Institutional Change and Governance Indexes in Transition Economies: the case of Poland

In the former communist countries, institutional change, i.e. transition towards market economy, is affected not only by introduction of law and formal institutions (change "by design"), but also by social norms, old values and habits (informal institutions). I present an empirical paper f...

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Main Author: Pasquale Tridico
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2006-12-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://eaces.liuc.it/18242979200602/182429792006030203.pdf
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author Pasquale Tridico
author_facet Pasquale Tridico
author_sort Pasquale Tridico
collection DOAJ
description In the former communist countries, institutional change, i.e. transition towards market economy, is affected not only by introduction of law and formal institutions (change "by design"), but also by social norms, old values and habits (informal institutions). I present an empirical paper focusing on transition of the Polish Economy. I used a questionnaire which was administered to a sample of about 1000 Polish firms in order to verify the impact of economic institutions on the "residual productivity". Throughout the questionnaire I built six governance indexes. Then I tested the impact of the governance indexes on the productivity of firms. I observed that the economic performance of the eastern regions of Poland, where governance indexes are worse than western, are poorer than that of the western regions of Poland
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spelling doaj.art-38bb26a6f774442b8832f42ecc02c7692022-12-21T17:57:00ZengUniversità Carlo Cattaneo LIUCThe European Journal of Comparative Economics1824-29792006-12-0132197238Institutional Change and Governance Indexes in Transition Economies: the case of PolandPasquale TridicoIn the former communist countries, institutional change, i.e. transition towards market economy, is affected not only by introduction of law and formal institutions (change "by design"), but also by social norms, old values and habits (informal institutions). I present an empirical paper focusing on transition of the Polish Economy. I used a questionnaire which was administered to a sample of about 1000 Polish firms in order to verify the impact of economic institutions on the "residual productivity". Throughout the questionnaire I built six governance indexes. Then I tested the impact of the governance indexes on the productivity of firms. I observed that the economic performance of the eastern regions of Poland, where governance indexes are worse than western, are poorer than that of the western regions of Polandhttp://eaces.liuc.it/18242979200602/182429792006030203.pdfformal and informal economic institutionstrusttransition economicsgovernance indexesproductivity
spellingShingle Pasquale Tridico
Institutional Change and Governance Indexes in Transition Economies: the case of Poland
The European Journal of Comparative Economics
formal and informal economic institutions
trust
transition economics
governance indexes
productivity
title Institutional Change and Governance Indexes in Transition Economies: the case of Poland
title_full Institutional Change and Governance Indexes in Transition Economies: the case of Poland
title_fullStr Institutional Change and Governance Indexes in Transition Economies: the case of Poland
title_full_unstemmed Institutional Change and Governance Indexes in Transition Economies: the case of Poland
title_short Institutional Change and Governance Indexes in Transition Economies: the case of Poland
title_sort institutional change and governance indexes in transition economies the case of poland
topic formal and informal economic institutions
trust
transition economics
governance indexes
productivity
url http://eaces.liuc.it/18242979200602/182429792006030203.pdf
work_keys_str_mv AT pasqualetridico institutionalchangeandgovernanceindexesintransitioneconomiesthecaseofpoland