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Pareto-improving structural reforms
Saint-Paul, Gilles - 2018
elastic to net post-tax real wages, and hence reduced by taxation. In a setting where preferences are isoelastic, deregulation … regulation for some goods. I provide sufficient conditions for deregulation, i.e. a general reduction in price floors, to be …
Persistent link: https://www.econbiz.de/10011941166
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Economic and political liberalizations
Giavazzi, Francesco; Tabellini, Guido Enrico - 2004
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
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Democracy and development : the devil in the details
Persson, Torsten (contributor);  … - 2006
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...
Persistent link: https://www.econbiz.de/10003301122
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Reform, uncertainty and spillovers : a gravity model approach
Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
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Structural reforms and income inequality : who benefits from market-oriented reforms?
Gründler, Klaus; Potrafke, Niklas; Wochner, Timo - 2020
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012154916
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Did globalization influence credit market deregulation?
Eppinger, Peter S.; Potrafke, Niklas - 2015
We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …
Persistent link: https://www.econbiz.de/10010528971
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The impact of liberalisation and globalisation on income inequality in developing and transitional economies
Cornia, Giovanni Andrea - 2003
the policy drive towards domestic deregulation and external liberalisation. The paper concludes by analysing the …
Persistent link: https://www.econbiz.de/10011514131
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Trends and patterns of growth, development, achievements of China and India : a comparative analysis
Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2016
Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...
Persistent link: https://www.econbiz.de/10011444894
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Modi's "Make in India" industrial reform policy and East Asian flying-geese paradigm
Nam, Chang-woon; Nam, Sumin; Steinhoff, Peter - 2017
The on-going "Make in India" campaign aims at manufacturing revival. Its characteristics resemble East Asian industrial reform and growth policies based on the flying-geese model which highlights "step-by-step" changes in a country's specialisation pattern and global competitiveness accompanied...
Persistent link: https://www.econbiz.de/10011646272
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Did austerity cause Brexit?
Fetzer, Thiemo - 2018
Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...
Persistent link: https://www.econbiz.de/10011877825