Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005



Table 2: Frequency of different types of reforms in different time periods
(see table 1 for sample definition)

Before

1980

Between

1980 and

1990

After

1990

Labour
market
reforms

0.1

0.24

0.38

Product
market
reforms

0

0.16

0.62

Pension

reforms

n.a.

0.16

0.31

Figures represent the ratio between the total number of cases in which reforms occurred over the total number of years for which
information is available on reform indicators. See Table 1 for the definition of reform indicators and for country/year availability.

Table 3: Rank correlation between indicators of labour market, product market and pension reforms across
the sample (see table 1 for sample definition)

Labour
market
reforms

Labour
market
reforms

Labour
market
reforms

Labour
market
reforms

1

..

..

Product
market
reforms

-0.01

1

..

Pension

reforms

0.02

0.14

1

Source: Authors’ calculation on data described in table 1

120



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