Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions

Datos Bibliográficos

ID3428554
AutoresIrina Denisova (0000-0002-4179-0390, New Economic School), Markus Eller (National Bank of Austria), Timothy Frye (0000-0001-8633-2046, National Research University Higher School of Economics), Ekaterina Zhuravskaya (0000-0002-3496-2086, Paris School of Economics)
Año2009
Volumen103
Número2
Páginas284-304
Fecha de publicación2009-05-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaAmerican Political Science Review (JOURNAL)
Identificadores de la revistaISSN: 0003-0554 • E-ISSN: 1537-5943
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0003055409090248
OpenAlexW2169367735
IdiomaEN
Citas recibidas23
Referencias citadas42

Using survey data from 28 transition countries, we test for the complementarity and substitutability of market-relevant skills and institutions. We show that democracy and good governance complement market skills in transition economies. Under autocracy and weak governance institutions, there is no significant difference in support for revising privatization between high- and low-skilled respondents. As the level of democracy and the quality of governance increases, the difference in the level of support for revising privatization between the high and low skilled grows dramatically. This finding contributes to our understanding of microfoundations of the politics of economic reform

Autocracy · Business · Complementarity (molecular biology · Corporate governance · Democracy · Economic system · Economics · Institutional economics · Macroeconomics · Market economy · Microfoundations · Political science · Politics · Survey data collection · Corruption and Economic Development · Finance · Russia and Soviet political economy · Social Policy and Reform Studies