Shuhrat Yarashov, Nadezhda V. Baryshnikova, Jakhongir Kakhkharov
{"title":"Militarisation and Fertility: Evidence From Post-Soviet Societies and the Russia–Ukraine Conflict","authors":"Shuhrat Yarashov, Nadezhda V. Baryshnikova, Jakhongir Kakhkharov","doi":"10.1111/ecot.70023","DOIUrl":"https://doi.org/10.1111/ecot.70023","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the demographic consequences of militarisation in transition economies by analysing the effect of armed forces size on fertility rates across 15 post-Soviet countries from 1992 to 2022. Using panel fixed effects and two-stage least squares (FE-2SLS) with U.S. military aid as an instrument, we find that military expansion exerts a significant negative impact on fertility. Mediation analysis suggests that societal anxiety serves as a key channel. A case study of Russia highlights how sanctions and conflict further accelerate fertility decline. The findings underscore how institutional legacies of conscription shape demographic outcomes in transitional settings.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"423-444"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153202","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}
Gislain Stéphane Gandjon Fankem, Joseph Sylvain Parfait Nyamsi
{"title":"Quantile Regression Analysis of the Impact of Conflict Types on Trade Openness in Africa","authors":"Gislain Stéphane Gandjon Fankem, Joseph Sylvain Parfait Nyamsi","doi":"10.1111/ecot.70026","DOIUrl":"https://doi.org/10.1111/ecot.70026","url":null,"abstract":"<div>\u0000 \u0000 <p>Previous studies fail to consider the importance of heterogeneity in the relationship between conflict and trade openness. In this paper, we fill this gap by using quantile regression to analyse the impact of conflict types (internal, external and global) on trade openness (de jure and de facto) in African countries over the period 1984–2017. The quantile regression approach thus enables us to identify the different responses of trade openness to conflicts at different levels of the conditional distribution of trade openness. Overall, our results show that conflicts reduce trade openness, and the impact is greater in countries with a low degree of openness. In particular, the effect of conflict types is negative, and its magnitude decreases as the level of de facto trade openness increases. On the other hand, this negative effect remains stable over the entire conditional distribution of de jure trade openness. Our results do not depend on the choice of conflict and trade openness indicators used. They suggest that countries with the lowest levels of openness are the most affected by conflict.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"531-548"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153523","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}
{"title":"Land Reforms in Cuba: First Empirical Assessment on Productivity Using Crop-Level Panel Data","authors":"Yoshihiko Hashiguchi, Yoshimichi Murakami","doi":"10.1111/ecot.70030","DOIUrl":"https://doi.org/10.1111/ecot.70030","url":null,"abstract":"<p>Land reforms implemented in Cuba since 2008 have aimed to increase agricultural production by distributing state-owned idle lands with land-use rights. The reforms restricted farmers with the rights from cultivating perennial and capital-intensive crops. Thus, the reforms are expected to affect the productivity of annual crops, excluding capital-intensive crops. We exploit the exogenous restrictions to empirically analyse the impact of the reforms on agricultural productivity using the difference-in-differences method based on crop-level panel data in the nonstate sector. Our findings indicate that the 2008 reform improved the productivity of annual crops, although we noted no significant impact of the 2012 reform.</p>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"573-585"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecot.70030","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153234","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}
{"title":"Institutional Openness and Corporate Uncertainty Perception—Insights From Free Trade Zones in China","authors":"Jiaxin Gao, Shi Chen, Yixiong Huang, Dongzi Pan","doi":"10.1111/ecot.70025","DOIUrl":"https://doi.org/10.1111/ecot.70025","url":null,"abstract":"<div>\u0000 \u0000 <p>The supply chain risks associated with globalisation have been continuously increasing, leading to greater uncertainty for firms. Based on a staggered difference-in-differences (DID) model and the panel data from China's A-share listed companies from 2006 to 2022, this paper examines the impact of institutional openness policies, by the establishment of Free Trade Zones (FTZs) as a quasi-natural experiment, on corporate perceptions of economic uncertainty (CPEU). The results show that institutional openness significantly reduces CPEU. This finding remains robust after conducting parallel trend test, IV test, placebo test, PSM-DID, other estimation methods, and alternative dependent variable checks. Heterogeneity analysis reveals that large-scale, private, and capital-intensive firms are more sensitive to FTZs, with a notable reduction in CPEU. Besides, firms in underdeveloped regions are more likely to be affected by FTZs. Mechanism tests indicate that FTZs primarily decrease CPEU by easing financing constraints, promoting digital transition, and improving the business environment. In the face of globalisation and industrialisation, China's institutional openness policies play a crucial role in promoting sustainable regional economic development and enhancing international competitiveness, serving as an important model for developing countries to advance institutional reforms.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"499-516"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153239","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}
