The DOI matches its Crossref record; 51 of the 51 references it cites were found in a registry or an index.
Assessing Economic Liberalization Episodes: A Synthetic Control Approach
Abstract
We use a transparent statistical methodology for data-driven case studies–the synthetic control method–to investigate the impact of economic liberalization on real GDP per capita in a worldwide sample of countries. Economic liberalization is measured by a widely used indicator that captures the scope of the market in the economy. The methodology compares the postliberalization GDP trajectory of treated economies with the trajectory of a combination of similar but untreated economies. We find that liberalizing the economy had a positive effect in most regions, but more recent liberalizations, in the 1990s and mainly in Africa, had no significant impact.
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Cites
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“More specifically, they argue that the commonly employed trade openness indicator, developed in Sachs and Warner (1995), is subject to a number of shortcomings— among the most notable ones that (a) the indicator captures much more than just openness to trade and should be interpreted accordingly…”
BackgroundMethodInfluentialThe economic costs of conflict: a case study of the Basque Country
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Chen, X., & Lin, B. (2021) · Energy Policy · doi:10.1016/j.enpol.2021.112510 · Cited by 502
The impact of remittances on economic growth: An econometric model
Meyer, D., & Shera, A. (2017) · EconomiA · doi:10.1016/j.econ.2016.06.001 · Cited by 408
Kreif, N., Grieve, R., Hangartner, D., Turner, A. J., Nikolova, S., & Sutton, M. (2016) · Health Economics · doi:10.1002/hec.3258 · Cited by 301
The impact of British Columbia's carbon tax on residential natural gas consumption
Xiang, D., & Lawley, C. (2019) · Energy Economics · doi:10.1016/j.eneco.2018.12.004 · Cited by 88
Barlow, P., McKee, M., Basu, S., & Stuckler, D. (2017) · Canadian Medical Association Journal · doi:10.1503/cmaj.161152 · Cited by 70
Metadata
- Authors
- Billmeier, A., & Nannicini, T.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2013-07
- Volume
- 95
- Issue
- 3
- Pages
- 983-1001
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2022313490
- Cited by
- 506
- References
- 51
- FWCI
- 30.46
- Type
- journal article
- Language
- en
- Open access
- closed
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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.
