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Building on a model that integrates reforms into exogenous and endogenous growth models, this paper designs an … hypotheses about transition are tested using two-stage least squares on a logit model using data for six countries (Bulgaria, the … the empirical evidence. (1) Contrary to the litany that everyone favors reforms, we find that voting for strong reform …
Persistent link: https://www.econbiz.de/10010334607
Building on a model that integrates reforms into exogenous and endogenous growth models, this paper designs an … hypotheses about transition are tested using two-stage least squares on a logit model using data for six countries (Bulgaria, the … the empirical evidence. (1) Contrary to the litany that everyone favors reforms, we find that voting for strong reform …
Persistent link: https://www.econbiz.de/10005795964
Since the early 1980s a wave of liberalizing reforms has swept over the world. While the stated motivation for these … reforms has usually been to increase economic efficiency, some critics have instead inferred ulterior motives and a desire to … enrich certain (already rich) people at the expense of others. This critique, coupled with the claim that many of the reforms …
Persistent link: https://www.econbiz.de/10011787907
present a voting model with asymmetric information to illustrate that these formal-legal reforms provide a credible signal of … for ways of boosting support for market-oriented reforms. While the effects of political institutions on reform results … that constitutional and extra-constitutional reforms that place limits on the discretionary authority of public officials …
Persistent link: https://www.econbiz.de/10012734538
institutional reforms have differential growth effects in monarchies and republics. A set of Barro-type regressions show that there … are no significant growth differences between the two regime types and that the effects of incremental reforms do not … transitional costs following reforms. We employ a panel of 27 countries observed from 1820-2000 to explore whether regime types and …
Persistent link: https://www.econbiz.de/10012724722
more extensive reforms; they dislike unbalanced reforms. (ii) Worsening of income distribution and higher inflation …
Persistent link: https://www.econbiz.de/10011737127
Five generic reforms, price liberalization, property privatization, macroeconomic stabilization, microeconomic … restructuring and trade liberalization, are integrated into both exogenous and endogenous growth models. This integration allows one … respond to each proposal. This can in turn be used to determine the likelihood of success of a democratic polity in transition …
Persistent link: https://www.econbiz.de/10011561364
An extensive program of economic liberalization reforms, even when it generates positive outcomes, does not … automatically generate support for further reforms. Societies respond with strong support only after experiencing the effects of … reversing these reforms (i.e. corruption, inequality of opportunity). This point is illustrated through the example of the post …
Persistent link: https://www.econbiz.de/10013254562
Unternehmensentwicklung.- Wachstum und Systemtransformation in Rußland: Theoretische und empirische Aspekte.- Wachstum, Wettbewerb und …Verlagstext: Die wirtschaftliche Entwicklung und auch der Reformprozess in Russland haben nach einem Jahrzehnt des …
Persistent link: https://www.econbiz.de/10001748293
more than 100000 observations on individuals. The development of support for market reforms is analysed over time and … countries. Moreover, in a number of panel regressions, individual and macroeconomic determinants of support for reforms are … robust aggregate effect is that those countries that are able to keep inflation low get more support for market reforms …
Persistent link: https://www.econbiz.de/10010519061