The political economy of reforms: Empirical evidence from post-communist transition in the 1990s

Byung-Yeon Kim and Jukka Pirttilä

No 4/2003, BOFIT Discussion Papers from Bank of Finland Institute for Emerging Economies (BOFIT)

Abstract: Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth.A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment.Both the ex post and ex ante political constraints of public support affect progress in economic reform, which in turn influences economic growth.The findings highlight that while economic reforms are needed to foster growth, they must be designed so that they do not undermine political support for reform.

Keywords: Political constraints; economic reform; transition; growth; dynamic panel models (search for similar items in EconPapers)
JEL-codes: C33 O11 P26 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: The Political Economy of Reforms: Empirical Evidence from Post-Communist Transition in the 1990s (2003)
Working Paper: The political economy of reforms: Empirical evidence from post- communist transition in the 1990s (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:bofitp:bdp2003_004

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