Using synthetic control method to estimate the growth effects of economic liberalisation: Evidence from transition economies
Author
Abstract
Suggested Citation
DOI: 10.1111/twec.13544
Download full text from publisher
References listed on IDEAS
- Karla Hoff & Joseph E. Stiglitz, 2004.
"After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies,"
American Economic Review, American Economic Association, vol. 94(3), pages 753-763, June.
- Hoff, Karla & Stiglitz, Joseph E., 2002. "After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies," Policy Research Working Paper Series 2934, The World Bank.
- Karla Hoff & Joseph E. Stiglitz, 2002. "After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies," NBER Working Papers 9282, National Bureau of Economic Research, Inc.
- Alberto Abadie & Javier Gardeazabal, 2003. "The Economic Costs of Conflict: A Case Study of the Basque Country," American Economic Review, American Economic Association, vol. 93(1), pages 113-132, March.
- Bibek Adhikari & James Alm, 2016.
"Evaluating the Economic Effects of Flat Tax Reforms Using Synthetic Control Methods,"
Southern Economic Journal, John Wiley & Sons, vol. 83(2), pages 437-463, October.
- Bibek Adhikari & James Alm, 2016. "Evaluating the Economic Effects of Flat Tax Reforms Using Synthetic Control Methods," Working Papers 1615, Tulane University, Department of Economics.
- Adhikari, Bibek & Alm, James, 2017. "Evaluating the Economic Effects of Flat Tax Reforms Using Synthetic Control Methods," Working Paper Series 20294, Victoria University of Wellington, Chair in Public Finance.
- Vladimir Popov, 2000. "Shock Therapy Versus Gradualism: The End Of The Debate (Explaining The Magnitude Of Transformational Recession)," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 42(1), pages 1-57, April.
- John Marangos, 2002. "The Political Economy of Shock Therapy," Journal of Economic Surveys, Wiley Blackwell, vol. 16(1), pages 41-76, February.
- Andreas Billmeier & Tommaso Nannicini, 2013. "Assessing Economic Liberalization Episodes: A Synthetic Control Approach," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 983-1001, July.
- Vladimir Popov, 2007. "Shock Therapy versus Gradualism Reconsidered: Lessons from Transition Economies after 15 Years of Reforms1," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 49(1), pages 1-31, March.
- Shleifer, Andrei, 1997.
"Government in transition,"
European Economic Review, Elsevier, vol. 41(3-5), pages 385-410, April.
- Andrei Shleifer, 1996. "Government in Transition," Harvard Institute of Economic Research Working Papers 1783, Harvard - Institute of Economic Research.
- Xu, Yiqing, 2017. "Generalized Synthetic Control Method: Causal Inference with Interactive Fixed Effects Models," Political Analysis, Cambridge University Press, vol. 25(1), pages 57-76, January.
- Joseph Stiglitz & David Ellerman, 2001. "Not poles apart: “Whither reform?” and “Whence reform?”," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 4(4), pages 325-338.
- Andreas Billmeier & Tommaso Nannicini, 2009.
"Trade Openness and Growth: Pursuing Empirical Glasnost,"
IMF Staff Papers, Palgrave Macmillan, vol. 56(3), pages 447-475, August.
- Mr. Andreas Billmeier & Tommaso Nannicini, 2007. "Trade Openness and Growth: Pursuing Empirical Glasnost," IMF Working Papers 2007/156, International Monetary Fund.
- Sergio Godoy & Joseph E. Stiglitz, 2007.
"Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later,"
Studies in Economic Transition, in: Saul Estrin & Grzegorz W. Kolodko & Milica Uvalic (ed.), Transition and Beyond, chapter 4, pages 89-117,
Palgrave Macmillan.
- Sergio Godoy & Joseph Stiglitz, 2006. "Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later," NBER Working Papers 11992, National Bureau of Economic Research, Inc.
- Ashok Kaul & Stefan Klößner & Gregor Pfeifer & Manuel Schieler, 2022. "Standard Synthetic Control Methods: The Case of Using All Preintervention Outcomes Together With Covariates," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 40(3), pages 1362-1376, June.
- Fischer, Stanley, 1993. "Socialist Economy Reform: Lessons of the First Three Years," American Economic Review, American Economic Association, vol. 83(2), pages 390-395, May.
- repec:wly:soecon:v:83:2:y:2016:p:437-463 is not listed on IDEAS
- John Marangos, 2003. "Was Shock Therapy Really a Shock?," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(4), pages 943-966, December.
- Vivek H. Dehejia, 1996. "Shock Therapy vs. Gradualism: A Neoclassical Perspective," Eastern Economic Journal, Eastern Economic Association, vol. 22(4), pages 425-431, Fall.
- Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
- Rodrik, Dani, 1993. "The Positive Economics of Policy Reform," American Economic Review, American Economic Association, vol. 83(2), pages 356-361, May.
