Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


© CSR, 2008-2015
ISSN 2071-789X

1.39
2017CiteScore
 
88th percentile
Powered by  Scopus



Directory of Open Access Journals (DOAJ)


Strike Plagiarism

Partners
  • General Founder and Publisher:

     
    Centre of Sociological Research

     

  • Publishing Partners:

     
     
    University of Szczecin (Poland)


    Mykolas Romeris University (Lithuania)

     

     
     
    Alexander Dubcek University of Trencín, Faculty of Social and Economic Relations (Slovak Republic)



     
    University of Entrepreneurship and Law, (Czech Republic)



      

     

  • Membership:


    American Sociological Association


    European Sociological Association


    World Economics Association (WEA)

     


    CrossRef

     


Crony sectors as a barrier to economic well-being and ecologization (case of Ukraine)

Vol. 11, No 3, 2018

Viktor Koziuk,

 

Ternopil National Economic University, Ternopil, Ukraine

E-mail: viktorkoziuk@tneu.edu.ua

Crony sectors as a barrier to economic well-being and ecologization (case of Ukraine)

 

Oleksandr Dluhopolskyi,

 

Ternopil National Economic University, Ternopil, Ukraine

E-mail: dlugopolsky77@gmail.com


Antonina Farion,

 

Ternopil National Economic University, Ternopil, Ukraine

E-mail: a.farion@tneu.edu.ua


Tetiana Dluhopolska,

 

Ternopil National Economic University, Ternopil, Ukraine

E-mail: tetianadluhopolska@gmail.com

 


 


 

Abstract. This paper investigates the relationship between oligarchic economies and the crony sector development, which includes industries with the dominating rent-seeking behavior. In order to analyze the period from 2006 till 2016, cross-countries’ data on the Power Distance Index, Crony Capitalism Index, Sustainable Society Index, among with the environmentally related taxes are referenced. Regression analysis for the distance to power and dependence on crony capitalism is carried out with a focus on the relation between crony capitalism and ecologization. Existence of a vicious cycle associated with hierarchical tolerance and barriers towards ecologization in modern welfare economics, is debated. Conclusions are made concerning the cultural and social factors having their direct impact on the existence of crony sectors and functioning of weak institutions.

 

Received: October, 2017

1st Revision: Febraury, 2018

Accepted: May, 2018

 

DOI: 10.14254/2071-789X.2018/11-3/7

JEL ClassificationA13, H14, I31, P50

Keywords: oligarchy, crony-sectors, ecologization, institutions, well-being, environmental taxes