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Cited by 359

The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.

Policy Uncertainty, Persistence and Growth*

Open access
Aizenman, Joshua, Marion, Nancy P.·1993·Review of International Economics
DOI 10.1111/j.1467-9396.1993.tb00012.x
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Abstract

This paper explores links between policy uncertainty and growth. Using an endogenous growth model in which domestic investment is characterized by irreversibilities and policy fluctuates between a high‐ and a low‐tax regime, it shows that the magnitude of policy fluctuation and the persistence of policy jointly determine the pattern of investment and growth. Cross‐section regressions confirm that for 46 developing countries over the 1970‐85 period, policy uncertainty is negatively correlated with both investment and growth. Policy persistence also plays an important role.

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Crossref · 10.1111/j.1467-9396.1993.tb00012.x

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Metadata

Authors
Aizenman, J., & Marion, N. P.
Venue
Review of International Economics
Publisher
Wiley
Published
1993-06
Volume
1
Issue
2
Pages
145-163
ISSN
  • 0965-7576 (ISSN-L)
  • 1467-9396
DOI
10.1111/j.1467-9396.1993.tb00012.x
OpenAlex
W2152845321
Cited by
359
References
25
FWCI
4.92
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Policy Uncertainty, Persistence and Growth*. https://app.cochat.ai/papers/10.1111/j.1467-9396.1993.tb00012.x
The paper
Aizenman, J., & Marion, N. P. (1993). Policy Uncertainty, Persistence and Growth*. Review of International Economics. https://doi.org/10.1111/j.1467-9396.1993.tb00012.x

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.