The Importance of Institutional Quality for Economic Performance in Post-Soviet States

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F17%3A43913531" target="_blank" >RIV/62156489:43110/17:43913531 - isvavai.cz</a>
Result on the web
<a href="http://ocs.ef.jcu.cz/index.php/inproforum/INP2017/paper/viewFile/925/615" target="_blank" >http://ocs.ef.jcu.cz/index.php/inproforum/INP2017/paper/viewFile/925/615</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The Importance of Institutional Quality for Economic Performance in Post-Soviet States
Original language description
The new institutional economics explains the differences between poor and wealthy countries with institutions. Institutional quality creates the right conditions for long-term economic growth and higher economic performance. The purpose of this paper is to verify this assumption on a sample of post-soviet countries. Institutional quality is represented here by the concept of quality of governance according to the World Bank methodology, which allows a comprehensive assessment of the institutional environment. The results of panel regression with fixed effects confirm the theoretical assumption. Furthermore, they indicate the importance of political stability, government efficiency, the rule of law and the control of corruption.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 11th International Scientific Conference INPROFORUM
ISBN
978-80-7394-667-8
ISSN
2336-6788
e-ISSN
neuvedeno
Number of pages
6
Pages from-to
159-164
Publisher name
Jihočeská univerzita v Českých Budějovicích
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Nov 9, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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