Loading...
Please wait, while we are loading the content...
Similar Documents
Post-Communist Transition as a Path Break: Comparing Legal Institutional Effects on Economic Growth between Path-Breaking and Path-Drifting Institutional Reforms
| Content Provider | Semantic Scholar |
|---|---|
| Author | Tamilina, Larysa Tamilina, Natalya |
| Copyright Year | 2016 |
| Abstract | This article explains the peculiarities of institutional effects on growth rates in postcommunist countries. By proposing a certain dependence of the institution–growth nexus on the mode of institutional grafting, the distinction between drift-phase and path-breaking institutional change is introduced. Theoretical juxtapositions show that transition countries’ institutions built through path-breaking institutional reforms differ from those that emerge evolutionarily in the drift phase in a twofold manner in their relationship to growth. Growth rates of their economies are less likely to depend on the quality of legal institutions and are more likely to be a function of the maturity of political institutions. In addition, legal institutional change in the post-communist world is a product of the quality of the political environment to a greater extent than their drift-phase alternatives. These propositions are tested empirically based on a sample of 87 countries derived from the POLITY IV Project’s website. JEL Classification: O17, O43, O57, P26, P37 |
| Starting Page | 315 |
| Ending Page | 347 |
| Page Count | 33 |
| File Format | PDF HTM / HTML |
| DOI | 10.1177/0973801017703513 |
| Alternate Webpage(s) | https://mpra.ub.uni-muenchen.de/75430/1/MPRA_paper_75430.pdf |
| Alternate Webpage(s) | https://doi.org/10.1177/0973801017703513 |
| Volume Number | 11 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
