About: Financial Crisis, Political Instability and Economic Growth

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About: Financial Crisis, Political Instability and Economic Growth Goto Sponge NotDistinct Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
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)
Title	Financial Crisis, Political Instability and Economic Growth Financial Crisis, Political Instability and Economic Growth (en)
skos:prefLabel	Financial Crisis, Political Instability and Economic Growth Financial Crisis, Political Instability and Economic Growth (en)
skos:notation	RIV/62156489:43110/11:00181004!RIV12-MSM-43110___
http://linked.open...avai/riv/aktivita	Z
http://linked.open...avai/riv/aktivity	Z(MSM6215648904)
http://linked.open...vai/riv/dodaniDat	2012
http://linked.open...aciTvurceVysledku	Kouba, Luděk Grochová, Ladislava
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Mendelova univerzita v Brně / Provozně ekonomická fakulta
http://linked.open...dnocenehoVysledku	199692
http://linked.open...ai/riv/idVysledku	RIV/62156489:43110/11:00181004
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	elite political instability; single equation; Baltic states; new political economy; production function (en)
http://linked.open.../riv/klicoveSlovo	elite political instability single equation new political economy Baltic states production function
http://linked.open...ontrolniKodProRIV	[3F5972AEE099]
http://linked.open...v/mistoKonaniAkce	Ostrava
http://linked.open...i/riv/mistoVydani	Karviná: Silesian University
http://linked.open...i/riv/nazevZdroje	Lessons Learned from the Financial Crisis. Proceedings of 13th International Conference on Finance and Banking.
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...UplatneniVysledku	2011
http://linked.open...iv/tvurceVysledku	Grochová, Ladislava Kouba, Luděk
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open.../riv/zahajeniAkce	2011-01-01 (xsd:date)
http://linked.open...n/vavai/riv/zamer	The Czech Economy in the Process of Integration and Globalisation, and the Development of Agricultural Sector and the Sector of Services under the New Conditions of the Integrated European Market
number of pages	13 (xsd:int)
http://purl.org/ne...btex#hasPublisher	POLOUČEK, S. and STAVÁREK, D. (ed.)
https://schema.org/isbn	978-80-7248-708-0
http://localhost/t...ganizacniJednotka	43110

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