Series: IMF Working Papers
Author(s): Juan Zalduendo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2005
Keywords: Growth, factor analysis, equation, correlation, trade liberalization, standard error, Macroeconomic Analyses of Economic Development, Development Planning and Policy: Other, Economywide Country Studies: General,
This paper examines the design of economic policies using factor analysis, which has several advantages; in particular, it limits the problems that typically arise from the high correlation of economic policy indic...