Services policy reform and economic growth in transition economies, 1990-2004 / Felix Eschenbach, Bernard Hoekman

"Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services p...

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Opis bibliograficzny
Główni autorzy:Eschenbach, Felix
organizacja autorów:World Bank
Kolejni autorzy:Hoekman, Bernard M.
Format: Online-Resource
Język:English
Wydane:[Washington, D.C] : World Bank, 2005
Seria:Policy research working paper
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Dostęp online:URL des Erstveröffentlichers
Opis
Streszczenie:"Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services policy reforms. The authors find that reforms in policies toward financial and infrastructure services, including telecommunications, power, and transport, are highly correlated with inward foreign direct investment. Controlling for regressors commonly used in the growth literature, they find that measures of services policy reform are statistically significant explanatory variables for the post-1990 economic performance of transition economies. These findings suggest services policies should be considered more generally in empirical analyses of economic growth "--World Bank web site
Deskrypcja:Includes bibliographical references. - Title from PDF file as viewed on 8/18/2005
Erscheinungsjahr in Vorlageform:[2005]
Weitere Ausgabe: Eschenbach, Felix: Services policy reform and economic growth in transition economies, 1990-2004
Opis fizyczny:1 Online-Ressource (20 Seiten)