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This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using simultaneous estimation techniques. To reflect process, we use multi-dimensional, de facto, and continuous measures of democracy and globalization. To reflect context, as defined...
Persistent link: https://www.econbiz.de/10013073949
This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration...
Persistent link: https://www.econbiz.de/10012733322
Using a large panel for 95 countries and the 1972–2014 period, this paper analyses the interactions among globalization, political & civil rights and economic convergence, through a simultaneous estimation technique. We use a multi-dimensional, de facto, and continuous measures of Freedoms and...
Persistent link: https://www.econbiz.de/10014244371
In order to assess the growth implications of policy complementarities, this paper applies second-best results to reform indicators. During the transition from central planning to EU integration, which corresponds to a policy cycle, a complementarity index based on structural indicators compiled...
Persistent link: https://www.econbiz.de/10009493411
In order to assess the growth implications of policy complementarities, this paper applies second-best results to reform indicators. During the transition from central planning to EU integration, which corresponds to a policy cycle, a complementarity index based on structural indicators compiled...
Persistent link: https://www.econbiz.de/10010707407
We aim to understand the impact of nation-wide structural policies such as product market regulation and employment protection legislation and that of macroeconomic factors such as trade exposure, inflation and the level of government debt on the economic growth of regions in the OECD. In...
Persistent link: https://www.econbiz.de/10011509185
Persistent link: https://www.econbiz.de/10011538107
Persistent link: https://www.econbiz.de/10012665274
This paper investigates the contribution of regional performance to aggregate growth in the OECD. We find a great degree of heterogeneity in the performance of large (TL2) and small (TL3) OECD regions and among types (urban intermediate and rural) of regions suggesting possibilities for growth...
Persistent link: https://www.econbiz.de/10011573376
Persistent link: https://www.econbiz.de/10014502043