Constitutional property rights protection and economic growth: evidence from the post-communist transition
| Autor: | Christian Bjørnskov |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Economics and Econometrics
Communist state Sociology and Political Science Post communist property rights constitutional political economy transition Discount points jel:K40 Philosophy Property rights Political economy Political science Development economics Economics jel:O43 jel:P16 jel:P37 Fall of man Constitutional law Law Iron Curtain |
| Zdroj: | Bjørnskov, C 2015, ' Constitutional Property Rights Protection and Economic Growth: Evidence from the Post-Communist Transition ', Constitutional Political Economy, vol. 26, no. 3, pp. 247-280 . https://doi.org/10.1007/s10602-015-9189-z |
| ISSN: | 1572-9966 1043-4062 |
| DOI: | 10.1007/s10602-015-9189-z |
| Popis: | This paper seeks to estimate the economic growth effect of constitutional provisions for property rights protection. It does so using the unique situation in formerly communist countries in Central and Eastern Europe and the Caucasus where all but two introduced new constitutions after the fall of the Iron Curtain. The effects of implementing different constitutional provisions can therefore be observed in a group of countries with the same formal starting point. Estimates provide no evidence of positive effects and mainly point towards a negative conclusion: the introduction of constitutional protection of property rights is not associated with economic development in the long run, but tends to impose costs during a period of institutional transition and implementation proportional to the constitutional change. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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