Mind the break! Accounting for changing patterns of growth during transition

Jan Fidrmuc and Ariane Tichit ()

Economic Systems, 2009, vol. 33, issue 2, 138-154

Abstract: We argue that econometric analyses of post-communist countries are vulnerable to structural breaks across time and/or countries. We demonstrate this by identifying structural breaks in growth regressions estimated for 25 countries over 18 years. The method we use allows identification of structural breaks at a priori unknown points in space or time. The only prior assumption is that breaks occur in relation to progress in implementing market-oriented reforms. We find that the pattern of growth in transition has changed at least three times, yielding four different models of growth. The speed with which individual countries progress through these stages differs considerably.

Keywords: Growth; Reform; Structural; breaks; Transition (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0939-3625(09)00014-4
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2009)
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2008)
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2007)
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2007)
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2007)
Working Paper: Mind the Break! Accounting for Changing Patterns of Growth during Transition (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecosys:v:33:y:2009:i:2:p:138-154

Access Statistics for this article

Economic Systems is currently edited by R. Frensch

More articles in Economic Systems from Elsevier Contact information at EDIRC.
Bibliographic data for series maintained by Catherine Liu ().