Post-Communist Economies最新文献

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Does the demographic dividend with human capital development yield an economic dividend? Evidence from Central Asia 人口红利与人力资本发展是否产生经济红利?来自中亚的证据
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2023-01-19 DOI: 10.1080/14631377.2022.2164782
Éva Berde, Muyassar Kurbanova
{"title":"Does the demographic dividend with human capital development yield an economic dividend? Evidence from Central Asia","authors":"Éva Berde, Muyassar Kurbanova","doi":"10.1080/14631377.2022.2164782","DOIUrl":"https://doi.org/10.1080/14631377.2022.2164782","url":null,"abstract":"ABSTRACT Both fertility and mortality rates are declining in the five Central Asian countries, so far resulting in an increasingly working-age population. The main question is whether these countries can benefit from this demographic transition while having different economic structures and diverse ethnicities. Our article shows the importance of demographic, economic, and human capital indicators and the influential role of governance indicators such as the Political Corruption Index and Egalitarian Democracy Index for economic growth. Based on the data from 1991 to 2018, the analysis has been conducted by employing fixed effect estimation with Driscoll-Kraay standard errors. The findings indicate that human capital with proper education and an appropriately absorbed labour force does have a more powerful effect on the demographic benefit. In addition, improving the quality of governance has a significant impact on economic growth.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"154 - 178"},"PeriodicalIF":2.2,"publicationDate":"2023-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44666626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 3
Entrepreneurship and local development in post-communist Central and Eastern Europe – new challenges are ahead: editorial 后共产主义中欧和东欧的创业和地方发展——新的挑战在前方:社论
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-11-17 DOI: 10.1080/14631377.2022.2104502
A. Efendic, M. Fritsch, T. Mickiewicz, Tomasz Skica
{"title":"Entrepreneurship and local development in post-communist Central and Eastern Europe – new challenges are ahead: editorial","authors":"A. Efendic, M. Fritsch, T. Mickiewicz, Tomasz Skica","doi":"10.1080/14631377.2022.2104502","DOIUrl":"https://doi.org/10.1080/14631377.2022.2104502","url":null,"abstract":"workshop entrepreneurship, local-level policy initiatives aimed at stimulating rigorous reviewing several (2022), in their paper entitled ‘The relationship between unemployment and entrepreneurship at the local level: the case of Poland’, investigate the impact of unemployment and employment rate on new firm registrations in the service sector in Poland. The results of their analysis indicate a pronounced relationship between rising unemployment and increasing numbers of new service businesses between 2003 and 2018. The authors conclude that there is a relatively pronounced role of necessity entrepreneurship in the service sector. At the same time, the authors do not identify a single mechanism for the impact of unemployment on new business entry across different parts of the service sector. Nevertheless, they show that those parts of the service sector that are highly concentrated (financial services) or provide public goods (education, healthcare) are less affected by rising unemployment as compared to other service businesses. This sectoral calibration of the unemployment–entrepreneurship link has useful policy implications at the local level.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"34 1","pages":"995 - 1000"},"PeriodicalIF":2.2,"publicationDate":"2022-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49024830","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Impact of Special Economic Zones on domestic market: Evidence from Russia 经济特区对国内市场的影响:来自俄罗斯的证据
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-11-08 DOI: 10.1080/14631377.2022.2138154
Evgeniya Dubinina
{"title":"Impact of Special Economic Zones on domestic market: Evidence from Russia","authors":"Evgeniya Dubinina","doi":"10.1080/14631377.2022.2138154","DOIUrl":"https://doi.org/10.1080/14631377.2022.2138154","url":null,"abstract":"ABSTRACT Place-based policies can be an effective instrument for governments to encourage the economic development of a country. A Special Economic Zone (SEZ) is a place-based policy aimed at attracting FDI, employment growth, and supporting new economic reforms. In addition, for emerging economies an SEZ could be a potential catalyst for development; foreign investors can have a drastic impact on the productivity of domestic firms, revenues, and market shares through the implementation of new technologies and the creation of new firms. However, the effects of SEZs on the domestic market at the firm level are largely understudied. In this research, I leverage the large-scale SEZ policy implemented by the Russian government in 2005 that aims to attract foreign investors to specific parts of the country by offering tax relief. The primary objective of this research is to quantify the effects of the Russian SEZ policy on local firms. To examine the effects, I use the generalised Difference-in-Difference methodology and apply it to a panel of firms in Russia for the 2006–2019 period. The data includes time-varying SEZ treatment on firms, firm characteristics, and accounting data. The primary outcome variables of interest are revenues, profits, and total factor productivity. The research findings could contribute to the urban economic literature on place-based policies and may be helpful to policymakers in determining the effectiveness of SEZ place-based policies.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"82 - 99"},"PeriodicalIF":2.2,"publicationDate":"2022-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43197478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Reflections on FDI in an post-communist country in the context of EU membership: retrospectives and prospects 欧盟成员国背景下后共产主义国家外国直接投资的反思:回顾与展望
