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Law in Transition and Development: The Case of Russia

Marin, Dalia - 2004

. This paper confronts with empirical evidence two approaches to explain barter in Russia: the 'illusion view' and the 'trust … Russia is producing value added by enabling this sector to sell its output at a higher price than its market value. The … 'trust view' sees barter as an institution to deal with the absence of trust and liquidity in the Russian economy. We …

Persistent link: https://www.econbiz.de/10010333765

The Vanishing Barter Economy in Russia: A Test of the Virtual Economy Hypothesis? Reply to Barry Ickes

Marin, Dalia - 2004

This paper is a reply to Barry Ickes' critique of my paper 'Trust versus Illusion: What is Driving Demonetization in … Russia?' in which I show that the data reject Barry Ickes' Virtual Economy explanation of barter in Russia in favor of an … institutional explanation based on the lack of trust. …

Persistent link: https://www.econbiz.de/10010333891

Trust vs Illusion: What is driving Demonetization in Russia?

Marin, Dalia - 2000

The virtual economy argument for Russia suggests that barter allows the parties to pretend that the manufacturing … alternative explanation which sees this pricing behavior as a mechanism to deal with the absence of trust and financial discipline …

Persistent link: https://www.econbiz.de/10010427339

The Vanishing Barter Economy in Russia: A Test of the Virtual Economy Hypothesis? Reply to Barry Ickes

Marin, Dalia - 2006

This paper is a reply to Barry Ickes' critique of my paper “Trust versus Illusion: What is Driving Demonetization in … Russia?” in which I show that the data reject Barry Ickes' Virtual Economy explanation of barter in Russia in favor of an … institutional explanation based on the lack of trust. …

Persistent link: https://www.econbiz.de/10010427466

Can EU Conditionality Remedy Soft Budget Constraints in Transition Countries?

Weise, Christian; Schröder, Philipp J. H.; Brücker, … - 2003

Soft budget constraints (SBCs) are a persistent feature of transition economies and have been blamed for i.a. a lack of fiscal consolidation and sluggish growth. EU eastward enlargement has - among other things - been conditioned on tackling SBCs. This paper analyzes such outside conditionality...

Persistent link: https://www.econbiz.de/10010276553

Assessing the impact of credit ratings and economic performance on firm default

Bottazzi, Giulio; Grazzi, Marco; Secchi, Angelo; … - 2007

The study of firms' default has attracted wide interest among both practitioners and scholars. However, attention has often been limited to a relatively small set of financial variables. In this work, we try to increase the scope of analysis extending the investigation to other possible...

Persistent link: https://www.econbiz.de/10010328637

Growing export performance of transition economies: EU market access versus supply capacity factors

Jaklič, Andreja; Damijan, Jože P.; Rojec, Matija; … - 2008

Remarkable growth of export perfirmance of transition economies has been one of the most outstanding features of the transition and EU integration processes. The paper looks at the reasons behind this phenomenon. Following Redding and Venables (2003, 2004), and Fugazza (2004), we distinguish...

Persistent link: https://www.econbiz.de/10010313438

Bright past, shady future? Past and potential future export performance of CEE countries in a comparative perspective

Damijan, Joéze; Kostevc, éCrt; Rojec, Matija - 2013

In this paper we examine the reasons behind the remarkable export performance of transition economies in the last two decades. Following Redding and Venables (2004, 2004a) and Fugazza (2004), we decompose export performance into the gains due to the advantageous access to foreign markets and...

Persistent link: https://www.econbiz.de/10010314798

Dynamics of Chinese Comparative Advantage

Hinloopen, Jeroen; van Marrewijk, Charles - 2004

We analyze the dynamics of Chinese comparative advantage as measured by export shares and the Balassa index using 3-digit and 4-digit sectors for the period 1970 – 1997. We use novel tools to identify periods of rapid structural change and the persistence of comparative advantage, such as...

Persistent link: https://www.econbiz.de/10010325454

Transition in Southeast Europe: Understanding economic development and institutional change

Uvalic, Milica - 2010

The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market...

Persistent link: https://www.econbiz.de/10010280136