Institutional aspects of new comparative economy
Czech republic and European union
Bibliographic Data
| ID | 7973413 |
|---|---|
| Authors | Milan Žák (0000-0002-5814-7668), Petr Vymětal (0000-0001-9212-0824) |
| Year | 2006 |
| Volume | 54 |
| Issue | 5 |
| Pages | 583-609 |
| Publication date | 2006-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Politická ekonomie (JOURNAL) |
| Journal identifiers | ISSN: 0032-3233 • E-ISSN: 2336-8225 |
| Publisher | Prague University of Economics and Business (PUBLISHER • CZ) |
| DOI | 10.18267/j.polek.574 |
| OpenAlex | W2327057796 |
| Language | EN |
| Citations received | 2 |
| References cited | 53 |
The study focuses on evaluation of institutional quality in European Union countries and its possible impact on economic performance and competitiveness. The text stems from the theoretical framework of new institutional economics, especially historical and comparative institutionalism, and it bases on the concept of good governance. The source of the evaluation is the scheme of the World Bank Governance Matters, supplemented with research of other institutions working with individual institutional characteristics. Authors evaluate following characteristics - voice and accountability, political stability, government effectiveness, regulatory quality, rule of law and control of corruption, which together form aggregate indicator of institutional quality. Old member countries of European Union (EU-15) are classified into different models of capitalism according to their different institutional quality. Institutional changes in new member countries (EU-10, eventually EU-8) in period 1996-2004 illustrate both institutional adjustment of postcommunist countries and dynamics of these changes and their convergence to different types of capitalism
Accountability · Capitalism · Convergence (economics) · Corporate governance · Economic policy · Economic system · Economics · European union · Institutional analysis · Institutional economics · Institutionalism · Language change · Macroeconomics · New institutional economics · Political economy · Political science · Politics · Quality (philosophy) · Rule of law · Social science · Sociology · Economic and Fiscal Studies · Finance · Law
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Economic Growth in a Cross Section of Countries
Institutions, Institutional Change and Economic Performance
What is Alive and What is Dead in the Theory of Corporatism
Comparing Welfare Capitalism
Governance Matters III
Governance Matters IV
Institutions and Development
Do Institutions Cause Growth
Grassroots to Grassroots
Formal and informal institutions in the labor market, with applications to the construction sector in Egypt
Private Actors and the State
Institutions and performance
Factor Endowments, Inequality, and Paths of Development Among New World Economics
Institutions as the Fundamental Cause of Long-Run Growth
Making sense of institutions as a factor shaping economic performance
The New Institutional Economics
Can Institutions Resolve Ethnic Conflict
After Backyard Environmentalism
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,11 |
| Citation span | 2008 - 2012 (5) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |