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Structural Reforms and Productivity Growth in Emerging Market and Developing Economies

Author

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  • Ms. Era Dabla-Norris
  • Giang Ho
  • Ms. Annette J Kyobe

Abstract

This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term.

Suggested Citation

  • Ms. Era Dabla-Norris & Giang Ho & Ms. Annette J Kyobe, 2016. "Structural Reforms and Productivity Growth in Emerging Market and Developing Economies," IMF Working Papers 2016/015, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2016/015
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    5. Kouamé, Wilfried A.K. & Tapsoba, Sampawende J.-A., 2019. "Structural reforms and firms’ productivity: Evidence from developing countries," World Development, Elsevier, vol. 113(C), pages 157-171.
    6. Luiza Antoun de Almeida & Vybhavi Balasundharam, 2018. "On the Impact of Structural Reforms on Output and Employment: Evidence from a Cross-country Firm-level Analysis," IMF Working Papers 2018/073, International Monetary Fund.
    7. Kwamivi Gomado, 2022. "Productivity growth effects of structural reforms: Evidence from developing countries," WIDER Working Paper Series wp-2022-92, World Institute for Development Economic Research (UNU-WIDER).
    8. Mr. Sanjeev Gupta & Michela Schena & Mr. Seyed Reza Yousefi, 2018. "Expenditure Conditionality in IMF-supported Programs," IMF Working Papers 2018/255, International Monetary Fund.
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    12. M. Ayhan Kose & Franziska Ohnsorge, 2023. "Slowing Growth: More Than a Rough Patch," CAMA Working Papers 2023-23, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    13. Sabine Winkler, 2017. "Housing, Finance, Policy and the Wider Economy," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 7(2), pages 45-64, June.
    14. Sinem Kilic Celik & M. Ayhan Kose & Franziska Ohnsorge, 2023. "Potential Growth Prospects: Risks, Rewards and Policies," CAMA Working Papers 2023-19, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    15. Bhushan Praveen Jangam & Badri Narayan Rath, 2021. "Does global value chain participation enhance domestic value‐added in exports? Evidence from emerging market economies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 1681-1694, April.
    16. Alan Finkelstein Shapiro & Brendan Epstein, 2018. "Banking and Financial Access Reforms, Labor Markets, and Financial Shocks," 2018 Meeting Papers 2, Society for Economic Dynamics.
    17. Wasim Ahmad & Sanjay Sehgal, 2018. "Business Cycle and Financial Cycle Interdependence and the Rising Role of China in SAARC," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 16(2), pages 337-362, June.
    18. Maty Konte & Wilfried A Kouamé & Emmanuel B Mensah, 2022. "Structural Reforms and Labor Productivity Growth in Developing Countries: Intra or Inter-Reallocation Channel?," The World Bank Economic Review, World Bank, vol. 36(3), pages 646-669.
    19. Fredrik Heyman & Pehr-Johan Norbäck & Lars Persson, 2019. "The Turnaround of the Swedish Economy: Lessons from Large Business Sector Reforms," The World Bank Research Observer, World Bank, vol. 34(2), pages 274-308.
    20. Kwamivi Mawuli Gomado, 2024. "Distributional Effects of Structural Reforms in Developing Countries: Evidence from Financial Liberalization," Open Economies Review, Springer, vol. 35(5), pages 1051-1084, November.
    21. Kwamivi Mawuli Gomado, 2024. "Impact of uncertainty on economic growth: The role of pro‐market institutions in developing countries," Post-Print hal-04725308, HAL.
    22. Ms. Lusine Lusinyan, 2018. "Assessing the Impact of Structural Reforms Through a Supply-side Framework: The Case of Argentina," IMF Working Papers 2018/183, International Monetary Fund.
    23. Fatmir Besimi & Vassilis Monastiriotis, 2019. "The Role of EU Integration in Accelerating Structural Reforms in the Western Balkans: Evidence, Theory and Policy," LEQS – LSE 'Europe in Question' Discussion Paper Series 140, European Institute, LSE.
    24. Sakshi Bhayana & Biswajit Nag, 2024. "Global Value Chain Linkages and Carbon Emissions embodied in trade, An Evidence from Emerging Economies: Uncovering Connections," Papers 2411.02963, arXiv.org.
    25. Ai, Xian-Neng & Du, Yun-Fei & Li, Wei-Ming & Li, Hui & Liao, Hua, 2021. "The pattern of household energy transition," Energy, Elsevier, vol. 234(C).

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