Economic growth and quality of institutions in 27 postsocialist economies

PurposeThe relationship between institutional quality and economic growth is revisited.Design/methodology/approachA panel cointegration methodology and causality analysis are applied to 27 postsocialist economies over the period from 1996 to 2016.FindingsUtilizing the Worldwide Governance Indicators...

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Bibliographic Details
Published in:Journal of economic studies (Bradford) 2020-08, Vol.47 (4), p.769-787
Main Authors: Alexiou, Constantinos, Vogiazas, Sofoklis, Solovev, Nikita
Format: Article
Language:English
Subjects:
Accountability
Causality
Corruption
Economic analysis
Economic development
Economic growth
Economic reform
Economics
Endowment
GDP
Governance
Gross Domestic Product
Growth models
Human capital
Hypotheses
Institutions
Liberalization
Per capita
Political systems
Politics
Postcommunist societies
Privatization
Property rights
Rent-seeking
Research methodology
Rule of law
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