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identification, they too narrowly defined what Northian institutions entail. As a matter of fact, political, legal and economic … institutions are highly malleable even in advanced economies, while sustained economic growth could well be deep rooted in …
Persistent link: https://www.econbiz.de/10010290007
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. …
Persistent link: https://www.econbiz.de/10010267484
the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 …
Persistent link: https://www.econbiz.de/10010278016
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration...
Persistent link: https://www.econbiz.de/10010267675
The transition process has had different distributional impacts across different interest groups and countries. These … have led to differences in the support for transition. In this paper, we study support attitudes for both the economic and … political transition using data from the New Barometer Surveys for 14 transition economies from 1991 to 2004. We document that …
Persistent link: https://www.econbiz.de/10010268942
documents the evolution of labor market institutions and policies in the transition region. The data show a clear trend towards …This paper offers a first comprehensive study of the relationship between labor market institutions and policies and … test several predictions concerning the role of institutions and polices in explaining labor market outcomes. The results …
Persistent link: https://www.econbiz.de/10010271253
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10010267582
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process … of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law … necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely …
Persistent link: https://www.econbiz.de/10010262181
sociopolitical institutions because they (a) involve a strong degree of increasing returns to scale and the natural monopoly powers …
Persistent link: https://www.econbiz.de/10010268511
Ethnic and religious fractionalization have important effects on economic growth and development, but their role in internal violent conflicts has been found to be negligible and statistically insignificant. These findings have been invoked in refutation of the Huntington hypothesis, according...
Persistent link: https://www.econbiz.de/10010269143