Assessing the Impact of Structural Reforms Through a Supply side Framework The Case of Argentina is popular PDF and ePub book, written by Ms.Lusine Lusinyan in 2018-08-03, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Assessing the Impact of Structural Reforms Through a Supply side Framework The Case of Argentina can be Read Online from any device for your convenience.
Assessing the Impact of Structural Reforms Through a Supply side Framework The Case of Argentina Book PDF Summary
The paper uses a supply-side framework based on a production function approach to assess the role of structural reforms in boosting long-term GDP growth in Argentina. The impact of product, labor, trade, and tax reforms on each supply-side channel—capital accumulation, labor utilization, and total factor productivity, proxied with an efficiency estimate—is assessed separately and then combined to derive the total impact on growth. The largest effect of structural reforms, involving regulatory changes that promote competition and facilitate flexible forms of employment, comes through the productivity/efficiency channel. Pro-competition regulation also improves labor utilization, while lower entry barriers and trade tariffs are important for capital accumulation. Structural reforms could have substantial effects on Argentina’s long-term GDP growth; for example, an ambitious reform effort to improve business regulatory environment would add 1–11⁄2 percent to average annual growth of GDP.
Detail Book of Assessing the Impact of Structural Reforms Through a Supply side Framework The Case of Argentina PDF
- Author : Ms.Lusine Lusinyan
- Release : 03 August 2018
- Publisher : International Monetary Fund
- ISBN : 9781484373033
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 12,9 Mb
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