| Title: | The great divide revisited |
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| Authors: | ID Dimitrova-Grajzl, Valentina (Author) |
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| Files: |  http://papers.ssrn.com/sol3/papers.cfm/abstract_id=1024610
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| Language: | English |
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| Work type: | Not categorized |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: | UPR - University of Primorska
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| 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. |
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| Keywords: | transition, institutions, path dependence, Ottoman Empire, Habsburg Empire |
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| Year of publishing: | 2007 |
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| Number of pages: | str. 539-558 |
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| Numbering: | Vol. 60, Is. 4 |
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| PID: | 20.500.12556/RUP-663  |
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| ISSN: | 0023-5962 |
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| UDC: | 330:94 |
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| COBISS.SI-ID: | 3069911 |
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| Publication date in RUP: | 15.10.2013 |
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| Views: | 5342 |
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| Downloads: | 27 |
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| Metadata: |    |
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