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Fiscal Adjustments and Institutional Change – Light at the End of the Tunnel?

Läpple, Benjamin LU (2016) NEKP01 20162
Department of Economics
Abstract (Swedish)
This paper tests if structural reforms in the presence of fiscal adjustments have growth enhancing effects. We do this by using two well established measures from the previous literature to identify periods of fiscal adjustments. These measures are the outcome based and the action based approach. As a proxy for structural reforms this paper relies on changes in institutional quality measured by the ICRG index. The hypothesis is tested using a data set including 17 OECD countries for the time period 1985 to 2009. The results obtained from Panel regression analysis support the hypothesis that structural reforms may have growth enhancing effects in times of fiscal adjustments.
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author
Läpple, Benjamin LU
supervisor
organization
course
NEKP01 20162
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Fiscal adjustments, institutional quality, structural reforms, Panel Econometrics
language
English
id
8894798
date added to LUP
2016-12-07 09:27:10
date last changed
2016-12-07 09:27:10
@misc{8894798,
  abstract     = {This paper tests if structural reforms in the presence of fiscal adjustments have growth enhancing effects. We do this by using two well established measures from the previous literature to identify periods of fiscal adjustments. These measures are the outcome based and the action based approach. As a proxy for structural reforms this paper relies on changes in institutional quality measured by the ICRG index. The hypothesis is tested using a data set including 17 OECD countries for the time period 1985 to 2009. The results obtained from Panel regression analysis support the hypothesis that structural reforms may have growth enhancing effects in times of fiscal adjustments.},
  author       = {Läpple, Benjamin},
  keyword      = {Fiscal adjustments,institutional quality,structural reforms,Panel Econometrics},
  language     = {eng},
  note         = {Student Paper},
  title        = {Fiscal Adjustments and Institutional Change – Light at the End of the Tunnel?},
  year         = {2016},
}