Do institutions matter for technological change in transition economies? The case of the Russia's 89 regions and republics
We explore the impact of institutions on technological change in a transition economy. We use regional panel data for Russia's 89 regions and republics during the period of recovery and growth from 1998 to 2004 to show the impact of large variation in institutional development, ranging from full enforcement of property rights in the Northwest to red belt Communist regimes in the southeast. We find an unambiguous relationship between strong and sustained institutional development and technological change. We provide one model proxying the quality of institutions by the investment risk rating compiled by the rating agency ExpertRA Regions.
|Date of creation:||Dec 2006|
|Date of revision:|
|Contact details of provider:|| Postal: Gower Street, London WC1E 6BT|
Phone: +44-20-7679 8519
Fax: +44-20-7679 8777
Web page: http://www.ssees.ucl.ac.uk/cce.htm
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:see:wpaper:70. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.