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  • 标题:Does institutional environment affect the economic development? Evidence from selected CEE countries
  • 本地全文:下载
  • 作者:Terzić, Lejla
  • 期刊名称:Theoretical and Applied Economics
  • 印刷版ISSN:1841-8678
  • 电子版ISSN:1844-0029
  • 出版年度:2017
  • 卷号:XXII(2017)
  • 期号:3(612), Autumn
  • 页码:19-28
  • 出版社:Asociatia Generala a Economistilor din Romania - AGER
  • 摘要:Economic theory identifies different variables, affecting economic development. Many economists and analysts focused their research from the determinants in the neoclassical economic growth model to the three rooted variables of economic development: institutions, geography and openness to trade. Aim of this paper is to investigate linkage between institutional environment and economic development in the selected Central and Eastern European countries (CEE). In order to explore relationship of the “deep determinants” of economic development to institutional environment several methodological approaches have been used. Empirical research was accomplished via SPSS 21 statistical software package. The results indicate the significance of institutional environment for future economic development.
  • 关键词:data; economic development; institutional environment; CEE countries.
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