Article ID Journal Published Year Pages File Type
5061834 Economics Letters 2008 4 Pages PDF
Abstract

This paper studies how initial conditions affect the outcome of reform using the case of trade liberalization as an example. The paper illustrates empirically and theoretically the seemingly paradoxical case of larger impact of reform when initial conditions are poorer.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Initial conditions and the outcome of economic reform
Authors
, ,