A. Carvalho
Economic Reforms and Human Development: Evidence from Transition Economies
Carvalho, A.; Nepal, R.; Jamasb, T.
Authors
R. Nepal
T. Jamasb
Abstract
Do market-oriented economic reforms result in higher levels of human well-being? This article studies the impact of macro-level institutional and infrastructure reforms on the economic, educational and health dimensions of human well-being among 25 transition economies. We use panel data econometrics based on the LSDVC technique to analyse the effects of market-oriented reforms on the human development index (HDI), as a measure of human well-being, from 1992 to 2007. The results show the complexity of reform impacts in transition countries. They show that institutional and economic reforms led to positive economic effect and significant impacts on other dimensions of human development. We find some positive economic impacts from infrastructure sectors reforms. However, not every reform measure appears to generate positive impacts. Large-scale privatizations show negative effects in health and economic outcomes. The overall results show the importance of the interaction among different reform measures and the combined effect of these on human development.
Citation
Carvalho, A., Nepal, R., & Jamasb, T. (2016). Economic Reforms and Human Development: Evidence from Transition Economies. Applied Economics, 48(14), 1330-1347. https://doi.org/10.1080/00036846.2015.1100251
Journal Article Type | Article |
---|---|
Acceptance Date | Sep 22, 2015 |
Online Publication Date | Oct 21, 2015 |
Publication Date | Mar 1, 2016 |
Deposit Date | Sep 23, 2015 |
Publicly Available Date | Mar 28, 2024 |
Journal | Applied Economics |
Print ISSN | 0003-6846 |
Electronic ISSN | 1466-4283 |
Publisher | Taylor and Francis Group |
Peer Reviewed | Peer Reviewed |
Volume | 48 |
Issue | 14 |
Pages | 1330-1347 |
DOI | https://doi.org/10.1080/00036846.2015.1100251 |
Keywords | Human development, Transition economies, Institutions, Market reforms, C33, O15, P20. |
Public URL | https://durham-repository.worktribe.com/output/1402320 |
Files
Accepted Journal Article
(606 Kb)
PDF
Copyright Statement
This is an Accepted Manuscript of an article published by Taylor & Francis Group in Applied Economics on 21/10/2015, available online at: http://www.tandfonline.com/10.1080/00036846.2015.1100251.
You might also like
Energy Systems Integration: Economic Considerations for a New Paradigm
(2019)
Journal Article
Have Model, Will Reform? Assessing the Outcomes of Electricity Reforms in Non-OECD Asia
(2018)
Journal Article
Electricity Cooperation in South Asia: Barriers to Cross-Border Trade
(2018)
Journal Article
Small Systems, Big Targets: Power Sector Reforms and Renewable Energy in Small Systems
(2018)
Journal Article
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search