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-11-08 DOI: 10.1080/14631377.2022.2137325
Marta A. Götz, B. Jankowska, Zakaria Talouni
{"title":"Reflections on FDI in an post-communist country in the context of EU membership: retrospectives and prospects","authors":"Marta A. Götz, B. Jankowska, Zakaria Talouni","doi":"10.1080/14631377.2022.2137325","DOIUrl":"https://doi.org/10.1080/14631377.2022.2137325","url":null,"abstract":"ABSTRACT Participation of a country in the European Union and hence the participation in the European single market, have obvious consequences for capital flows, including those in the most advanced form, i.e. foreign direct investment. Foreign direct investment is considered one of the major incentives of economic integration. Thus, this study reflects on the impact of EU membership on FDI inflows to Poland as an EU member and signals key priorities for further integration. The theoretical foundation of the study resides in the theses of the new theory of economic integration and the investment development path theory. The paper employs the descriptive approach and inductive reasoning. We highlight the benefits resulting from the position of Poland on the investment development path and indicate possible associated threats. Moreover, we discuss retrospective reflections, some of the prospects, and possible directions of action recommended to optimise the future benefits of hosting foreign investors.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"134 - 153"},"PeriodicalIF":2.2,"publicationDate":"2022-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42790032","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 1
Small business in Russia: institutions, market potential, taxes and digitalization 俄罗斯的小企业:机构、市场潜力、税收和数字化
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-10-18 DOI: 10.1080/14631377.2022.2108244
Stepan Zemtsov, Y. Tsareva, V. Barinova, M. Belitski, Alexander N. Krasnoselskikh
{"title":"Small business in Russia: institutions, market potential, taxes and digitalization","authors":"Stepan Zemtsov, Y. Tsareva, V. Barinova, M. Belitski, Alexander N. Krasnoselskikh","doi":"10.1080/14631377.2022.2108244","DOIUrl":"https://doi.org/10.1080/14631377.2022.2108244","url":null,"abstract":"ABSTRACT In this paper we use an institutional approach and apply a regional perspective to explore how market potential, formal institutions, taxes, access to finance, regional policy instruments, and digitalization have affected small business activity in 83 Russian regions during 2008–2018. We use various regional data sources and official statistics to study the effects of regional business environments on entrepreneurship. Our results suggest that Russia’s business environment, including policy measures in taxation, is important in explaining small business activity, however digital transformation and the role of market potential can be better controlled by entrepreneurs in terms of what skills to learn and where to locate their businesses. In addition, we discuss the effect of exogenous shocks and changes in the business environment, along with dynamics, challenges, and perspectives of entrepreneurship in Russia.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"34 1","pages":"1029 - 1053"},"PeriodicalIF":2.2,"publicationDate":"2022-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47416910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 2
How do economic activities spur the COVID-19 pandemic in Russia? A dynamic panel data analysis 经济活动如何刺激俄罗斯的COVID-19大流行?动态面板数据分析
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-09-15 DOI: 10.1080/14631377.2022.2104508
I. Iwasaki
{"title":"How do economic activities spur the COVID-19 pandemic in Russia? A dynamic panel data analysis","authors":"I. Iwasaki","doi":"10.1080/14631377.2022.2104508","DOIUrl":"https://doi.org/10.1080/14631377.2022.2104508","url":null,"abstract":"ABSTRACT Russia is one of the few countries in the world that has opted for almost no policy measures involving the strong suppression of economic activity in the face of the epidemic disaster brought about by the new coronavirus (COVID-19). This makes Russia a valuable subject of social experiments through which the association between economic activity and the spread of the virus can be explored. This paper presents a dynamic panel data analysis to examine the extent to which different types of economic activity contribute to the spread of COVID-19 infection using monthly and quarterly panel data of Russian regions between March 2020 and April 2021. The results strongly supported our expectation that economic activities have a greater impact on the levels of COVID-19 transmission when they involve a larger number of inhabitants or stimulate greater consumption or social activities among citizens. It was also revealed that Russian regions vary greatly in terms of the routes that link economic activity to the spread of COVID-19. These results have important policy implications for current and future epidemic control.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"59 - 81"},"PeriodicalIF":2.2,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48927891","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 1
Deindustrialisation in post-Soviet economies: premature deindustrialisation, Dutch disease, human capital, and institutions 后苏联经济体的去工业化:过早的去工业化、荷兰疾病、人力资本和制度
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-09-01 DOI: 10.1080/14631377.2022.2104504
Hiroyuki Taguchi, Elbek Erkin Ugli Abdullaev
