We survey the empirical literature analysing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of...

The results of the previous section, estimates of a three equation model from 23 observations, must obviously be regarded as tentative. The consistent positive relationship between number of interest groups and size of government observed with changing sets of included independent variables,...

The purpose of the present paper has been to examine one particular set of implications of the Olson theory: the effect on trade patterns of the accumulation of interest groups and organizational rigidities. The results of three different tests were consistent with the predictions of that...

We examine spatial spillovers in institutional development. Dependent variables are institutional measures reflecting politics, law, and governmental administration. The explanatory variable of interest is the level of institutions in bordering countries—a spatial lag of the dependent...

A companion volume to the International Handbook on the Economics of Corruption published in 2006, the specially commissioned papers in Volume Two present some of the best policy-oriented research in the field. They stress the institutional roots of corruption and include new research on topics...

This paper addresses whether neoclassical economics can provide the intellectual underpinning for a theory of reform. I examine whether the neoclassical model satisfies an essential condition to qualify for this role: does it give us a satisfactory explanation for the vast differences in...