Growth, Reform Indicators and Policy Complementarities
Autor(a) principal: | |
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Data de Publicação: | 2006 |
Outros Autores: | |
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. |
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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 |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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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 |
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