| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21840 |
| 来源ID | Working Paper 21840 |
| The Interaction and Sequencing of Policy Reforms | |
| Jose Asturias; Sewon Hur; Timothy J. Kehoe; Kim J. Ruhl | |
| 发表日期 | 2016-01-11 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | In what order should a developing country adopt policy reforms? Do some policies complement each other? Do others substitute for each other? To address these questions, we develop a two-country dynamic general equilibrium model with entry and exit of firms that are monopolistic competitors. The model includes barriers to entry of new firms, barriers to international trade, and barriers to contract enforcement. We find that the same reform can have very different effects on other economic outcomes, depending on the types of distortions present. In our model, we find that reforms to trade barriers and barriers to the entry of new firms are substitutable, as are reforms to contract enforcement and trade barriers. In contrast, we find that reforms to contract enforcement and the barriers to entry are complementary. Finally, the optimal sequence of reforms requires reforming trade barriers before contract enforcement. |
| 主题 | International Economics ; Trade ; International Macroeconomics ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w21840 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579514 |
| 推荐引用方式 GB/T 7714 | Jose Asturias,Sewon Hur,Timothy J. Kehoe,et al. The Interaction and Sequencing of Policy Reforms. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w21840.pdf（419KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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