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http://journals.knute.edu.ua/scientia-fructuosa/

INSTITUTIONS AND THEIR IMPACT ON ECONOMIC DEVELOPMENT

on .

UDC 330.837
 
MYKOLENKO Elena,
lecturer of Kharkiv University of Humanities "People’s Ukrainian Academy"
 
INSTITUTIONS AND THEIR IMPACT ON ECONOMIC DEVELOPMENT
 
The theoretical assumption on the role of institutions in ensuring the unity of functioning and evolution of economic systems has been improved. Based on regression analysis the assumption on the significant effect of institutional quality on economic development has been developed.
 
Keywords: institutional structure of economy, economic institutions, quality of institutions, institutional development of economy.


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