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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7210 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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