CONSTITUTIONAL TRADITIONS, INSTITUTIONS, BEHAVIORAL PREREQUISITES AND WELL-BEING OF COUNTRIES
https://doi.org/10.38050/01300105201912
Abstract
Well-being of countries depend on several factors. According to new institutional economics one of the main factors of national well-being is the level of institutional development. Drawing on econometric analysis, we prove this hypothesis and show that such indicators as constitutional culture, behavioral prerequisites and perception of institutions are indispensable for the well-being of a country. The paper presents various approaches to "measuring" these indicators and issues related to this.
About the Authors
H. L. Sargsyan
Ереванский государственный университет (Ереван, Армения)
Russian Federation
Russian Federation
R. A. Gevorgyan
Ереванский государственный университет (Ереван, Армения)
Russian Federation
Russian Federation
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Review
For citations:
Sargsyan H.L., Gevorgyan R.A. CONSTITUTIONAL TRADITIONS, INSTITUTIONS, BEHAVIORAL PREREQUISITES AND WELL-BEING OF COUNTRIES. Moscow University Economics Bulletin. 2019;(1):30-49. (In Russ.) https://doi.org/10.38050/01300105201912
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