{"id":111012,"date":"2024-01-22T17:03:41","date_gmt":"2024-01-22T16:03:41","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/111012\/"},"modified":"2024-11-19T10:32:33","modified_gmt":"2024-11-19T09:32:33","slug":"the-impact-of-growth-performance-and-political-regime-type-on-economic-policy-liberalization","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/111012\/","title":{"rendered":"The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-111012","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The paper investigates empirically the interaction between economic growth performance and political institutions in producing free-market reform. In particular, we explore whether political regime types systematically shape government policy responses to good or bad growth performance, employing panel econometric techniques and using recently updated data for economic reform and political institutions. Contrary to conventional wisdom we find that a bad growth performance is conducive to reforms only in democracies, but not in autocracies. Democratic rule seems to be favourable for policy liberalisation in general, but a very good growth performance weakens liberalisation incentives considerably.","onlinedate":"2007-08-16 02:00:00","lang":"English","publication_series":"","publication_date":"20070801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"28","keywords":"[\"crisis hypothesis\",\"democracy\",\"market-oriented reform\",\"political credibility\"]","jelcodes":"[]","related_publications":"[]","pdf":417561,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"300","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44410],"research_groups":[3500],"collaboration":"","persons":[3792],"persons_data":"[{\"personId\":3792,\"personName\":\"Hans Pitlik\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Pitlik, H.<\\\/span> (2007). <span>The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (300). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/29858\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/29858<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Pitlik H<\\\/span>. <span class=\\\"title\\\"><span>The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2007 Aug;(300).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{d60944381df24d8eaef79ef9ea1fa8d7,<\\\/div><div>  title    = \\\"The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization\\\",<\\\/div><div>  abstract = \\\"The paper investigates empirically the interaction between economic growth performance and political institutions in producing free-market reform. In particular, we explore whether political regime types systematically shape government policy responses to good or bad growth performance, employing panel econometric techniques and using recently updated data for economic reform and political institutions. Contrary to conventional wisdom we find that a bad growth performance is conducive to reforms only in democracies, but not in autocracies. Democratic rule seems to be favourable for policy liberalisation in general, but a very good growth performance weakens liberalisation incentives considerably.\\\",<\\\/div><div>  keywords = \\\"crisis hypothesis, democracy, market-oriented reform, political credibility, crisis hypothesis, democracy, market-oriented reform, political credibility\\\",<\\\/div><div>  author   = \\\"Hans Pitlik\\\",<\\\/div><div>  year     = \\\"2007\\\",<\\\/div><div>  month    = aug,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization<\\\/p><p>AU  - Pitlik, Hans<\\\/p><p>PY  - 2007\\\/8<\\\/p><p>Y1  - 2007\\\/8<\\\/p><p>N2  - The paper investigates empirically the interaction between economic growth performance and political institutions in producing free-market reform. In particular, we explore whether political regime types systematically shape government policy responses to good or bad growth performance, employing panel econometric techniques and using recently updated data for economic reform and political institutions. Contrary to conventional wisdom we find that a bad growth performance is conducive to reforms only in democracies, but not in autocracies. Democratic rule seems to be favourable for policy liberalisation in general, but a very good growth performance weakens liberalisation incentives considerably.<\\\/p><p>AB  - The paper investigates empirically the interaction between economic growth performance and political institutions in producing free-market reform. In particular, we explore whether political regime types systematically shape government policy responses to good or bad growth performance, employing panel econometric techniques and using recently updated data for economic reform and political institutions. 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Democratic rule seems to be favourable for policy liberalisation in general, but a very good growth performance weakens liberalisation incentives considerably.<\\\/p><p>KW  - crisis hypothesis<\\\/p><p>KW  - democracy<\\\/p><p>KW  - market-oriented reform<\\\/p><p>KW  - political credibility<\\\/p><p>KW  - crisis hypothesis<\\\/p><p>KW  - democracy<\\\/p><p>KW  - market-oriented reform<\\\/p><p>KW  - political credibility<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Impact of Growth Performance and Political Regime Type on Economic Policy Liberalization - 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