G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7210
DP7210 The Internal Governance of Firms
Stewart C Myers; Raghuram Rajan; Viral Acharya
发表日期2009-03-08
出版年2009
语种英语
摘要Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the financial, capital, public, and banking sectors, product and labor markets, agriculture, and trade for 150 countries over the period 1960-2004. Democracy has a positive and significant impact on the adoption of economic reforms but there is no evidence that economic reforms foster democracy. Our results are robust to the inclusion of a large variety of controls and estimation strategies.
主题Development Economics ; International Macroeconomics ; International Trade and Regional Economics
关键词Economic liberalization Financial markets Institutions Political economy Product markets Transition
URLhttps://cepr.org/publications/dp7210
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/536045
推荐引用方式
GB/T 7714
Stewart C Myers,Raghuram Rajan,Viral Acharya. DP7210 The Internal Governance of Firms. 2009.
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