Which Reforms Work and under What Institutional Environment? Evidence from a New Data Set on Structural Reforms

@article{Prati2013WhichRW,
  title={Which Reforms Work and under What Institutional Environment? Evidence from a New Data Set on Structural Reforms},
  author={Alessandro Prati and Massimiliano Gaetano Onorato and Chris Papageorgiou},
  journal={Review of Economics and Statistics},
  year={2013},
  volume={95},
  pages={946-968}
}
Are structural reforms growth enhancing? Is the effectiveness of reforms constrained by a country's distance from the technology frontier or by its institutional environment? This paper takes a new and comprehensive look at these questions by employing a novel data set that includes several kinds of real (trade, agriculture, and networks) and financial (domestic finance, banking, securities, and capital account) reforms for an extensive list of developed and developing countries, going back to… CONTINUE READING

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