David, Antonio C.; Komatsuzaki, Takuji; Pienknagura, Samuel - 2020
This paper estimates the macroeconomic effects of structural reforms in Latin America and the Caribbean (LAC) using the … dataset constructed by Alesina and others (2020). We find that large changes in the reform index have positive effects on GDP … and employment that reach 2 percent after 5 years. Furthermore, reforms boost investment, exports, imports, and reduce …