On the long-run economic performance of ex-communist economies, 1990-2019
Marcelo de Mello
What the paper says
We evaluate the long-run economic performance of 29 ex-Communist economies over the period 1990-2019, through growth and level decompositionexercises. Among ex-Communists economies, we find that over the last decade the bulk of the international variation in GDP per worker is accounted for by thecross-country variation in factor inputs. Growth decomposition exercises suggest that ex-Communist economies in Central Europe exhibits robust TFP growth, consistent with TFP growth of western market economies. More specifically, we findthat the best performing ex-Communist economies are the ones that experienced the shortest spell of Communism and have “westernized” institutions, whereas the worst performing economies have experienced longer spells of Communism andare more likely to have authoritarian rulers.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.