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

Dados 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)
Ano2009
Volume103
Fascículo2
Páginas284-304
Data de publicação2009-05-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoAmerican Political Science Review (JOURNAL)
Identificadores do periódicoISSN: 0003-0554 • E-ISSN: 1537-5943
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0003055409090248
OpenAlexW2169367735
IdiomaEN
Citações recebidas23
Referências 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