Fiscal Adjustments and Institutional Change – Light at the End of the Tunnel?
(2016) NEKP01 20162Department 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.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8894798
- author
- Läpple, Benjamin LU
- supervisor
- organization
- course
- NEKP01 20162
- year
- 2016
- 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}}, language = {{eng}}, note = {{Student Paper}}, title = {{Fiscal Adjustments and Institutional Change – Light at the End of the Tunnel?}}, year = {{2016}}, }