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Autor:innen: 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
wiiw Working Paper No. 192
Verlag: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Zusammenfassung: 
The paper investigates determinants of investments in state capacity and institutional change in contemporary Ukraine. After formulating a simple sequential two-stage model of investments in state capacity, the paper estimates autoregressive distributed lag and vector autoregressive models to verify its predictions. The paper finds little evidence for the impact of conflict intensity and access to international credit on the pace of reform progress. It finds a statistically significant effect for the intensity of political competition and changes of real wages, albeit these results are sensitive to robustness checks.
Schlagwörter: 
cost of war
political cycles
transition economics
Ukraine crisis
political economy
state capacity
JEL: 
D74
E01
E20
F51
Dokumentart: 
Working Paper

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