Social Sciences
4 years ago

Structural reforms boost income levels in OECD and non-OECD countries

SSRN Electronic Journal
The Quantification of Structural Reforms: Taking Stock of the Results for OECD and Non-OECD Countries
Balázs Égert

Paper Summary

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The article summarizes how structural reforms impact economic outcomes in OECD and non-OECD countries. It shows how different policies affect productivity, capital, and employment. The research found that policy effects can vary depending on a country's level of development and its institutions. The study also provides estimates of how reforms can affect income levels in the long run.