Micro and Macro Determinants of Public Support for Market Reforms in Eastern Europe
Bernd Hayo ()
Development and Comp Systems from University Library of Munich, Germany
This paper looks at public support for the creation of a market economy in Eastern Europe. As a data base, the Central and Eastern Eurobarometers surveys are employed, covering up to 21 countries over a time period of 1990-96 and totalling more than 100000 observations on individuals. The development of support for market reforms is analysed over time and countries. Moreover, in a number of panel regressions, individual and macroeconomic determinants of support for reforms are studied. Apart from the influence of individual characteristics (age, gender, education, income), the only significant and robust aggregate effect is that those countries that are able to keep inflation low get more support for market reforms. Small government budget deficits may also help to strengthen support. Differences in employment, GDP per capita, openness, private sector share and microeconomic transition progress do not show robust effects on people's attitudes towards the creation of a market economy.
Keywords: Economic Reforms; Eastern Europe; Public Support; Transformation (search for similar items in EconPapers)
JEL-codes: O52 P1 P2 (search for similar items in EconPapers)
Pages: 31 pages
Note: Type of Document - pdf; to print on acrobat reader; pages: 31; figures: included
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Working Paper: Micro and macro determinants of public support for market reforms in Eastern Europe (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpdc:0004002
Access Statistics for this paper
More papers in Development and Comp Systems from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().