Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24048
Full metadata record
DC FieldValueLanguage
dc.contributor.authorHeinemann, Friedrichen_US
dc.date.accessioned2009-02-16T14:48:15Z-
dc.date.available2009-02-16T14:48:15Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/24048-
dc.description.abstractCountries are often slow to adjust their economic structures to new necessitiesalthough this reform reluctance is costly in terms of growth and employment. Thispaper analyses the relevant factors that block or foster economic reforms.Theoretical considerations show that there are at least three classes of potentiallyrelevant factors: the objective need for reforms, political-economic issues andfactors associated with limited rationality or rational ignorance. In the empiricalanalysis, a reform event is quantified as a significant change of the EconomicFreedom of the World indicator within a five-year-period. This allows to run probitestimations for a large country panel starting in the 1970s where the probability ofreform is explained by a number of proxies covering all three classes of potentialfactors. The results suggest that the initial extent of economic freedom and growthperformance are empirically relevant factors. Furthermore, countries with an ageingpopulation appear to behave less reform friendly.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen_US
dc.relation.ispartofseries|aZEW Discussion Papers |x04-39en_US
dc.subject.jelE63en_US
dc.subject.jelH00en_US
dc.subject.ddc330en_US
dc.subject.keywordeconomic policy reformsen_US
dc.subject.keywordeconomic freedomen_US
dc.subject.keywordreform resistanceen_US
dc.subject.keywordlimited rationalityen_US
dc.subject.stwWirtschaftsreformen_US
dc.subject.stwSozialreformen_US
dc.subject.stwSoziale Bewegungen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwBeschränkte Rationalitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwWirtschaftsliberalismusen_US
dc.subject.stwWelten_US
dc.titleExplaining Reform Deadlocksen_US
dc.typeWorking Paperen_US
dc.identifier.ppn386887306en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:2035-

Files in This Item:
File
Size
119.42 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.