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Title: Liberalization with endogenous institutions: a comparative analysis of agricultural reform in Africa, Asia and Europe
Authors: Swinnen, Jo
Vandeplas, Anneleen
Maertens, Miet
Issue Date: 2009
Publisher: KULeuven LICOS
Series Title: LICOS - Discussion paper series 233/2009 pages:1-55
Abstract: Thirty years ago, a vast share of the poor and middle income countries were heavily statecontrolled. The effects of the liberalizations in the 1980s and 1990s differed strongly between regions in Africa, Asia and Europe. This paper first documents these differences in reform effects in a comparative framework and then develops a model to formally analyze how liberalization affects production and income distribution when institutions that govern production and exchange are also affected. We derive hypotheses on how the endogenous institutional adjustments affect the supply response to the liberalizations. We use these insights to forward a series of explanations on the differences in performance across countries following liberalization.
Publication status: published
KU Leuven publication type: IR
Appears in Collections:LICOS - Centre for Institutions and Economic Performance, Leuven
Division of Bioeconomics
Department of Economics, Leuven - miscellaneous

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