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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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Christiansen, Lone Engbo
Other Authors: Tressel, Thierry, Schindler, Martin
Format: Electronic eBook
Language:English
Published: Washington : International Monetary Fund, 2009
Series:IMF Working Papers.
Subjects:
Local Note:ProQuest Ebook Central
Table of Contents:
  • 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.
  • 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.