Economics of Transition and Institutional Change最新文献

Remittances, Democracy and Government Spending in Pakistan 巴基斯坦的汇款、民主和政府支出

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-09-06 DOI: 10.1111/ecot.70011

Janesh Sami, Ridwan Mosharraf Hossain

{"title":"Remittances, Democracy and Government Spending in Pakistan","authors":"Janesh Sami, Ridwan Mosharraf Hossain","doi":"10.1111/ecot.70011","DOIUrl":"https://doi.org/10.1111/ecot.70011","url":null,"abstract":"<div>\u0000 \u0000 <p>Pakistan is one of the highest recipients of remittances in South Asia. However, the relationship between remittances and public finance has been unclear. This paper empirically examines the effects of remittances on government consumption spending, controlling for real GDP per capita, trade openness and democracy in Pakistan. Employing an autoregressive distributed lag (ARDL) modelling approach, we find evidence of a stable cointegrating relationship between government consumption spending, remittances, real GDP per capita, democracy and trade openness over the period 1976–2019. The long-run findings reveal that remittances, real GDP per capita and democracy positively impact government consumption spending, whereas trade openness negatively affects government consumption spending. Causality analysis not only reveals evidence of unidirectional causality from real GDP per capita and remittances to government consumption spending but also feedback causality between democracy and government consumption spending. We further investigate the transmission channels and find that remittances positively affect government consumption spending via the tax revenue channel.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"277-293"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147563759","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Pro-Market Economic Reforms and Resource Curse: Do Initial Conditions Matter? 亲市场经济改革与资源诅咒：初始条件重要吗？

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-08-14 DOI: 10.1111/ecot.70008

Isaac Amedanou, Kwamivi Mawuli Gomado

{"title":"Pro-Market Economic Reforms and Resource Curse: Do Initial Conditions Matter?","authors":"Isaac Amedanou, Kwamivi Mawuli Gomado","doi":"10.1111/ecot.70008","DOIUrl":"https://doi.org/10.1111/ecot.70008","url":null,"abstract":"<p>The quality of economic institutions plays a crucial role in enhancing a country's economic performance, leading international organisations to recommend pro-market institutional reforms as a strategy to support economic development. This paper investigates how the natural resource curse affects pro-market reforms, analysing a sample of 90 developed and developing economies from 1973 to 2014. Using the local projection method, we analyse the dynamics effects of pro-market policies following increases in natural resource rents. Our findings reveal that increasing in resource rents significantly hinder the implementation of pro-market reforms, with this negative effect becoming apparent in the first year and persisting into the short and medium terms. We further explore the nuances of these dynamics across various types of resources, identifying oil rents as particularly obstructive to reform efforts, whereas forest rents exhibit a transient positive effect in the initial years. Our analysis is bolstered by robustness checks and alternative specifications, reinforcing the conclusion that dependence on natural resource rents presents substantial challenges to the adoption of pro-market reforms, particularly in developing countries characterised by weaker institutions and economic vulnerabilities.</p>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"219-242"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecot.70008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147565797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Guns and Roses: Hard Power, Soft Power and Economic Growth 枪与玫瑰：硬实力、软实力与经济增长

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-11-05 DOI: 10.1111/ecot.70019

Serhan Cevik, Tales Padilha

{"title":"Guns and Roses: Hard Power, Soft Power and Economic Growth","authors":"Serhan Cevik, Tales Padilha","doi":"10.1111/ecot.70019","DOIUrl":"https://doi.org/10.1111/ecot.70019","url":null,"abstract":"<div>\u0000 \u0000 <p>Growth remains the holy grail of economics. Although our understanding of long-term growth dynamics has advanced considerably, the question of why some countries grow faster than others continues to be a critical area of empirical inquiry. This paper represents the first comprehensive attempt in literature to examine the relationship between hard power, soft power and economic growth across a broad panel of countries. Although previous research has explored the connection between military power and economic growth, the findings regarding this relationship remain inconclusive. Additionally, there is a notable gap in literature concerning the economic effects of soft power. To address this gap, we utilise the multidimensional Global Soft Power Index (GSPI) developed by Cevik and Padilha and apply a range of econometric methodologies to ensure a robust and granular analysis. Our findings indicate that soft power, as measured by the GSPI, exerts a statistically significant and positive impact on long-term economic growth. In contrast, military spending appears to have no significant effect and is negatively correlated with growth. Importantly, the economic influence of soft power is more pronounced in developing countries than in advanced economies. Disaggregating the GSPI reveals that certain dimensions—Commercial Prowess, Culture, Digital Footprint and Global Reach—have a stronger effect on growth than others, such as Education and Institutions, likely reflecting the slower-moving nature of the latter components. Overall, the results highlight the critical role of soft power in shaping growth trajectories, particularly in contexts where traditional growth drivers are less entrenched.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"411-420"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147563353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Guns and Roses: Hard Power, Soft Power and Economic Growth 枪与玫瑰：硬实力、软实力与经济增长

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-11-05 DOI: 10.1111/ecot.70019

