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Description
| - The new political economics growth theory defines some factors that are necessary for economic growth among which political (in)stability. There are distinguished two types of political instability -- elite and non-elite -- in topical literature. While non-elite political instability concerns about violent coups, riots or civil wars, elite political instability is represented with %22soft changes%22 such as government breakdowns, fragile majority or minority governments. Recent financial and economic crisis bringing serious features of political instability in many European countries is a challenge to verify and possibly redefine some theoretical concepts. The aim of our paper is to discuss these issues on the example of CEE countries. The paper uses a single-equation model to reject a hypothesis that elite political instability is an insuperable obstacle to economic development. The model has a form of augmented production function and includes growth rates of capital, exports, and labour as independent variables and government changes as an elite political instability dummy variable.
- The new political economics growth theory defines some factors that are necessary for economic growth among which political (in)stability. There are distinguished two types of political instability -- elite and non-elite -- in topical literature. While non-elite political instability concerns about violent coups, riots or civil wars, elite political instability is represented with %22soft changes%22 such as government breakdowns, fragile majority or minority governments. Recent financial and economic crisis bringing serious features of political instability in many European countries is a challenge to verify and possibly redefine some theoretical concepts. The aim of our paper is to discuss these issues on the example of CEE countries. The paper uses a single-equation model to reject a hypothesis that elite political instability is an insuperable obstacle to economic development. The model has a form of augmented production function and includes growth rates of capital, exports, and labour as independent variables and government changes as an elite political instability dummy variable. (en)
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Title
| - Financial Crisis, Political Instability and Economic Growth
- Financial Crisis, Political Instability and Economic Growth (en)
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skos:prefLabel
| - Financial Crisis, Political Instability and Economic Growth
- Financial Crisis, Political Instability and Economic Growth (en)
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skos:notation
| - RIV/62156489:43110/11:00181004!RIV12-MSM-43110___
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http://linked.open...avai/riv/aktivita
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http://linked.open...avai/riv/aktivity
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http://linked.open...vai/riv/dodaniDat
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http://linked.open...aciTvurceVysledku
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http://linked.open.../riv/druhVysledku
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http://linked.open...iv/duvernostUdaju
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http://linked.open...titaPredkladatele
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http://linked.open...dnocenehoVysledku
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http://linked.open...ai/riv/idVysledku
| - RIV/62156489:43110/11:00181004
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http://linked.open...riv/jazykVysledku
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http://linked.open.../riv/klicovaSlova
| - elite political instability; single equation; Baltic states; new political economy; production function (en)
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http://linked.open.../riv/klicoveSlovo
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http://linked.open...ontrolniKodProRIV
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http://linked.open...v/mistoKonaniAkce
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http://linked.open...i/riv/mistoVydani
| - Karviná: Silesian University
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http://linked.open...i/riv/nazevZdroje
| - Lessons Learned from the Financial Crisis. Proceedings of 13th International Conference on Finance and Banking.
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http://linked.open...in/vavai/riv/obor
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http://linked.open...ichTvurcuVysledku
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http://linked.open...cetTvurcuVysledku
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http://linked.open...UplatneniVysledku
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http://linked.open...iv/tvurceVysledku
| - Grochová, Ladislava
- Kouba, Luděk
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http://linked.open...vavai/riv/typAkce
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http://linked.open.../riv/zahajeniAkce
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http://linked.open...n/vavai/riv/zamer
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number of pages
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http://purl.org/ne...btex#hasPublisher
| - POLOUČEK, S. and STAVÁREK, D. (ed.)
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https://schema.org/isbn
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http://localhost/t...ganizacniJednotka
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