Productivity growth effects of structural reforms: Evidence from developing countries

Kwamivi Gomado

No wp-2022-92, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by combining the local projections method and the inverse probability weighted regression adjustment (LP-IPWRA) method. We find that financial reforms, trade reforms, and product market reforms boost labour productivity growth. By documenting the main channels, our results reveal that the reforms studied stimulate labour productivity growth by inducing dynamic efficiency, productive efficiency, and allocative efficiency.

Keywords: Labour productivity; Reforms; Business cycles; Developing countries; Credit cycles (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-dev, nep-eff and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/Publ ... ructural-reforms.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2022-92

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().