Showing 1 - 10 of 68
transition to a market economy. Our findings are generally affirmative, with an interesting pattern for the Eurasian socialist … fractionalization, which is correlated with late pre-modern development, shows harmful effects in the transition era but not under …
Persistent link: https://www.econbiz.de/10010318883
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
In a first step, more generally, the concept of institutional arbitrage within the comparative capitalism literature is put to a test: as a result of comparative institutional advantages due to different investment incentives provided by types of institutions, companies relocate activities to...
Persistent link: https://www.econbiz.de/10010300757
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … transition countries over the 1990-2003 period; it uses a fixed effects panel approach to account for possible bias from …
Persistent link: https://www.econbiz.de/10010494404
We investigate the impact of differences in privatisation method on national economic performance in transition … transition and recession was over. Our analysis suggests that an advantage of mass privatisation was that it led spontaneously to …
Persistent link: https://www.econbiz.de/10011324983
This paper investigates the variation in entrepreneurship across cities of the Commonwealth of Independent States during 1995-2008, utilising a unique dataset and employing the System Generalised Method of Moments technique. Our findings suggest that banking reform facilitates entrepreneurship,...
Persistent link: https://www.econbiz.de/10011435311
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10010281046
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … transition countries over the 1990-2003 period; it uses a fixed effects, full-information maximum likelihood, panel approach to …
Persistent link: https://www.econbiz.de/10010288837