Micro and Macro Determinants of Public Support for Market Reforms in Eastern Europe
AbstractThis paper looks at public support for the creation of a market economy in Eastern Europe. As a data base, the Central and Eastern Eurobarometers surveys are employed, covering up to 21 countries over a time period of 1990-96 and totalling more than 100000 observations on individuals. The development of support for market reforms is analysed over time and countries. Moreover, in a number of panel regressions, individual and macroeconomic determinants of support for reforms are studied. Apart from the influence of individual characteristics (age, gender, education, income), the only significant and robust aggregate effect is that those countries that are able to keep inflation low get more support for market reforms. Small government budget deficits may also help to strengthen support. Differences in employment, GDP per capita, openness, private sector share and microeconomic transition progress do not show robust effects on people's attitudes towards the creation of a market economy.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0004002.
Length: 31 pages
Date of creation: 17 May 2000
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Note: Type of Document - pdf; to print on acrobat reader; pages: 31; figures: included
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Economic Reforms; Eastern Europe; Public Support; Transformation;
Other versions of this item:
- Hayo, Bernd, 1999. "Micro and macro determinants of public support for market reforms in Eastern Europe," ZEI Working Papers B 25-1999, ZEI - Center for European Integration Studies, University of Bonn.
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- P1 - Economic Systems - - Capitalist Systems
- P2 - Economic Systems - - Socialist Systems and Transition Economies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-02-14 (All new papers)
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