Transition from Hybrid Regime to Democracy and Economic Performance: Case Studies of Croatia and Serbia

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910331" target="_blank" >RIV/62156489:43110/16:43910331 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Transition from Hybrid Regime to Democracy and Economic Performance: Case Studies of Croatia and Serbia
Original language description
The main aim of the paper is to explore whether the transition from hybrid regime to democracy is associated with higher economic performance in the context of post-socialist area. The paper is focused on two Balkan countries, namely Croatia and Serbia, which executed the change of the political regime at the turn of the 21st century. Recently developed Synthetic Control Method is used as the basic instrument, since this method enables comparison of real and counterfactual (synthetic) economic performance during the periods before (1991 to 1999/2000) and after (2000/2001 to 2014) the change of regime. Similar countries are necessary for computing of counterfactual values, therefore the paper uses countries classified as hybrid regimes for most of the observed period according to several independent sources. The findings indicate Croatian transition to democracy, which happened after the fall of the Tudjman regime, led to higher economic performance, whereas in the case of Serbia, the transition has not been successful.
Czech name
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Czech description
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of 14th International Scientific Conference: Economic Policy in the European Union Member Countries
ISBN
978-80-7510-210-2
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
399-407
Publisher name
Slezská univerzita v Opavě
Place of publication
Opava
Event location
Petrovice u Karviné
Event date
Sep 14, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000403638200042

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