Suchergebnisse

This paper is an empirical attempt to determine whether macroeconomic policies influence reform patterns in labour and product markets. Multivariate probit and linear econometric analyses of the determinants of structural reforms in labour and product markets are carried out for 21 OECD countries over the period 1985-2003. Robust evidence is found that sound public finances and fiscal expansions help foster reforms. The effect of fiscal expansion may also be greater for countries that pursue fixed exchange-rate regimes. [Copyright 2008 Elsevier B.V.]

Les trois principaux types d'obstacles à la mise en œuvre de réformes structurelles relèvent de l'économie politique, de la philosophie morale et de l'idéologie et des croyances. Cet article s'efforce d'éclairer le rôle de chacun d'eux dans la résistance de l'économie française aux réformes au cours des deux dernières décennies.

10. Robustness checks for tariff-FDI complementarity regressions: LP interpolated tariff data and changes in sample; Figures; 1. Effective Tariff and Most-Favored-Nation (MFN) Tariff Rates; 2. Changes in Aggregates Tariff Barriers over 1997-2007; 3. Output and Input Tariff Rates; 4. Heterogeneity in Tariff Rate Changes across Sectors; 5a. Total Factor Productivity (TFP) and Output Tariff Rates; 5b. Total Factor Productivity (TFP) and Input Tariff Rates; 6. Potential Productivity Gains from Eliminating Remaining Tariff Barriers; Annex Tables; 1. Sample of Countries; 2. Description of Sectors

Cover -- Contents -- I. INTRODUCTION -- II. DATA AND EMPIRICAL STRATEGY -- III. ESTIMATION RESULTS -- A. Regression results -- B. Back-of-the-envelope calculation -- IV. CONCLUDING REMARKS -- REFERENCES -- FIGURES -- Figure 1. The Evolution of Trade with China Across Industries in Advanced Countries -- TABLES -- Table 1. Baseline Estimates of Trade on Total Factor Productivity -- Table 2. Robustness Checks: 2SLS Estimates of Trade on Total Factor Productivity -- Table 3. 2SLS Estimates of Trade of Employment.