About: Uncertainty, informational spillovers and policy reform: A gravity model approach

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

Attributes	Values
rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
rdfs:seeAlso	http://www.sciencedirect.com/science/article/pii/S017626801300058X
Description	Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves can be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple theoretical model of informational spillovers and learning, and then test it empirically using an approach inspired by the gravity model. We find evidence of informational spillovers both with respect to both political and economic liberalization. While the previous literature has focused only on economic reform, we find that the spillovers are particularly important for political changes. (C) 2013 Elsevier B.V. All rights reserved. Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves can be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple theoretical model of informational spillovers and learning, and then test it empirically using an approach inspired by the gravity model. We find evidence of informational spillovers both with respect to both political and economic liberalization. While the previous literature has focused only on economic reform, we find that the spillovers are particularly important for political changes. (C) 2013 Elsevier B.V. All rights reserved. (en)
Title	Uncertainty, informational spillovers and policy reform: A gravity model approach Uncertainty, informational spillovers and policy reform: A gravity model approach (en)
skos:prefLabel	Uncertainty, informational spillovers and policy reform: A gravity model approach Uncertainty, informational spillovers and policy reform: A gravity model approach (en)
skos:notation	RIV/00216208:11230/13:10196508!RIV14-MSM-11230___
http://linked.open...avai/predkladatel	Fakulta sociálních věd
http://linked.open...avai/riv/aktivita	I
http://linked.open...avai/riv/aktivity	I
http://linked.open...iv/cisloPeriodika	12
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Fidrmuc, Jan
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Univerzita Karlova v Praze / Fakulta sociálních věd
http://linked.open...dnocenehoVysledku	112554
http://linked.open...ai/riv/idVysledku	RIV/00216208:11230/13:10196508
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	approach; model; gravity; reform; policy; spillovers; informational; Uncertainty (en)
http://linked.open.../riv/klicoveSlovo	reform spillovers Uncertainty model policy gravity informational approach
http://linked.open...odStatuVydavatele	NL - Nizozemsko
http://linked.open...ontrolniKodProRIV	[9DA025C257CB]
http://linked.open...i/riv/nazevZdroje	European Journal of Political Economy
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...UplatneniVysledku	2013
http://linked.open...v/svazekPeriodika	32
http://linked.open...iv/tvurceVysledku	Fidrmuc, Jan Karaja, Elira
http://linked.open...ain/vavai/riv/wos	000328720200011
issn	0176-2680
number of pages	10 (xsd:int)
http://bibframe.org/vocab/doi	10.1016/j.ejpoleco.2013.07.003
http://localhost/t...ganizacniJednotka	11230

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