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The great divide revisitedValentina Dimitrova-Grajzl, 2007, original scientific article
Abstract: The former socialist countries of South East and Central Europe exhibit great variation in institutional quality. Unlike the sparse existing literature, I claim that the variation can be explained by the legacies of the Ottoman and Habsburg Empires. I identify historical legacies of the Empires, which have affected the current institutional quality of the successor states. I show empirically that the Empires' legacies are key determinants of institutional quality, and that the Habsburg successors have institutions that are more efficient in a market economy than the Ottoman successors. In contrast, I findan insignificant effect of socialism on institutional quality.
Keywords: transition, institutions, path dependence, Ottoman Empire, Habsburg Empire
Published in RUP: 15.10.2013; Views: 3296; Downloads: 24
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