The Great Divide Revisited: Ottoman and Habsburg Legacies on Transition
研究了东南欧和中欧前社会主义国家制度质量的差异,发现奥斯曼与哈布斯堡帝国的历史遗产比社会主义时期更能解释当前制度质量,哈布斯堡继承国的市场制度更高效。
SUMMARY The former socialist countries of South East and Central Europe exhibit great variation in institutional quality. Unlike the sparse existing literature, I claim that the variation can be explained by the legacies of the Ottoman and Habsburg Empires. I identify historical legacies of the Empires, which have affected the current institutional quality of the successor states. I show empirically that the Empires' legacies are key determinants of institutional quality, and that the Habsburg successors have institutions that are more efficient in a market economy than the Ottoman successors. In contrast, I find an insignificant effect of socialism on institutional quality.