{"title":"制度对经济发展的影响：发达国家和后共产主义国家","authors":"Ismatilla Mardanov","doi":"10.1080/10611991.2022.2147343","DOIUrl":null,"url":null,"abstract":"ABSTRACT The comparative causal effects of democracy and democratization on economic development in developed and post-communist nations (PCN) are the subject of the present study. The research question is, “Would democratization and established democracy cause economic development through economic institutions?” The instrumental variable estimation indicates that economic institutions created by their political systems (instrumental variables) had strong negative effects on economic growth in PCN. Political institutions were not instrumental variables in developed countries with their economic development. This fact indicates that only democratization, not established democracy, serves as an instrumental variable in economic development.","PeriodicalId":85345,"journal":{"name":"Problems of economic transition","volume":"63 1","pages":"444 - 468"},"PeriodicalIF":0.0000,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Effects of Institutions on Economic Development: Developed and Post-Communist Nations\",\"authors\":\"Ismatilla Mardanov\",\"doi\":\"10.1080/10611991.2022.2147343\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACT The comparative causal effects of democracy and democratization on economic development in developed and post-communist nations (PCN) are the subject of the present study. The research question is, “Would democratization and established democracy cause economic development through economic institutions?” The instrumental variable estimation indicates that economic institutions created by their political systems (instrumental variables) had strong negative effects on economic growth in PCN. Political institutions were not instrumental variables in developed countries with their economic development. This fact indicates that only democratization, not established democracy, serves as an instrumental variable in economic development.\",\"PeriodicalId\":85345,\"journal\":{\"name\":\"Problems of economic transition\",\"volume\":\"63 1\",\"pages\":\"444 - 468\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-09-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Problems of economic transition\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/10611991.2022.2147343\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Problems of economic transition","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10611991.2022.2147343","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Effects of Institutions on Economic Development: Developed and Post-Communist Nations
ABSTRACT The comparative causal effects of democracy and democratization on economic development in developed and post-communist nations (PCN) are the subject of the present study. The research question is, “Would democratization and established democracy cause economic development through economic institutions?” The instrumental variable estimation indicates that economic institutions created by their political systems (instrumental variables) had strong negative effects on economic growth in PCN. Political institutions were not instrumental variables in developed countries with their economic development. This fact indicates that only democratization, not established democracy, serves as an instrumental variable in economic development.
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