{"title":"Chasing the Dream: Industry-Level Productivity Developments in Europe","authors":"Serhan Cevik, Sadhna Naik, Keyra Primus","doi":"10.1111/ecot.70021","DOIUrl":"https://doi.org/10.1111/ecot.70021","url":null,"abstract":"<div>\u0000 \u0000 <p>European countries continue to lag in productivity growth, with significant disparities across industries. This study utilises harmonised industry-level data to examine the patterns and drivers of total factor productivity (TFP) growth across 28 European countries from 1995 to 2020. The empirical analysis yields four key insights. First, TFP growth is strongly influenced by the extent to which countries engage in scientific and technological innovation, either as pioneers or as recipients of knowledge spillovers. Second, closing the technological gap is critical: Countries that converge towards the technological frontier by adopting new innovations tend to achieve greater productivity gains. Third, increased investment in information and communications technology (ICT) capital and research and development (R&D) significantly contributes to higher TFP growth. Finally, the role of human capital becomes more pronounced in countries closer to the technological frontier. These findings underscore the importance of policy interventions and structural reforms that promote innovation and facilitate the diffusion of both emerging and established technologies.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"587-604"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153481","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}
{"title":"The Effect of Universal Health Care on the Out-of-Pocket Health Expenditures: Evidence From a Natural Experiment","authors":"Muhammad Asali, Valida Pantsulaia","doi":"10.1111/ecot.70024","DOIUrl":"https://doi.org/10.1111/ecot.70024","url":null,"abstract":"<div>\u0000 \u0000 <p>In the first two quarters of 2013, the Georgian government introduced and fully implemented a universal health care (UHC) programme covering all those not yet publicly or privately insured. Using panel estimation methods and difference-in-differences estimation with synthetic treatment and control groups, we estimate the effect of the UHC programme on the level of out-of-pocket (OOP) health expenditures of households. The programme saved households an economically and statistically significant monthly amount of 105 Georgian Laris (64 USD then) per household, amounting to approximately 16% of the average household monthly income at the time. The reduction in OOP payments is almost entirely attributed to people utilising essential, emergency, and life-saving health services. About half of the resulting increase in household disposable income has been rechannelled to other non-health expenditures such as transportation, education, clothing, and other household items. All in all, the UHC programme is hypothesised to have improved the overall health status and the quality of life in the country.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"459-473"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153203","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}
{"title":"Armed Conflict and Firm Performance: Evidence From the 2008 Georgia-Russia Conflict","authors":"Helena Schweiger","doi":"10.1111/ecot.70022","DOIUrl":"https://doi.org/10.1111/ecot.70022","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper examines how a brief armed conflict affects firm performance and survival, using evidence from Georgia following the August 2008 war. Combining firm-level survey data with geolocated information on conflict events, military installations and bank branches, the analysis reveals heterogeneous firm responses. In the short run, firms located near conflict events experienced smaller declines in sales and sales per permanent, full-time employee than nonexposed firms, despite substantial losses among young firms and exporters closest to the bombing. By 2011, surviving exposed firms outperformed nonexposed survivors in sales and labour productivity. At the same time, local armed conflict exposure increased firm exit, particularly among exporters, pointing to selective exit, reduced competition and transport disruptions as mechanisms driving the results.</p>\u0000 </div>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"34 3","pages":"549-571"},"PeriodicalIF":1.3,"publicationDate":"2026-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148153249","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}
{"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}
{"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}
{"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}