Market Reform and Infrastructure Development in Transition Economies

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Market Reform and Infrastructure Development in Transition Economies

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dc.contributor.author Meurs, Mieke
dc.contributor.author Feinberg, Robert M.
dc.date.accessioned 2009-02-18T16:35:57Z
dc.date.available 2009-02-18T16:35:57Z
dc.date.created 2005-06
dc.date.issued 2005-06
dc.identifier.uri http://hdl.handle.net/1961/4961
dc.description Working Paper No. 2005-06. 23 pages. en
dc.description.abstract 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. en
dc.description.sponsorship Department of Economics, American University en
dc.language.iso en_US en
dc.publisher Department of Economics, American University en
dc.subject.other Infrastructure en
dc.subject.other Transition economies en
dc.subject.other Market reform en
dc.title Market Reform and Infrastructure Development in Transition Economies en
dc.type Working Paper en


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