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Economic Growth and Countries in Transition

Andrea Mervar

Sažetak

The purpose of this paper is to reexamine the results of earlier empirical studies on economic growth in transition economies by implementing panel regression analysis on an extended data set Furthermore, the analysis stresses the need for differing among various groups of transition countries as well as between the periods of fall and recovery of economic activity. After the dominant influence of "transition" factors, such as structural reforms, macroeconomic stability and initial conditions in the early transition years, increasing importance in explaining economic activity during later years is attributed to the openness of economy as well as indicators of institutional development.

Ključne riječi

Hrčak ID:

18615

URI

https://hrcak.srce.hr/18615

Datum izdavanja:

15.10.2002.

Podaci na drugim jezicima: hrvatski

Posjeta: 7.229 *