Arbeitspapier
Reform redux: measurement, determinants and reversals
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration of political power drives internal liberalization, and democracy underpins all three. We find that FDI inflows reduce the probability of privatization reversals, labour strikes increase that of internal liberalization reversals, and OECD growth increase that of external liberalization reversals. We replicate previous studies and find that the macroeconomic effects of reform (when measured objectively) tend to be larger and more precisely estimated.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 2093
- Klassifikation
-
Wirtschaft
Macroeconomics: Production
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Tax Evasion and Avoidance
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- Thema
-
reform : liberalization
privatization
political economy
transition
Systemtransformation
Politische Reform
Deregulierung
Kapitalmarktliberalisierung
Direktinvestition
Transformationsstaaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Campos, Nauro F.
Horváth, Roman
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:24 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Campos, Nauro F.
- Horváth, Roman
- Institute for the Study of Labor (IZA)
Entstanden
- 2006