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The political economy of reforms: Empirical evidence from post- communist transition in the 1990s

Byung-Yeon Kim and Jukka Pirttilä

Macroeconomics from University Library of Munich, Germany

Abstract: Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment. Both the ex post and ex ante political constraints of public support affect progress in economic reform, which in turn influences economic growth. The findings highlight that while economic reforms are needed to foster growth, they must be designed so that they do not undermine political support for reform.

Keywords: Political constraints; economic reform; transition; growth; dynamic panel models (search for similar items in EconPapers)
JEL-codes: C33 O11 P26 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2003-04-23
New Economics Papers: this item is included in nep-cwa, nep-dev, nep-eec, nep-his and nep-tra
Note: Type of Document - pdf; prepared on IBM PC ; to print on HP/PostScript/Franciscan monk; pages: 31 ; figures: included.
References: Add references at CitEc
Citations: View citations in EconPapers (5)

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https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0304/0304009.pdf (application/pdf)

Related works:
Working Paper: The Political Economy of Reforms: Empirical Evidence from Post-Communist Transition in the 1990s (2003) Downloads
Working Paper: The political economy of reforms: Empirical evidence from post-communist transition in the 1990s (2003) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0304009

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