On Democratization and Economic Conditions in Eastern Europe
Bernd Hayo ()
Development and Comp Systems from University Library of Munich, Germany
The paper empirically investigates whether people's attitude towards the progress in political transformation in Eastern Europe are influenced by economic factors. Thereby it addresses the question of independence between economic and political system. Using a large panel data set, containing about 68000 observations on individuals from 19 countries over 6 years, this question is analyzed in the framework of an appropriately adjusted ordered logit model. It is found that both subjective and objective personal economic experiences, such as the development of the financial situation of the household or its position in the income distribution, as well as objective aggregate data, such as inflation or the private sector share, have a significant influence on people's opinion with respect to progress in democratization. Thus, studies on transition countries should take into account that there appear to be important spill-overs from people's economic experience to their assessment of progress in transforming the political system.
Keywords: Eastern Europe; Political Economy; Democracy; Transformation (search for similar items in EconPapers)
JEL-codes: D72 P26 O52 (search for similar items in EconPapers)
Pages: 18 pages
New Economics Papers: this item is included in nep-dcm, nep-dev and nep-pke
Note: Type of Document - ; pages: 18; figures: included
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
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:0106001
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 ().