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Speed and Sequencing of Transition Reforms and Income Inequality: a Panel Data Analysis

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  • David Aristei

    ()
    (Department of Economics, Finance and Statistics, University of Perugia)

  • Cristiano Perugini

    ()
    (Department of Economics, Finance and Statistics, University of Perugia)

Abstract

An extensive literature has analysed the economic effects of transition patterns in Central and Eastern European and former Soviet Union countries. With few recent exceptions, analysis of the impacts of speed and sequencing of reforms has not concerned the dynamics of income inequality. In this paper we analyse the heterogeneous effects of transition reforms on inequality by explicitly considering their speed and sequencing. To this aim we identify seven transition models in which the 27 countries considered can be classified. The dynamic panel econometric analysis for the period 1989–2006 reveals that balanced transition patterns, which favoured a coordination of reforms especially in specific fields, were relatively less pro-inequality.

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Bibliographic Info

Paper provided by Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies) in its series Working Papers with number 302.

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Length: 34
Date of creation: Oct 2011
Date of revision:
Handle: RePEc:ost:wpaper:302

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Keywords: Inequality; Transition; Reform speed and sequencing; Dynamic panel models;

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References

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Cited by:
  1. Jens Holscher & Cristiano Perugini & Fabrizio Pompei, 2011. "Wage inequality, labour market flexibility and duality in Eastern and Western Europe," Post-Communist Economies, Taylor & Francis Journals, vol. 23(3), pages 271-310.
  2. Jürgen Jerger, 2012. "Zur Akzeptanz politischer und marktwirtschaftlicher Reformen in Osteuropa: Empirische Befunde und Erklärungsansätze," Working Papers 315, Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies).

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