| MIKULA, Štěpán. Risk of abrupt changes in the property rights protection. In Jaroslav Ramík, Daniel Stavárek. Proceedings of 30th International Conference Mathematical Methods in Economics. Karviná: Silesian University in Opava, School of Business Administration in Karviná, 2012, s. 593-598. ISBN 978-80-7248-779-0. |
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@inproceedings{992075,
author = {Mikula, Štěpán},
address = {Karviná},
booktitle = {Proceedings of 30th International Conference Mathematical Methods in Economics},
editor = {Jaroslav Ramík, Daniel Stavárek},
keywords = {institutions; predictability; ARI process; abrupt changes; property rights},
howpublished = {tištěná verze "print"},
language = {eng},
location = {Karviná},
isbn = {978-80-7248-779-0},
pages = {593-598},
publisher = {Silesian University in Opava, School of Business Administration in Karviná},
title = {Risk of abrupt changes in the property rights protection},
year = {2012}
}
TY - JOUR
ID - 992075
AU - Mikula, Štěpán
PY - 2012
TI - Risk of abrupt changes in the property rights protection
PB - Silesian University in Opava, School of Business Administration in Karviná
CY - Karviná
SN - 9788072487790
KW - institutions
KW - predictability
KW - ARI process
KW - abrupt changes
KW - property rights
N2 - The aim of this paper is to develop method for evaluating the predictability of the institutional environment. It is based on standard time-series analysis and suggests two measures of predictability. This method is applied on development of property rights protection level which is approximatively described by index based on expert evaluation from International Country Risk Guide (ICRG). Obtained measures of predictability are tested using econometric model with cross-sectional data and recognized as a significant predictor of economic performance.
ER -
MIKULA, Štěpán. Risk of abrupt changes in the property rights protection. In Jaroslav Ramík, Daniel Stavárek. \textit{Proceedings of 30th International Conference Mathematical Methods in Economics}. Karviná: Silesian University in Opava, School of Business Administration in Karviná, 2012, s.~593-598. ISBN~978-80-7248-779-0.
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