Mind the Break! Accounting for Changing Patterns of Growth during Transition

Jan Fidrmuc and Ariane Tichit ()

William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: We argue that econometric analyses based on transition countries’ data can be vulnerable to structural breaks across time and/or countries. We demonstrate this argument by identifying structural breaks in growth regressions estimated with data for 25 countries and 12 years. Our method 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 robust evidence that the pattern of growth in transition has changed at least two times, yielding thus three different models of growth associated with different stages of reform. The speed with which individual countries progress through these stages differs dramatically, however.

Keywords: Growth; reform; structural breaks; transition (search for similar items in EconPapers)
JEL-codes: O47 P26 P27 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2004-01-01
New Economics Papers: this item is included in nep-dev, nep-mfd and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp643.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp643.pdf [302 Found]--> https://wdi.umich.edu/files/Publications/WorkingPapers/wp643.pdf)

Related works:
Journal Article: 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 (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)
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:wdi:papers:2004-643

Access Statistics for this paper

More papers in William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109. Contact information at EDIRC.
Bibliographic data for series maintained by WDI ().