transition economies
Export Differentiation in Transition Economies
... number of follow up papers increasing the understanding of duration of trade. Besedeˇs (2008) shows a search cost model fits duration data well in that it can explain the preponderance of short and small valued ...
37
Foreign Direct Investment and Growth in Transition Economies
... Not all researchers are so sanguine with regard to the impact of FDI on growth prospects a host economy. Some authors such as Schoors et al. (2002) and Blomstrom et al. (1998) argue that at least in the initial stages of ...
41
Testing the Feldstein-Horioka Puzzle in Transition Economies
... In economies which are transited from central planning economy to market based economy, increased capital mobility and process of integration to European Union are the most important factors determining the ...
8
The dynamics of capital structure in transition economies
... This paper uses a dynamic unrestricted capital structure model to examine the determinants of the private companies’ target financial leverage and the speed of adjustment to it in two transition economies, ...
35
The Nature of Fiscal Crisis in Transition Economies
... It turns out that practically all mentioned in Fig. 1 countries have already reached the West European standards of the degree of fiscalism (OECD average expenditure level - 51%, while for the West European countries - ...
28
Central Bank Independence in Transition Economies
... in transition economies of Central Europe and former ...in transition countries by constructing two indices of legal ...transitional economies are at different stages of reforms and the ...
54
Developing stock markets in transition economies
... emerging economies. Rajan and Zingales (1996) have argued that in economies where inside finance is available, the contribution of financial intermediaries to economic development and growth may be ...
274
Currency crises in Russia and other transition economies
... affected transition economies was the one that broke out in Russia in August 1998: in a matter of days the exchange rate that retained stability during the preceding 3 years lost over 60% of its value – ...
29
Stabilization and growth in transition economies: The early experience
... 26 transition economies studied ...these economies, the decline in inflation and the return of positive growth within a few years has to be regarded as a major and striking ...
33
What Moves Capital to Transition Economies?
... The paucity of significant explanatory variables in the portfolio investment regression can be given several interpretations. Poor measurement may be a problem, both in the sense that some variables could be mismeasured ...
37
Dollarization in transition economies: Evidence and policy implications
... market economies, the use of foreign currencies (currency substitution) has been on the rise in the economies in transition in recent ...those transition economies where budget deficits ...
35
The Curse Of Natural Resources In The Transition Economies
... natural resource abundance on the relative price level of a country. According to theory, this relatively high price level should impose a drag on growth because it makes producers of manufactured goods incompetitive on ...
40
The Business Challenges Of Entrepreneurship In Transition Economies
... (PV) – measuring perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically- motivated violence and terrorism. 3. Government ...
29
The Curse Of Natural Resources In The Transition Economies
... tries: Economies that are richly endowed with natural resources tend to grow ...the transition economies of the former “Eastern Bloc”, a similar pattern can be ...of transition, output fell in ...
92
Effects of Privatization and Ownership in Transition Economies
... Compared to the D-M survey that found the effect of private ownership to be positive in CEE but insignificant in CIS, we hence find a strong positive effect of foreign ownership in both the CEE and CIS regions, and a ...
51
Law and Finance in Transition Economies
... in transition economies, especially not in the early days of ...in transition economies an effective legal regime for security interests in tangible assets appears to be of primary ...
45
Optimal regulatory design in banking in transition economies
... in transition banking can be considered as a compensation for risk ...in transition economies, where periods of economic growth have sometimes been interrupted by periods of ...
187
The Impact of Privatization in Transition Economies
... But widespread retained state ownership is not the only indication that privatization may not have ensured the establishment of effective corporate governance mechanisms in transition economies. The long ...
21
Stock Markets in Transition Economies
... many transition economies have made significant strides in improving—at least on the books—the legal environment for ...six transition economies (Azerbaijan, Croatia, Kyrgyz Republic, FYR ...
32
Impact of Fiscal Adjustment on Growth in Transition Economies
... the economies were in my sample, there is no private production function, as there is no private capital ...in transition economies. Once the transition economies have passed through an ...
35