- Alberto Abadie & Alexis Diamond & Jens Hainmueller, 2015. "Comparative Politics and the Synthetic Control Method," American Journal of Political Science, John Wiley & Sons, vol. 59(2), pages 495-510, February.
- Babecký, Jan & Campos, Nauro F., 2011. "Does reform work? An econometric survey of the reform-growth puzzle," Journal of Comparative Economics, Elsevier, vol. 39(2), pages 140-158, June.
- Irene Botosaru & Bruno Ferman, 2019.
"On the role of covariates in the synthetic control method,"
The Econometrics Journal, Royal Economic Society, vol. 22(2), pages 117-130.
- Botosaru, Irene & Ferman, Bruno, 2017. "On the Role of Covariates in the Synthetic Control Method," MPRA Paper 80796, University Library of Munich, Germany.
- Sebastian Galiani & Brian Quistorff, 2017. "The synth runner package: Utilities to automate synthetic control estimation using synth," Stata Journal, StataCorp LP, vol. 17(4), pages 834-849, December.
- Roland, Gerard, 1994.
"On the Speed and Sequencing of Privatisation and Restructuring,"
Economic Journal, Royal Economic Society, vol. 104(426), pages 1158-1168, September.
- Roland, Gérard, 1994. "On the Speed and Sequencing of Privatization and Restructuring," CEPR Discussion Papers 942, C.E.P.R. Discussion Papers.
- Grier, Kevin B. & Grier, Robin M., 2021. "The Washington consensus works: Causal effects of reform, 1970-2015," Journal of Comparative Economics, Elsevier, vol. 49(1), pages 59-72.
- Thomas W. Hall & John E. Elliott, 1999. "Poland and Russia One Decade after Shock Therapy," Journal of Economic Issues, Taylor & Francis Journals, vol. 33(2), pages 305-314, June.
- Gérard Roland, 2002. "The Political Economy of Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 29-50, Winter.
- Peter Murrell, 1995. "The Transition According to Cambridge, Mass," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 164-178, March.
- Brzezinski, Michal & Myck, Michał & Najsztub, Mateusz, 2022. "Sharing the gains of transition: Evaluating changes in income inequality and redistribution in Poland using combined survey and tax return data," European Journal of Political Economy, Elsevier, vol. 73(C).
- Tommaso Nannicini & Andreas Billmeier, 2011. "Economies in Transition: How Important Is Trade Openness for Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 287-314, June.
- Yavlinsky Grigory & Braguinsky Serguey, 1994. "The Inefficiency of Laissez-Faire in Russia: Hysteresis Effects and the Need for Policy-Led Transformation," Journal of Comparative Economics, Elsevier, vol. 19(1), pages 88-116, August.
- Branko Milanovic, 2015. "After the Wall Fell: The Poor Balance Sheet of the Transition to Capitalism," Challenge, Taylor & Francis Journals, vol. 58(2), pages 135-138, March.
- Herman W Hoen, 1996. "“Shock Versus Gradualism” in Central Europe Reconsidered," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 38(1), pages 1-20, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- David Gilchrist & Thomas Emery & Nuno Garoupa & Rok Spruk, 2023. "Synthetic Control Method: A tool for comparative case studies in economic history," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 409-445, April.
- Ichiro Iwasaki & Taku Suzuki, 2016.
"Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate,"
Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
- Iwasaki, Ichiro & Suzuki, Taku, 2015. "Radicalism versus Gradualism: An Analytical Survey of the Transition Strategy Debate," RRC Working Paper Series 45, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
- Nuno Garoupa & Rok Spruk, 2024. "Populist Constitutional Backsliding and Judicial Independence: Evidence from Turkiye," Papers 2410.02439, arXiv.org.
- Chiara Natalie Focacci & Mitja Kovac & Rok Spruk, 2022. "The perils of Kremlin's influence: evidence from Ukraine," Papers 2206.04950, arXiv.org.
- Emery, Thomas & Mélon, Lela & Spruk, Rok, 2023. "Does e-procurement matter for economic growth? Subnational evidence from Australia," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 318-334.
- Samuel Verevis & Murat Üngör, 2021. "What has New Zealand gained from The FTA with China?: Two counterfactual analyses†," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 20-50, February.
- Bruno Ferman & Cristine Pinto & Vitor Possebom, 2020.
"Cherry Picking with Synthetic Controls,"
Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 39(2), pages 510-532, March.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier & Possebom, Vítor Augusto, 2016. "Cherry picking with synthetic controls," Textos para discussão 420, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Ferman, Bruno & Pinto, Cristine & Possebom, Vitor, 2017. "Cherry Picking with Synthetic Controls," MPRA Paper 78213, University Library of Munich, Germany.
