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We argue that econometric analyses based on transition countries’ data can be vulnerable to structural breaks across …-oriented reforms. We find robust evidence that the pattern of growth in transition has changed at least two times, yielding thus three …
Persistent link: https://www.econbiz.de/10005677568
the greatly blocked transition. The key sign of the post-socialist transformation has been the formation of a new …
Persistent link: https://www.econbiz.de/10005652646
It is widely acknowledged that corruption has negative impact on economy and society. Transition process in the Central … serious problem since the index does not improve as transition process advances. Numerous comparative studies, however …, suggest that corruption is more prominent feature in a number of other transition countries. We believe that the institutional …
Persistent link: https://www.econbiz.de/10005652657
In this paper we address the two following questions: (1) what are the major sources of real exchange rate fluctuations in developing countries? (2) do economic policy makers have room to face possible real exchange rate fluctuations? To answer these questions, we estimate a structural VAR model...
Persistent link: https://www.econbiz.de/10005652684
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10010859437
This paper examines within-industry variation in labor productivity at the beginning of Russia's transition process in …
Persistent link: https://www.econbiz.de/10005677504
Countries making the transition to a market economy often experience an increase in corruption along with an increase …
Persistent link: https://www.econbiz.de/10005677510
A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that...
Persistent link: https://www.econbiz.de/10005489873
transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … at least a few competitors is effective both directly and through improving the efficiency with which the rents from …
Persistent link: https://www.econbiz.de/10005652631
Kosovo is a war-torn corner of the former Yugoslavia, where a civil war between ethnic Albanians and ethnic Serbs raged during most of the 1990s. We examine the incidence and depth of poverty and some of its correlates in post-conflict Kosovo using the Living Standards Measurement Survey.
Persistent link: https://www.econbiz.de/10005784801