Lone Engbo
Otros Autores: Tressel, Thierry, Schindler, Martin
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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505 0 |a I. Introduction; II. Related Literature; III. The Empirical Model; A. Standard Growth Regressions; B. Dynamic Effects of Reforms; IV. Data Description; A. Data; B. Descriptive Statistics; V. Main Results; A. Standard growth regressions; B. Dynamic Effects of Reforms; VI. Robustness Tests and endogeneity; A. Robustness tests; B. Endogeneity; VII. Reform Sequencing and Economic Performance; VIII. Conclusion; References; Figures; 1. ReformEpisodes; Tables; 1. Country Sample; 2. Summary Statistices; 3. Bivariate Correlations; 4. Standard Growth Regressions. 
505 8 |a 5. The Channels of the Effects of Liberalizations6. System GMM Regressions; 7. Baseline: Dynamic Effect of Reforms; 8. Channels Dynamic Effects of Reforms; 9. Robustness Tests Dynamic Effect of Reforms; 10. Dynamic Effect of Reforms on TFP and Investment Robustness; 11. A. Instrumental Variables Regressions Second Stage; B. Instrumental Variable Regressions Frist Stage; 12. Sequencing Economic and Political Reforms; Appendix Table: 2 SLS Regressions. 
520 |a This paper presents a simultaneous assessment of the relationship between economic performance and three groups of economic reforms: domestic finance, trade, and the capital account. Among these, domestic financial reforms, and trade reforms, are robustly associated with economic growth, but only in middle-income countries. In contrast, we do not find any systematic positive relationship between capital account liberalization and economic growth. Moreover, the effect of domestic financial reforms on economic growth in middle-income countries is explained by improvements in measured aggregate T. 
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700 1 |a Schindler, Martin. 
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