Serhan Cevik, Tales Padilha

{"title":"Guns and Roses: Hard Power, Soft Power and Economic Growth","authors":"Serhan Cevik, Tales Padilha","doi":"10.1111/ecot.70019","DOIUrl":"https://doi.org/10.1111/ecot.70019","url":null,"abstract":"<div>\u0000 \u0000 <p>Growth remains the holy grail of economics. Although our understanding of long-term growth dynamics has advanced considerably, the question of why some countries grow faster than others continues to be a critical area of empirical inquiry. This paper represents the first comprehensive attempt in literature to examine the relationship between hard power, soft power and economic growth across a broad panel of countries. Although previous research has explored the connection between military power and economic growth, the findings regarding this relationship remain inconclusive. Additionally, there is a notable gap in literature concerning the economic effects of soft power. To address this gap, we utilise the multidimensional Global Soft Power Index (GSPI) developed by Cevik and Padilha and apply a range of econometric methodologies to ensure a robust and granular analysis. Our findings indicate that soft power, as measured by the GSPI, exerts a statistically significant and positive impact on long-term economic growth. In contrast, military spending appears to have no significant effect and is negatively correlated with growth. Importantly, the economic influence of soft power is more pronounced in developing countries than in advanced economies. Disaggregating the GSPI reveals that certain dimensions—Commercial Prowess, Culture, Digital Footprint and Global Reach—have a stronger effect on growth than others, such as Education and Institutions, likely reflecting the slower-moving nature of the latter components. Overall, the results highlight the critical role of soft power in shaping growth trajectories, particularly in contexts where traditional growth drivers are less entrenched.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"411-420"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147563354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Sectoral Adaptation and Strategic Resilience: The Impact of Sanctions on Russian Corporate Performance (2014–2021) 行业适应与战略弹性：制裁对俄罗斯企业绩效的影响（2014-2021）

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-10-06 DOI: 10.1111/ecot.70012

Eugene Nivorozhkin

引用次数: 0

A Revival of Conservative Ideology and the Projected Religious Landscape in Russia 保守意识形态的复兴和俄罗斯的宗教景观

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-11-01 DOI: 10.1111/ecot.70018

Alexander Skorobogatov

{"title":"A Revival of Conservative Ideology and the Projected Religious Landscape in Russia","authors":"Alexander Skorobogatov","doi":"10.1111/ecot.70018","DOIUrl":"https://doi.org/10.1111/ecot.70018","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper analyzes the dynamics of the public attitude towards religion using longitudinal data from Russian respondents. Applying Markov chains and regression analysis, we determine the relative success of religious groups in retaining and attracting members. Based on this information, we estimate and explain the projected religious composition of Russia. According to our results, the largest religion has already stabilised at its maximum level, the remaining religions should still grow, while the share of Non-believers should fall. The projected religious composition comes close to the composition under imperial rule. Coupled with the similarity of the current and imperial conservative ideologies and the regression results for measures of religious membership, this implies that the ongoing religious renaissance results from the state's religious policies which are motivated by a conservative ideology. Regression results suggest that these dynamics are driven by the support of the president in power and an exposure to official TV channels. A rational motivation including an opportunity to improve social status and overcome additions also contributes to religious membership statistics. This implication is in line with the data on the self-reported importance of religion in various groups. Larger religious groups tend to get more promotion from the state but less serious attitudes from their members, which suggests that entering these groups involves conformist motives.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"387-409"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147562139","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Trade Liberalisation and the Gender Wage Gap: Evidence From Pilot Free Trade Zones Policy Reform in China 贸易自由化与性别工资差距：来自中国自由贸易试验区政策改革的证据

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-10-16 DOI: 10.1111/ecot.70015

Xinxin Ma

{"title":"Trade Liberalisation and the Gender Wage Gap: Evidence From Pilot Free Trade Zones Policy Reform in China","authors":"Xinxin Ma","doi":"10.1111/ecot.70015","DOIUrl":"https://doi.org/10.1111/ecot.70015","url":null,"abstract":"<div>\u0000 \u0000 <p>Using national longitudinal survey data from the China Family Panel Studies spanning 2010 to 2018, this study conducts a quasi-natural experiment based on the pilot free trade zones (PFTZ) policy reform in China. The study examines the causal relationship between trade liberalisation and the gender wage gap (GWG) using a staggered difference-in-differences approach. Four conclusions emerge. First, the PFTZ policy increases wages for both men and women. However, the effect is larger for men than for women, suggesting that PFTZ policy expand the GWG. Second, the PFTZ policy's effect on wages is larger for the medium- than low- or high-wage groups. Third, the gender difference in the FTZ wage premium expands the overall GWG, whereas the gender disparity in the labour force allocation between FTZs and non-FTZs reduces the GWG. Finally, the gender difference in the FTZ wage premium expands the GWG in the low-, middle- and high-wage groups, and this effect is much more pronounced in the high-wage group. The gender disparity in the labour force allocation reduces the GWG in the medium-wage group, whereas it widens the GWG in the low- and high-wage groups.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 2","pages":"321-338"},"PeriodicalIF":1.3,"publicationDate":"2026-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147566480","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Institutionalisation and Institutional Evolution: A Model of Selecting Government Officials in Ancient China 制度化与制度演进：中国古代官吏选拔模式

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-10-24 DOI: 10.1111/ecot.70017

Haiwen Zhou

引用次数: 0

Sectoral Adaptation and Strategic Resilience: The Impact of Sanctions on Russian Corporate Performance (2014–2021) 行业适应与战略弹性：制裁对俄罗斯企业绩效的影响（2014-2021）

IF 1.3 4区经济学

Economics of Transition and Institutional Change Pub Date : 2026-03-02 Epub Date: 2025-10-06 DOI: 10.1111/ecot.70012

Eugene Nivorozhkin

引用次数: 0

Carbon-Based Public Finance: Debt-Alleviating Effects of a Carbon Tax in China 基于碳的公共财政：碳税在中国的债务缓解效应