Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28389
Authors: 
Belke, Ansgar
Bordon, Ingo G.
Melnykovska, Inna
Schweickert, Rainer
Year of Publication: 
2009
Series/Report no.: 
Kiel Working Paper 1562
Abstract: 
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and NATO clearly matter for institutional development. In addition, path-dependency determined by cultural norms may be overcome by economic liberalization while foreign aid seems to hamper institutional development.
Subjects: 
EU
NATO
Transition Economies
Institutional Change
Governance
JEL: 
F15
F20
F50
P20
P30
O19
Document Type: 
Working Paper

Files in This Item:
File
Size
317.48 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.