A comment on The relationship between policies and growth in transition countries

The goal of this article is to point out the likely reasons for the differences between the results obtained by Roxana Radulescu and David Barlow ¹ 1 Radulescu, R. and Barlow, D. (2002). Economics of Transition, 10(3), pp. 719–45. and those presented in most other research papers on the growth determinants in the post‐communist countries. The authors also present the consequences of the impact of the specific composition of the EBRD index on the results of analysis obtained on the basis of econometric models, in which the index is used as a variable.