Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions

Irina Denisova, Markus Eller, Timothy Frye and Ekaterina Zhuravskaya

No w0127, Working Papers from Center for Economic and Financial Research (CEFIR)

Abstract: Using survey data from 28 transition countries, we test for the complementarity and substitutability of market-relevant skills and institutions. We show that democracy and good governance complement market skills in transition economies. Under autocracy and weak governance institutions there is no significant difference in support for revising privatization between high and low-skilled respondents. As the level of democracy and the quality of governance increases, the difference in the level of support for revising privatization between the high and low skilled grows dramatically. This finding contributes to our understanding of microfoundations of the politics of economic reform.

Pages: 46 pages
Date: 2009-04
New Economics Papers: this item is included in nep-lab and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34)

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http://www.cefir.ru/papers/WP127.pdf (application/pdf)

Related works:
Journal Article: Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions (2009)
Working Paper: Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions (2009)
Working Paper: Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions (2009)
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