Data for: Structural Reforms and Economic Performance: The Experience of Advanced Economies
Principal Investigator(s): View help for Principal Investigator(s) Nauro Campos, UCL; Paul De Grauwe , LSE; Yuemei Ji, UCL
Version: View help for Version V1
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Project Citation:
Campos, Nauro, De Grauwe , Paul , and Ji, Yuemei. Data for: Structural Reforms and Economic Performance: The Experience of Advanced Economies. Nashville, TN: American Economic Association [publisher], 2025. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2025-01-27. https://doi.org/10.3886/E204501V1
Project Description
Summary:
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This paper provides a
comprehensive assessment of the theoretical and empirical literature on
structural reforms in advanced economies. Structural reforms matter because they
entail profound and systematic changes that affect economic welfare,
productivity, growth, unemployment, macroeconomic stability, and income
inequality. Here we focus on structural reforms in product, labor, and
financial markets. After putting forward a set of stylized facts, we take stock
of the literature on each of these three key structural reforms, and then
assess their business cycle and political economy implications. We underscore various
gaps in the literature and articulate a future research agenda that highlights four
main areas: measurement, interactions among reforms, political economy
considerations, and the timing of the implementation of reforms.
Funding Sources:
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ESRC (ES/P000274/1)
Scope of Project
Subject Terms:
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structural reforms;
economic performance;
Advanced Economies
JEL Classification:
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D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
E23 Macroeconomics: Production
H26 Tax Evasion and Avoidance
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
E23 Macroeconomics: Production
H26 Tax Evasion and Avoidance
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Geographic Coverage:
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North America and Europe (advanced economies)
Time Period(s):
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1973 – 2015
Collection Date(s):
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2018 – 2021
Universe:
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Countries (advanced economies)
Data Type(s):
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aggregate data
Collection Notes:
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This is standard aggregate data
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