Growth, Reform Indicators and Policy Complementarities

Detalhes bibliográficos
Autor(a) principal: Braga de Macedo, Jorge
Data de Publicação: 2006
Outros Autores: Oliveira Martins, Joaquim
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/82989
Resumo: This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration corresponds to a nearly complete policy cycle. Using econometric panel estimates, the level of reforms and changes in their complementarity are found to be positively related to output growth, corrected for endogeneity, and given initial conditions and the extent of macroeconomic stabilisation.
id RCAP_0ae172b5a0ecdac6964961aacc68e654
oai_identifier_str oai:run.unl.pt:10362/82989
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Growth, Reform Indicators and Policy ComplementaritiesSecond-bestComplementarityStructural reformsReform indicatorsEconomic growthTransitionPanel dataThis paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration corresponds to a nearly complete policy cycle. Using econometric panel estimates, the level of reforms and changes in their complementarity are found to be positively related to output growth, corrected for endogeneity, and given initial conditions and the extent of macroeconomic stabilisation.RUNBraga de Macedo, JorgeOliveira Martins, Joaquim2019-10-02T16:07:12Z2006-062006-06-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/82989engBraga de Macedo, Jorge, Oliveira Martins, Joaquim, Growth, Reform Indicators and Policy Complementarities (June, 2006). FEUNL Working Paper Series No. 484info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:36:56Zoai:run.unl.pt:10362/82989Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:36:16.057667Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Growth, Reform Indicators and Policy Complementarities
title Growth, Reform Indicators and Policy Complementarities
spellingShingle Growth, Reform Indicators and Policy Complementarities
Braga de Macedo, Jorge
Second-best
Complementarity
Structural reforms
Reform indicators
Economic growth
Transition
Panel data
title_short Growth, Reform Indicators and Policy Complementarities
title_full Growth, Reform Indicators and Policy Complementarities
title_fullStr Growth, Reform Indicators and Policy Complementarities
title_full_unstemmed Growth, Reform Indicators and Policy Complementarities
title_sort Growth, Reform Indicators and Policy Complementarities
author Braga de Macedo, Jorge
author_facet Braga de Macedo, Jorge
Oliveira Martins, Joaquim
author_role author
author2 Oliveira Martins, Joaquim
author2_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Braga de Macedo, Jorge
Oliveira Martins, Joaquim
dc.subject.por.fl_str_mv Second-best
Complementarity
Structural reforms
Reform indicators
Economic growth
Transition
Panel data
topic Second-best
Complementarity
Structural reforms
Reform indicators
Economic growth
Transition
Panel data
description This paper discusses the design of structural policies by relating second-best results and the complementarity of reforms. It computes a complementarity index based on structural reform indicators compiled by the EBRD for transition countries, assuming that the run-up to EU integration corresponds to a nearly complete policy cycle. Using econometric panel estimates, the level of reforms and changes in their complementarity are found to be positively related to output growth, corrected for endogeneity, and given initial conditions and the extent of macroeconomic stabilisation.
publishDate 2006
dc.date.none.fl_str_mv 2006-06
2006-06-01T00:00:00Z
2019-10-02T16:07:12Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/82989
url http://hdl.handle.net/10362/82989
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Braga de Macedo, Jorge, Oliveira Martins, Joaquim, Growth, Reform Indicators and Policy Complementarities (June, 2006). FEUNL Working Paper Series No. 484
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799137981814013952

Registros relacionados