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 undertook import-liberalization and fiscal policy reforms. They survey a large sample (about 54) of developing countries over the period 1980-99. The benefits of openness to trade and fiscal prudence have been extensively identified...
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DETALHES
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2002/10/31
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Documento de trabalho sobre pesquisa de políticas
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WPS2898
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1
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1
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2010/07/01
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Relative returns to policy reform - evidence from controlled cross-country regressions
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accumulation of factors of production
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