Economies, Volume 11, Issue 10
2023 October - 25 articles
Cover Story: This is among the first studies to investigate, in a sample of former socialistic countries, the impact of institutions on a country’s ability to adopt superior technology developed elsewhere. It analyzes the impact of components of economic freedom and world government indicators on the productivity gap between the “Old” and “New” Europe countries. A static panel analysis is applied on cross-sectional data from the eleven EU countries. The results strongly support the productivity convergence between the“Old” and “New” Europe countries, with their institutions having a positive impact of on productivity growth. However, the impact of the institutions fades the further the country is from the frontier. View this paper - Issues are regarded as officially published after their release is announced to the table of contents alert mailing list .
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