Institutional Integration in the Sphere of Business Infrastructure in the European Union in the Years 2000-2008
DOI:
https://doi.org/10.6000/1929-7092.2013.02.11Keywords:
Business infrastructure, integration, institutions, taxonomyAbstract
Abstract: The last decade has been a period of accelerated integration in Europe. A manifestation of this was the biggest ever enlargement of the EU in 2004. Therefore the aim of this study is an evaluation of integration process in EU in the sphere of economic institutional order. The analysis concentrates on the institutional factors that affects the ability of country to utilize potential of competitive global economy. In this study some taxonomic tools were used - a hierarchical classification procedure (Ward's method with Euclidean and Manhattan distance). The study was based on annual data from the period 2000-2008. It allowed to capture a period of four years before and after the biggest enlargement of the EU. The research problem of this study amounted to the question: whether in the analyzed period can one speak about the process of growing similarities in the sphere of business institutional order for “old†and “new†EU countries? The study confirms existence of integration processes in relation to institutional order. However, it also proves the existence of group of countries that can be described by homogenous institutional factors especially effective in supporting utilization of the potential of competitive global economy.References
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Atkinson, Robert D and Daniel K. Correa. 2007. “The 2007 State New Economy Index. Benchmarking Economic Transformation in the States”. Kauffman Foundation, The Information Technology and Innovation Foundation, February.
Balcerzak, Adam P. and Rogalska El?bieta. 2010. “Government’s Effectiveness in Creating Institutional Conditions for Entrepreneurship in Central and Eastern Europe in the Years 2004-2010”in: Policies for Improving Growth Potential: International Perspective, edited byAadam P. Balcerzak. Toru?: Nicolaus Copernicus Publishing House.
Balcerzak, Adam P. 2009. Pa?stwo w realiach “nowej gospodarki”. Podstawy efektywnej polityki gospodarczej w XXI wieku. Toru?: Wydawnictwo Adam Marsza?ek, Toru?.
Balcerzak, Adam P. 2009.“Wp?yw dzia?alno?ci regulacyjnej pa?stwa w obszarze kreowania ?adu konkurencyjnego na rozwój nowej gospodarki”in Aktywno?? regulacyjna pa?stwa a potencja? rozwojowy gospodarki, edited by A.P. Balcerzak and Micha? Moszy?ski. Toru?: Polskie Towarzystwo Ekonomiczne Oddzia? w Toruniu.
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Doing Business 2011. Making Difference for Entrepreneurs.2010.The International Bank for Reconstruction and Development / The World Bank, Washington.
Everitt Brian S., Dunn Graham. 2001. Applied Multivariate Data Analysis. London: Wiley.
Everitt Brian S., Landau Sabine, Leese Morven. 2011. Cluster Analysis. London: Wiley.
Gwartney, James and Joshua Hall and Robert Lawson. 2010. Economic Freedom of the World 2010 Annual Report. Fraser Institute.
Holcombe, Randall G. 1998, “Entrepreneurship and Economic Growth” Quarterly Journal of Austrian Economics 2.
Oko?-Horody?ska, Ewa and Rafa? Wis?a, eds. 2009. Kapita? intelektualny i jego ochrona, Warszawa: Instytut Wiedzy i Innowacji.
Milligan, Glenn W. and Cooper Martha C. 1987. “Methodology Review: Clustering Methods.” Applied Psychological Measurement 11(4).
http://dx.doi.org/10.1177/014662168701100401
North, Douglas C. 1994. “Economic Performance through Time” American Economic Review 84(3).
North, Douglas C. 1993, “Institutions, Transactions Cost and Productivity In The Long Run” Economic History 9309004, Ecin WPA, http://ideas.repec.org/e/prio11.html (28.03.2007).
Piech, Krzysztof. 2009. Wiedza i innowacje w rozwoju gospodarczym: w kierunku pomiaru i wspó?czesnej roli pa?stwa. Warszawa: Instytut Wiedzy i Innowacji.
Pietrucha, Jacek. 2008. Ramy instytucjonalne polityki pieni??nej – teoria i pomiar. Katowice: Wydawnictwo Akademii Ekonomicznej w Katowicach.
Ostasiewicz, Walenty ed. 1998. Statystyczne metody analizy danych, Wroc?aw: Wydawnictwo Akademii Ekonomicznej im. OskaraLangego.
Stel, Andre and David Storey and A. Roy Thurik. 2007. “The Effect of Business Regulations on Nascent and Young Business Entrepreneurship” Small Business Economics 28(2).
http://dx.doi.org/10.1007/s11187-006-9014-1
Strza?a, Krystyna and Tomasz Przechlewski. 1995. Ekonometria inaczej. Gda?sk: Wydawnictwo Uniwersytetu Gda?skiego, Gda?sk.
Willliamson, Oliver. 2000. “The New Institutional Economics: Taking Stock, Looking Ahead”, Journal of Economic Literature XXXVIII.
Zelia?, Aleksander ed. 2000. Taksonomiczna analiza przestrzennego zró?nicowania poziomu ?ycia w Polsce w uj?ciu dynamicznym. Kraków: Wydawnictwo Akademii Ekonomicznej
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Published
2013-05-06
How to Cite
Balcerzak, A. P. (2013). Institutional Integration in the Sphere of Business Infrastructure in the European Union in the Years 2000-2008. Journal of Reviews on Global Economics, 2, 131–141. https://doi.org/10.6000/1929-7092.2013.02.11
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