{"title":"Deindustrialisation in post-Soviet economies: premature deindustrialisation, Dutch disease, human capital, and institutions","authors":"Hiroyuki Taguchi, Elbek Erkin Ugli Abdullaev","doi":"10.1080/14631377.2022.2104504","DOIUrl":"https://doi.org/10.1080/14631377.2022.2104504","url":null,"abstract":"ABSTRACT This study examines deindustrialisation in 15 post-Soviet economies by investigating the country-specific fixed effect in the relationships among manufacturing, population, and income and the factors contributing to deindustrialisation in terms of the premature deindustrialisation hypothesis. The fixed-effect estimation suggests deindustrialisation in the ten middle-income post-Soviet countries due to their comparative disadvantages in manufacturing as the overall contributor, with the lack of human capital, the Dutch Disease effect (mainly in Azerbaijan, Kazakhstan, the Russian Federation, and Uzbekistan), and immature institutions (mainly in Kyrgyz, Tajikistan, Ukraine, and Uzbekistan) as sub-factors that explain deindustrialisation in these countries based on factor analyses.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"101 - 121"},"PeriodicalIF":2.2,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47047193","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Breakdown: what went wrong with deposit insurance in Russia 细分:俄罗斯存款保险出了什么问题
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-08-18 DOI: 10.1080/14631377.2022.2104506
A. Vernikov
{"title":"Breakdown: what went wrong with deposit insurance in Russia","authors":"A. Vernikov","doi":"10.1080/14631377.2022.2104506","DOIUrl":"https://doi.org/10.1080/14631377.2022.2104506","url":null,"abstract":"ABSTRACT The paper examines the Russian experience with explicit deposit guarantee. Some of its effects, such as moral hazard, adverse selection, and erosion of discipline, are typical and well-researched by previous authors. The social cost of having this institution in Russia turned out to be abnormally high, while the results in terms of bank stability are questionable. More than half of the insurance system members have gone out of business in a matter of just fifteen years. I examine the inception of deposit insurance in Russia, its design, implementation and political economy, using various theoretical approaches and combining qualitative with quantitative evidence. I argue that explicit deposit guarantee by a government agency was a priori redundant, in view of the extraordinary role of state-owned banks. The new institution was used as a tool for structural change and competition enhancement, which I regard as misuse. Deposit guarantee was enacted prematurely, before other essential institutions of bank regulation were in place. The political economy of deposit insurance reveals the political system’s vulnerability to uncontained pressure from private special interests demanding public protection. The new institution was captured by interest groups and exploited for private benefit. The evidence from Russia might be relevant to other emerging market countries.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"41 - 58"},"PeriodicalIF":2.2,"publicationDate":"2022-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44329190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 1
Defending business interests in Russia: collective action and social investments as bargaining chips 捍卫俄罗斯的商业利益:集体行动和社会投资作为谈判筹码
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-08-17 DOI: 10.1080/14631377.2022.2104505
Stanislav Klimovich, Sabine Kropp, U. Pape
{"title":"Defending business interests in Russia: collective action and social investments as bargaining chips","authors":"Stanislav Klimovich, Sabine Kropp, U. Pape","doi":"10.1080/14631377.2022.2104505","DOIUrl":"https://doi.org/10.1080/14631377.2022.2104505","url":null,"abstract":"ABSTRACT The collective organization of business interests in Russia is commonly considered weak. In some cases, however, business associations have succeeded in representing interests vis-à-vis the state. This article analyses an illustrative case of state–business negotiations regarding an extra profit tax for several chemical and metallurgical companies, proposed by the presidential administration in August 2018. Based on a case study involving media and interview data, the study examines the role of collective action under the auspices of the ‘Russian Union of Industrialists and Entrepreneurs’ (RUIE) in defending business interests. It identifies the necessary conditions under which collective action was effective in this specific case, and critically discusses the possible contingency of the given constellation in light of inherently asymmetrical relations between state and business actors. Furthermore, the article develops an analytical framework with which business associations and their lobbying activities under authoritarian capitalism can be analysed beyond the Russian case.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"17 - 40"},"PeriodicalIF":2.2,"publicationDate":"2022-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42537352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 1
A business-cycle model with money and banking: the case of Bulgaria (1999–2018) 货币和银行业的商业周期模型:保加利亚的案例(1999-2018)
IF 2.2 3区 经济学
Post-Communist Economies Pub Date : 2022-08-16 DOI: 10.1080/14631377.2022.2106922
Aleksandar Vasilev
{"title":"A business-cycle model with money and banking: the case of Bulgaria (1999–2018)","authors":"Aleksandar Vasilev","doi":"10.1080/14631377.2022.2106922","DOIUrl":"https://doi.org/10.1080/14631377.2022.2106922","url":null,"abstract":"ABSTRACT We augment an otherwise standard business cycle model with a richer government sector and add modified cash in advance (CIA) and deposit considerations. In particular, both the cash in advance- and deposit constraints of in earlier work are extended to include private investment and government consumption. Also, part of the purchases are made using credit. This specification is then calibrated to Bulgarian data after the introduction of the currency board (1999–2020), gives a role to money and costly credit in accentuating economic fluctuations. In particular, the modified CIA constraint combines monetary with banking theory, and thus produces a novel mechanism that allows the framework to reproduce better observed variability and correlations among model variables, and those characterising the labour market in particular.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":"35 1","pages":"122 - 133"},"PeriodicalIF":2.2,"publicationDate":"2022-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49093317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
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