Gassebner, Martin; Gaston, Noel; Lamla, Michael - Department of Econometrics and Business Statistics, … - 2007
This paper examines whether a country’s economic reforms are affected by reforms adopted by other countries. A simple … model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are … Freedom as the measure of market-liberalising reforms, we examine two issues. First, we examine whether economic reforms are â …