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). Coincident with the deepening of economic reforms, Hukou has gradually been relaxed since the 1980s, helping to explain an …
Persistent link: https://www.econbiz.de/10010271276
deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and … independent utilities; sharing of product market rents; equity concerns resulting from social comparisons between employee groups …
Persistent link: https://www.econbiz.de/10010282408
in the money and banking sector in the broad country sample. For government size and for market regulation, we do not …We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by … on the one side the adoption of an exchange rate rule and on the other side overall structural reforms as well as reforms …
Persistent link: https://www.econbiz.de/10010267471
It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can … federalism brought about by the post-1991 reforms, variations entry rates during the 1990s were explained largely by state level …
Persistent link: https://www.econbiz.de/10010267353
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and … correct for this selection bias by formulating an entry rule to reform similar to the Olley and Pakes (1996) exit rule. We …
Persistent link: https://www.econbiz.de/10010261956
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of … labor force composition and the possible endogeneity of the reforms. A basic finding that is robust to all specifications … likelihood that wage and salary workers will be in temporary jobs. However, there is no evidence that such reforms raise …
Persistent link: https://www.econbiz.de/10010268671
investment. Moreover, we find that the market oriented reforms introduced in Colombia after 1990 increased employment adjustments … non-linear adjustments in employment and capital in response to market fundamentals. In addition, we find that employment … efficiency, the reforms introduced in Colombia generated only modest improvements. …
Persistent link: https://www.econbiz.de/10010274528
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster … macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises … that are the most important drivers of structural reforms? To answer this question we put forward evidence on trade and …
Persistent link: https://www.econbiz.de/10010267978
Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and … countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset … on reforms in the financial, capital, public, and banking sectors, product and labor markets, agriculture, and trade for …
Persistent link: https://www.econbiz.de/10010271245
reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel …What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that …
Persistent link: https://www.econbiz.de/10010282178