- Maximiliano Marzetti & Rok Spruk, 2023. "Long-Term Economic Effects of Populist Legal Reforms: Evidence from Argentina," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(1), pages 60-95, March.
- Bibek Adhikari & Romain Duval & Bingjie Hu & Prakash Loungani, 2018.
"Can Reform Waves Turn the Tide? Some Case Studies using the Synthetic Control Method,"
Open Economies Review, Springer, vol. 29(4), pages 879-910, September.
- Bibek Adhikari & Mr. Romain A Duval & Bingjie Hu & Mr. Prakash Loungani, 2016. "Can Reform Waves Turn the Tide? Some Case Studies Using the Synthetic Control Method," IMF Working Papers 2016/171, International Monetary Fund.
- Giulio Grossi & Marco Mariani & Alessandra Mattei & Patrizia Lattarulo & Ozge Oner, 2020. "Direct and spillover effects of a new tramway line on the commercial vitality of peripheral streets. A synthetic-control approach," Papers 2004.05027, arXiv.org, revised Nov 2023.
- Maïmouna Diakite & Jean-François Brun & Souleymane Diarra & Nasser Ary Tanimoune, 2017.
"The effects of tax coordination on the tax revenue mobilization in West African Economic and Monetary Union (WAEMU),"
CERDI Working papers
halshs-01535104, HAL.
- Maïmouna DIAKITE & Jean-François BRUN & Souleymane DIARRA & Nasser ARY TANIMOUNE, 2017. "The effects of tax coordination on the tax revenue mobilization in West African Economic and Monetary Union (WAEMU)," Working Papers 201712, CERDI.
- Maïmouna Diakite & Jean-François Brun & Souleymane Diarra & Nasser Ary Tanimoune, 2017. "The effects of tax coordination on the tax revenue mobilization in West African Economic and Monetary Union (WAEMU)," Working Papers halshs-01535104, HAL.
- Bibek Adhikari, 2022. "A Guide to Using the Synthetic Control Method to Quantify the Effects of Shocks, Policies, and Shocking Policies," The American Economist, Sage Publications, vol. 67(1), pages 46-63, March.
- Daniel Albalate & Germà Bel & Ferran A. Mazaira-Font, 2021. "Decoupling synthetic control methods to ensure stability, accuracy and meaningfulness," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 12(4), pages 549-584, December.
- Essers, Dennis & Ide, Stefaan, 2019.
"The IMF and precautionary lending: An empirical evaluation of the selectivity and effectiveness of the Flexible Credit Line,"
Journal of International Money and Finance, Elsevier, vol. 92(C), pages 25-61.
- Dennis Essers & Stefaan Ide, 2017. "The IMF and precautionary lending : An empirical evaluation of the selectivity and effectiveness of the flexible credit line," Working Paper Research 323, National Bank of Belgium.
- Klößner, Stefan & Pfeifer, Gregor, 2015.
"Synthesizing Cash for Clunkers: Stabilizing the Car Market, Hurting the Environment,"
VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy
113207, Verein für Socialpolitik / German Economic Association.
- Klößner, Stefan & Pfeifer, Gregor, 2018. "Synthesizing Cash for Clunkers: Stabilizing the Car Market, Hurting the Environment?," MPRA Paper 88175, University Library of Munich, Germany.
- Juan S. Mora‐Sanguinetti & Rok Spruk, 2023. "Economic effects of recent experiences of federalism: Analysis of the regionalization process in Spain," Journal of Regional Science, Wiley Blackwell, vol. 63(1), pages 30-63, January.
- Mohammad Reza Farzanegan & Mohammad Ali Kadivar, 2023.
"The effect of Islamic revolution and war on income inequality in Iran,"
Empirical Economics, Springer, vol. 65(2), pages 1007-1026, August.
- Mohammad Reza Farzanegan & Mohammad Ali Kadivar, 2021. "The Effect of Islamic Revolution and War on Income Inequality in Iran," CESifo Working Paper Series 9428, CESifo.
- Bidisha Lahiri & Anurag Deb, 2022. "Impact of the Indian “demonetization” policy on its export performance," Empirical Economics, Springer, vol. 62(6), pages 2799-2825, June.
- Alessandro Melcarne & Juan S. Mora-Sanguinetti & Rok Spruk, 2021. "Democracy, technocracy and economic growth: evidence from 20 century Spain," Working Papers 2118, Banco de España.
- Irene Botosaru & Bruno Ferman, 2019.
"On the role of covariates in the synthetic control method,"
The Econometrics Journal, Royal Economic Society, vol. 22(2), pages 117-130.
- Botosaru, Irene & Ferman, Bruno, 2017. "On the Role of Covariates in the Synthetic Control Method," MPRA Paper 80796, University Library of Munich, Germany.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:worlde:v:47:y:2024:i:6:p:2332-2360. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0378-5920 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.