| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7139 |
| DP7139 Variable Selection and Inference for Multi-period Forecasting Problems | |
| M. Hashem Pesaran; Henry Allan Timmermann; Andreas Pick | |
| 发表日期 | 2009-01-28 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to reform, because politicians have the incentive to embrace growth-enhancing reforms to win elections. On the other hand, authoritarian regimes do not have to worry as much about public opinion and may undertake reforms that are painful in the short run but bring future prosperity. We test these hypotheses, using data on micro-economic reforms from the World Bank?s Doing Business database. These data do not suffer the endogeneity issues associated with other datasets on changes in economic institutions. The results provide a robust support for the claim that democracy is good for growth-enhancing reforms. |
| 主题 | Development Economics |
| 关键词 | Democracy Reform Regulation |
| URL | https://cepr.org/publications/dp7139 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535975 |
| 推荐引用方式 GB/T 7714 | M. Hashem Pesaran,Henry Allan Timmermann,Andreas Pick. DP7139 Variable Selection and Inference for Multi-period Forecasting Problems. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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