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also when controlling for possible endogeneity of liberalization in growth. (2) Democracy encourages liberalization … - countries which introduced greater democracy subsequently progress further in economic liberalization too. (3) Because of its … reinforcing effect on liberalization, democracy has a positive overall impact on growth. Nevertheless, the marginal effect of …
Persistent link: https://www.econbiz.de/10005114240
East Germany remains unique among the transition economies. Soon after the fall of the Berlin Wall in 1989, it became part of the Federal Republic of Germany. German Union meant the transplantation of West Germany's legal, administrative and economic infrastructure to the five new Länder. The...
Persistent link: https://www.econbiz.de/10005124285
We argue that econometric analyses based on transition countries’ data can be vulnerable to structural breaks across time and/or countries. We demonstrate this argument by identifying structural breaks in growth regressions estimated with data for 25 countries and 16 years. Our method allows...
Persistent link: https://www.econbiz.de/10005136785
An ‘efficiency wage’ model developed for Western economies is reinterpreted for Soviet Russia assuming that it was the Gulag not unemployment that acted as a ‘worker-discipline device’. Archival data now available allows for a basic account of the dynamics of the Gulag to be estimated....
Persistent link: https://www.econbiz.de/10005504586
What are the effects of institutional subversion on small business development, fiscal policies, economic growth, and firm performance? This Paper provides an empirical investigation of institutional subversion in Russia’s regions. We develop a complete account of preferential treatments to...
Persistent link: https://www.econbiz.de/10005114295
Conventional wisdom suggests that the stocks of human capital were one of the few positive legacies from communism. However, if factories under communism were so inefficient, why would the education system not have been? Using the education production function approach and new data on...
Persistent link: https://www.econbiz.de/10005666644
We analyse support for EU membership as expressed in voting patterns in the candidate countries’ referenda on EU … membership, using regional referendum results and individual survey data on voting intentions. We find that favourable individual …
Persistent link: https://www.econbiz.de/10005666521
investigate the impact of institutional, political and economic characteristics on migrants’ voting behaviour. The political … voting behaviour: adaptive learning; economic self-selection and political self-selection. The results of the analysis … suggest that migrant voting behaviour is affected by the institutional environment of the host countries, in particular the …
Persistent link: https://www.econbiz.de/10005666825
We investigate the long-run consequences of historic, climatic temperatures (1730-2000) for the modern cross-country income distribution. Using a newly constructed dataset of climatic temperatures stretching over three centuries (18th, 19th, and 20th), we estimate a robust and significant...
Persistent link: https://www.econbiz.de/10008491725
One of the key goals of political economy is to understand how institutional arrangements shape policy outcomes. This paper studies a comparatively neglected aspect of this - the forces that shape heterogeneous performance of autocracies. The paper develops a simple theoretical model of...
Persistent link: https://www.econbiz.de/10005136611