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An Assessment of Institutional Improvements in Romania and Bulgaria Following EU Accession

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  • Dragos Dinca

    (Academia de Studii Economice din Bucuresti)

Abstract

The purpose of this paper is to analyse to what extent accession to the European Union affected the quality of institutions in Romania and Bulgaria. In order to measure these effects, indicators of perceived corruption have been built based on data from the Life in Transition surveys I, II, III, conducted by the European Bank of Reconstruction and Development. Under the specifications of a difference-in-differences methodology, evidence of a reduction in small acts of corruption has been discovered for both countries, with larger effects in Bulgaria. In regards to high level corruption, Romania proved to be successful in tackling this dimension nine years after the accession, while for Bulgaria the evidence suggests an unfavourable deterioration over time.

Suggested Citation

  • Dragos Dinca, 2022. "An Assessment of Institutional Improvements in Romania and Bulgaria Following EU Accession," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 69(2), pages 293-316, June.
    • Handle: RePEc:aic:saebjn:v:69:y:2022:i:2:p:293-316:n:5
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    References listed on IDEAS

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    1. Ali Hussein Samadi & Masoumeh Alipourian, 2021. "Measuring Institutional Quality: A Review," Contributions to Economics, in: Nezameddin Faghih & Ali Hussein Samadi (ed.), Dynamics of Institutional Change in Emerging Market Economies, pages 143-171, Springer.
    2. Constantinos Alexiou & Sofoklis Vogiazas & Nikita Solovev, 2020. "Economic growth and quality of institutions in 27 postsocialist economies," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 47(4), pages 769-787, March.
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