Relative Returns to Policy Reform : Evidence from Controlled Cross-Country Regressions

Relative Returns to Policy Reform : Evidence from Controlled Cross-Country Regressions

The authors aim at contributing to understand the dispersion of returns from policy reforms using cross-country regressions. The authors compare the "before reform" with "after reform" GDP growth outcome of countries that undert...

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Bibliographic Details
Main Authors:	de Castro, Alexandre Samy, Goldin, Ian, Pereira da Silva, Luiz A.
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank 2014
Subjects:	AGRICULTURAL EXPORTS AGRICULTURAL PRODUCTS AGRICULTURE ANDEAN PACT ANTIDUMPING AVERAGE GROWTH AVERAGE GROWTH RATE AVERAGE TARIFF AVERAGE TARIFF RATE AVERAGE TARIFF RATES AVERAGE TARIFFS AVERAGE TRADE BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISIS BARRIERS TO IMPORTS BLACK MARKET BLACK MARKET PREMIUM CAPITAL ACCOUNT CAPITAL ACCUMULATION CAPITAL STOCK CD COMPARATIVE ADVANTAGE COMPLEX TASK CONCESSIONS CONSUMPTION EXPENDITURES COUNTRY CHARACTERISTICS COUNTRY REGRESSIONS COUNTRY SIZE CROSS- COUNTRY ANALYSIS CROSS- COUNTRY VARIATION CROSS-COUNTRY ANALYSIS CROSS-COUNTRY REGRESSIONS CURRENCY CUSTOMS CUSTOMS UNION DATA AVAILABILITY DEBT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS ECONOMIC GROWTH ECONOMIC POLICY EMPIRICAL EVIDENCE EQUATIONS ESTIMATED COEFFICIENTS ESTIMATION METHOD ESTIMATION TECHNIQUES EXCHANGE RATE EXOGENOUS SHOCK EXOGENOUS SHOCKS EXPENDITURES EXPLANATORY VARIABLES EXPORT SHARES EXPORTERS EXPORTS EXTERNAL DEBT EXTERNAL SHOCKS FACTORS OF PRODUCTION FINANCIAL LIBERALIZATION GDP GDP PER CAPITA GLOBAL TRADE GROWTH EFFECT GROWTH LITERATURE GROWTH PERFORMANCE GROWTH RATE GROWTH RATES GROWTH REGRESSIONS HIGH INCOME COUNTRIES HIGH TARIFFS HUMAN CAPITAL IDIOSYNCRATIC SHOCKS IMPORT DUTIES IMPORT LIBERALIZATION IMPORT TARIFFS INCOME INCREASE GROWTH INCREASING MARKET ACCESS INFLATION INVESTMENT RATE INVESTMENT RATES LAGGED GROWTH LONG- RUN GROWTH MACRO POLICY MACROECONOMIC CONDITIONS MACROECONOMIC POLICY MARGINAL COST MARGINAL EFFECT MARGINAL EFFECTS MARKET ACCESS NEGATIVE EFFECT NEGATIVE IMPACT NON-TARIFF BARRIERS OPEN ECONOMIES OPENNESS OPENNESS TO IMPORTS POLICY ANALYSIS POLICY IMPLICATIONS POLICY INSTRUMENTS POLICY REFORM POLICY REFORMS POLICY RESEARCH POLICY VARIABLES PRIMARY EDUCATION PRIMARY PRODUCTS PRODUCTION FUNCTION PRODUCTIVITY PUBLIC INVESTMENT PUBLIC POLICIES QUOTAS REAL INTEREST RATES REDUCED FORM EQUATION REGIONAL TRADE REGIONAL TRADE BLOCS REGIONAL TRADE SHARES REGULATORY FRAMEWORK SAVINGS SIGNIFICANT REDUCTION STANDARD DEVIATION STANDARD GROWTH DETERMINANTS TARIFF BARRIERS TARIFF RATE TARIFF RATES TARIFF REDUCTION TAX REVENUES TAX SYSTEM TERMS OF TRADE TERMS OF TRADE SHOCKS TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRADE BLOC TRADE BLOCS TRADE CONTROL MEASURES TRADE DIVERSION TRADE DIVERSION EFFECT TRADE FLOW TRADE FLOWS TRADE INTENSITY TRADE LIBERALIZATION TRADE OPENNESS TRADE POLICIES TRADE POLICY TRADE POLICY REVIEW TRADE POLICY VARIABLES TRADE REFORM TRADE REGIME TRADE RESTRICTIONS TRADE SHARE TRADE TAXES UNDERESTIMATES URUGUAY ROUND WORLD TRADE WTO CROSS-COUNTRY EXPERIENCE GROSS DOMESTIC PRODUCT GROWTH PATTERNS FISCAL POLICY PRUDENTIAL REGULATIONS VARIABILITY TRADE FINANCE REGRESSIVE TAXES GOVERNANCE CAPACITY
Online Access:	http://documents.worldbank.org/curated/en/2002/10/2032622/relative-returns-policy-reform-evidence-controlled-cross-country-regressions http://hdl.handle.net/10986/19222

Internet

http://documents.worldbank.org/curated/en/2002/10/2032622/relative-returns-policy-reform-evidence-controlled-cross-country-regressions
http://hdl.handle.net/10986/19222

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