Барьеры институционального развития в Европе: продуктивность экономики, социальное доверие и политический капитал
The paper considers the problem of institutional development in the countries of Central and Eastern Europe. We analyze existing approaches to explaining the factors and determinants of institutional development and strive to determine why there was no evidence of institutional convergence in European countries between 1990 and 2013. We look at theoretical and methodological limitations typical for mainstream approaches to the problem in contemporary political science. The data we utilize comprises a wide range of quantitative variables which measure levels of institutional development, social trust and political capital. We also use our own Total Factor Productivity (TFP) estimates obtained through non-parametric methods using raw data. We analyze relationships between the variables using correlations, regression analysis and clustering. The results of statystical analysis point at the mechanism through which TFP influences institutional development: we show that TFP is a necessary prerequisite for institutional transformation.