Arbeitspapier
How important are Institutions for Growth in Transition Countries?
Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the former. It is also found that the correlation between institutionsand FDI is more likely to be a (direct) causation. Only inflation and war seem to have beenrelatively more important for growth performance in transition countries than institutionsper se. This suggests that macroeconomic stabilization and peace should be the main policypriorities in transition, closely followed by institution building.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 99-004/2
- Klassifikation
-
Wirtschaft
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Comparative Studies of Countries
Socialist Systems and Transitional Economies: Planning, Coordination, and Reform
Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
Socialist Systems and Transitional Economies: Performance and Prospects
Comparative Analysis of Economic Systems
- Thema
-
Transition economics
growth empirics
institutions
policy reform
Übergangswirtschaft
Institutionalismus
Wirtschaftswachstum
Auslandsinvestition
Theorie
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Moers, Luc
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Moers, Luc
- Tinbergen Institute
Entstanden
- 1999
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