ASSESSING ECONOMIC LIBERALIZATION EPISODES: A SYNTHETIC CONTROL APPROACH
ASSESSING ECONOMIC LIBERALIZATION EPISODES: A SYNTHETIC CONTROL APPROACH
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DOI：
10.1162/rest_a_00324
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发表时间：
2013-07-01
影响因子：
8
通讯作者：
Nannicini, Tommaso
中科院分区：
文献类型：
--
作者：
Billmeier, Andreas;Nannicini, Tommaso
我们使用一种透明的统计方法进行数据驱动的案例研究-综合控制方法-调查经济自由化对世界各国真实的人均GDP的影响。经济自由化是通过一个广泛使用的指标来衡量的，该指标反映了市场在经济中的范围。该方法比较了自由化后接受治疗的经济体的国内生产总值轨迹与类似但未接受治疗的经济体的轨迹。我们发现，经济自由化在大多数区域产生了积极影响，但最近的自由化，主要是在非洲，在1990年代，没有产生重大影响。
We use a transparent statistical methodology for data-driven case studies-the synthetic control method-to investigate the impact of economic liberalization on real GDP per capita in a worldwide sample of countries. Economic liberalization is measured by a widely used indicator that captures the scope of the market in the economy. The methodology compares the postliberalization GDP trajectory of treated economies with the trajectory of a combination of similar but untreated economies. We find that liberalizing the economy had a positive effect in most regions, but more recent liberalizations, in the 1990s and mainly in Africa, had no significant impact.