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来源类型Working Paper
规范类型报告
DOI10.3386/w14595
来源IDWorking Paper 14595
Learning the Wealth of Nations
Francisco J. Buera; Alexander Monge-Naranjo; Giorgio E. Primiceri
发表日期2008-12-18
出版年2008
语种英语
摘要We study the evolution of market-oriented policies over time and across countries. We consider a model in which own and neighbors' past experiences influence policy choices, through their effect on policymakers' beliefs. We estimate the model using a large panel of countries. We find that there is a strong geographical component to learning, which is crucial to explain the slow adoption of liberal policies during the postwar period. Our model also predicts that there would be a substantial reversal to state intervention if nowadays the world was hit by a shock of the size of the Great Depression.
主题Development and Growth ; Growth and Productivity ; Country Studies
URLhttps://www.nber.org/papers/w14595
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/572268
推荐引用方式
GB/T 7714
Francisco J. Buera,Alexander Monge-Naranjo,Giorgio E. Primiceri. Learning the Wealth of Nations. 2008.
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