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Assessment of Comparative Efficiency Based on Integral Index of Reforms: Evidence from Transcaucasian Republics

Samson Davoyan ; Yerevan State University, Armenia
Lusya Galoyan ; Armenian State University of Economics, Armenia
Knarik Ayvazyan ; Central Bank of Armenia, Armenian State University of Economics, Armenia
Roza Kurghinyan ; Armenian State University of Economics, Armenia

Sažetak

The main purpose of the research is to develop a new methodology, that will allow to create an Integral Index of Reforms, quantitatively assess various reforms that have been implemented for 2012-2017 in 66 countries of the world. In the article with the help of the Integral Index of Reforms, that contains 20 partial indexes, reforms in different areas have been measured. The Integral Index of Reforms was constructed based on principle component analysis; contribution of sub-indexes was defined through panel data regression. Based on this methodology various reforms have been assessed and analysed for 2012-2017 in three Transcaucasian Republics: Armenia, Georgia and Azerbaijan.

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Ključne riječi

Hrčak ID:

251005

URI

https://hrcak.srce.hr/251005

Datum izdavanja:

31.10.2019.

Posjeta: 433 *