Structural Reforms and Productivity Growth in Emerging Market and Developing Economies

36 Pages Posted: 28 Mar 2016

See all articles by Era Dabla-Norris

Era Dabla-Norris

International Monetary Fund (IMF)

Giang Ho

International Monetary Fund (IMF)

Annette J. Kyobe

International Monetary Fund (IMF)

Date Written: February 2016

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.

Keywords: Total factor productivity, Labor productivity, Economic Growth, Structural Reforms, Institutions, Emerging Market and Developing Countries, Agriculture, Industry, Services, productivity, productivity growth, development, capital, income, Institutions and Growth

JEL Classification: D24, O16, O24, O43, O47

Suggested Citation

Dabla-Norris, Era and Ho, Giang and Kyobe, Annette J., Structural Reforms and Productivity Growth in Emerging Market and Developing Economies (February 2016). IMF Working Paper No. 16/15, Available at SSRN: https://ssrn.com/abstract=2754919

Era Dabla-Norris (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Giang Ho

International Monetary Fund (IMF)

700 19th Street, N.W.
Washington, DC 20431
United States

Annette J. Kyobe

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

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