Arbeitspapier
The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization
The paper investigates empirically the interaction between economic growth performance and political institutions in producing free-market reform. In particular, we explore whether political regime types systematically shape government policy responses to good or bad growth performance, employing panel econometric techniques and using recently updated data for economic reform and political institutions. Contrary to conventional wisdom we find that a bad growth performance is conducive to reforms only in democracies, but not in autocracies. Democratic rule seems to be favourable for policy liberalisation in general, but a very good growth performance weakens liberalisation incentives considerably.
- Sprache
-
Englisch
- Erschienen in
-
Series: WIFO Working Papers ; No. 300
- Klassifikation
-
Wirtschaft
- Thema
-
democracy
crisis hypothesis
market-oriented reform
political credibility
Wirtschaftswachstum
Wirtschaftsreform
Deregulierung
Politisches System
Schätzung
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pitlik, Hans
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Institute of Economic Research (WIFO)
- (wo)
-
Vienna
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pitlik, Hans
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2007
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