Economic Reform, Democracy and Growth During Post-Communist Transition
dc.contributor.author | Fidrmuc, Jan | en_US |
dc.date.accessioned | 2006-08-01T15:49:57Z | |
dc.date.available | 2006-08-01T15:49:57Z | |
dc.date.issued | 2001-03-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2001-372 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/39756 | en_US |
dc.description.abstract | This paper explores interactions between growth, economic liberalization and democratization during transition. The results can be summarized as follows: (1) Liberalization has a strong positive effect on growth during transition (also when controlling for endogeneity of liberalization in growth). (2) Democracy facilitates economic liberalization. (3) Because of its effect on liberalization, democracy has a positive overall effect on growth. Nevertheless, the marginal effect of democracy (after controlling for progress in economic liberalization) is negative during early transition. (4) The progress in democratization in turn depends on past economic performance in a surprising manner-the relationship between past growth and subsequent democracy appears negative. (5) Economic performance is an important determinant of electoral outcomes and, in particular, of support for reforms. | en_US |
dc.format.extent | 102843 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 262671 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 372 | en_US |
dc.subject | Democracy, LIberalization, Economic Performance and Elections | en_US |
dc.subject.other | E63, O11, P26, P27 | en_US |
dc.title | Economic Reform, Democracy and Growth During Post-Communist Transition | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/39756/3/wp372.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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