Political and Legal Factors of Economic Growth in Russian Regions |
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Authors: | Vladimir Mau Konstantin Yanovskiy |
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Affiliation: | Principal economist, Economics Department , OECD , 2, rue Andre Pascal, Paris CEDEX 16, 75775, France |
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Abstract: | The authors propose some new approaches in order to evaluate formally regional specifics of political and legal culture and institutes' impact on the dynamics of economic development of the regions and on the regions' investment climate. They demonstrate using a model that the influence of institutional factors, including some indicators for the basic individual rights maintenance in the regions, on economic growth is significant. |
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