TY  - JOUR
A1  - Eydam, Ulrich Leonard
A1  - Gabriadze, Irakli
T1  - Institutional development in transition economies
BT  - the role of institutional experience
JF  - Post-Soviet affairs
N2  - To understand the divergent institutional development in transition economies, we examine the role of institutional experience from the pre-Soviet era in institution-building after the dissolution of the Soviet Union. To measure institutional experience, we construct an index that captures previous experience with independent non-Soviet institutions. A cross-sectional analysis shows that institutional experience is statistically significantly associated with the quality of political, administrative, and legal institutions in transition economies today. To provide a more comprehensive picture and to control for confounding factors, in a second step, we apply a Hausman-Taylor estimator on panel data. This analysis confirms the positive relationship between institutional experience and institutional development. Moreover, the results suggest that the association between institutional experience and political institutions is stronger than the association to the other dimensions of institutions. Overall, the analysis highlights the importance of institutional experience and provides a rationale for the persistency of institutions.
KW  - institutions
KW  - comparative development
KW  - transition economies
KW  - post-Soviet
KW  - space
KW  - collective memory
Y1  - 2020
U6  - https://doi.org/10.1080/1060586X.2020.1848171
SN  - 1060-586X
SN  - 1938-2855
VL  - 37
IS  - 2
SP  - 99
EP  - 118
PB  - Routledge, Taylor & Francis Group
CY  - Abingdon
ER  -