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dc.contributor.authorGassebner, Martinen
dc.contributor.authorGaston, Noelen
dc.contributor.authorLamla, Michaelen
dc.date.accessioned2008-10-23-
dc.date.accessioned2011-10-06T15:41:36Z-
dc.date.available2011-10-06T15:41:36Z-
dc.date.issued2007-
dc.identifier.pidoi:10.3929/ethz-a-005552205en
dc.identifier.urihttp://hdl.handle.net/10419/50436-
dc.description.abstractThis paper examines whether a country's economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are internationally mobile and reforms are pursued in other economies. More interesting is the finding that reforms are not driven by greater trade openness. Using the change in the Index of Economic Freedom as the measure of market-liberalising reforms, we examine two issues. Using data for a panel of 144 countries and the years 1995-2006, we identify the most important channels through which reforms are transmitted from country to country. We find evidence of the importance of reforms in other countries. Moreover, consistent with our model, international trade is not a vehicle for the diffusion of economic reforms, rather the most important mechanism is geographical or cultural proximity.en
dc.language.isoengen
dc.publisher|aETH Zurich, KOF Swiss Economic Institute |cZurichen
dc.relation.ispartofseries|aKOF Working Papers |x187en
dc.subject.jelH71en
dc.subject.jelH77en
dc.subject.jelP51en
dc.subject.jelO57en
dc.subject.ddc330en
dc.subject.keywordEconomic reformsen
dc.subject.keywordeconomic freedomen
dc.subject.keywordresource flow modelsen
dc.subject.keywordspatial interdependenceen
dc.subject.stwWirtschaftsreformen
dc.subject.stwAnsteckungseffekten
dc.subject.stwPanelen
dc.subject.stwSchätzungen
dc.subject.stwWelten
dc.titleThe inverse domino effect: Are economic reforms contagious?-
dc.typeWorking Paperen
dc.identifier.ppn583359299en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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