country. Household survey data indicates that recent decades of high output growth also witnessed a substantial narrowing of …

liberalization and tax policy, and gauges their impact on growth. The paper used a set of reform indices to gauge both short-run and … long-run effects of structural reforms on growth, controlling for other possible growth determinants using panel dynamic … OLS estimation. In addition, recognizing the importance of institutions to growth the empirical analysis also analyzed the …

-year periods using a two-dimensional state space based on growth regimes and political institutions. We then model the joint … evolution of output growth and political institutions as a finite state Markov chain, and study how countries move between … states. We find that growth is more likely to be sustained under democracy than under autocracy; output collapses are more …

After a decade of rapid growth, industrialization has lost ground with shrinking manufacturing sector and high … regulation is critical to support firm growth at the stage of weak legal capacity, while informal sector monitoring gets …

After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to …’s business dynamism. We show that (i) the revenue share of young firms has declined, (ii) the life-cycle growth of young firms … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …

economic growth and development in the existing literature, these findings suggest an important, indirect way through which …

regional convergence. However, these reforms have mixed effects on the growth of regions closer to the country's development …