THE INVERSE DOMINO EFFECT: ARE ECONOMIC REFORMS CONTAGIOUS?*
研究了其他国家经济改革是否会影响本国改革，发现改革存在溢出效应，且地理或文化邻近是主要传播机制，国际贸易并非重要渠道。
This article examines whether a country's economic reforms are affected by reforms adopted by other countries. Our theoretical model predicts that reforms are more likely when factors of production are internationally mobile and reforms are pursued in other economies. Using the change in the Index of Economic Freedom as the measure of market-liberalizing reforms and panel data (144 countries, 1995–2006), we test our model. We find evidence of the spillover of reforms. Moreover, consistent with our model, international trade is not a vehicle for the diffusion of economic reforms; rather the most important mechanism is geographical or cultural proximity.