Post-Soviet Trade and Institutional Quality: Subnational Evidence

Alexander Libman ()
Additional contact information
Alexander Libman: Ludwig Maximilian University of Munich

Spatial Economics=Prostranstvennaya Ekonomika, 2018, issue 3, 115-137

Abstract: The paper aims to investigate the impact of the dependence on the post-Soviet trade on the quality of economic institutions in the Russian subnational regions. For this purpose, it uses two approaches: it looks at how the effect of post-Soviet trade on growth changes over time (hypothesizing that if one observes the decline of this effect, the latter is more likely to be driven by the legacy of the Soviet economy and thus less conducive for the improvement of institutional quality) and at the correlation of post-Soviet trade and quantitative indicators of the quality of economic institutions. The results suggest that the post-Soviet trade is more likely to have a positive impact on the institutional change. Specifically, I find that regions of Russia with a larger share of the post-Soviet trade in the total international trade turnover, are characterized by persistently higher growth rates than other regions throughout the period of investigation (2001–2012). Furthermore, I find that the quantitative measures of the quality of economic institutions in the Russian regions exhibit, if any, a positive correlation with the share of the post-Soviet trade. The effect observed could be linked to the complexity of the regional economies and to the substantial presence of new market-based ties in the post-Soviet trade flows

Keywords: foreign trade; quality of institutions; post-Soviet space; Russian regions (search for similar items in EconPapers)
JEL-codes: F13 O17 R58 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.spatial-economics.com/images/spatial-ec ... 3.115-137.Libman.pdf (application/pdf)
http://spatial-economics.com/eng/arkhiv-nomerov/20 ... 71-SE-2018-3-115-137 (text/html)

Related works:
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:far:spaeco:y:2018:i:3:p:115-137

DOI: 10.14530/se.2018.3.115-137

Access Statistics for this article

Spatial Economics=Prostranstvennaya Ekonomika is currently edited by Pavel Minakir

More articles in Spatial Economics=Prostranstvennaya Ekonomika from Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia) Contact information at EDIRC.
Bibliographic data for series maintained by Sergey Rogov ().