The effect of structural reforms on growth in Europe and Central Asia is assessed by looking separately at each supply-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for the interaction with the economic cycle, the paper also investigates whether timing matters. Improvements in human capital, regulatory quality, and government effectiveness have the most impact on potential...
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2020/03/26
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Report
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147162
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1
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1
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2020/03/30
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Disclosed
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Serbia - Structural Reforms to set the Growth Ambition
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human capital
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Serbia - Structural Reforms to set the Growth Ambition (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/340311585550906467