American University
Browse
2005workingpapers_24_OBJ.pdf (368.46 kB)

2005-06 Market reform and infrastructure development in transition economies

Download (368.46 kB)
report
posted on 2023-08-05, 07:45 authored by Mieke MeursMieke Meurs, Robert FeinbergRobert Feinberg

This paper presents an econometric analysis of the determinants of investments in physical infrastructure over the first decade of market reform in Central and Eastern Europe and other former Soviet economies. While our econometric specifications are quite simple – limited in part by the data requirements for a large cross-section of developing economies – they strongly suggest that market reform has had a positive impact on both traditional and newer (“high-tech”) measures of infrastructure, with a stronger impact on the newer types of infrastructure more likely to be market-derived. There is also the strong suggestion that market reform is more likely to push investors to develop infrastructure when political/institutional reforms are accomplished in tandem.

History

Publisher

American University (Washington, D.C.). Department of Economics

Language

English

Notes

Working Paper No. 2005-06. 23 pages.

Handle

http://hdl.handle.net/1961/4961

Usage metrics

    Economics

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC