1. The Impact of the EU Accession on the Institutional Quality in Poland.
- Author
-
Serwach, Tomasz
- Subjects
EUROPEAN Union membership ,UNIVERSITIES & colleges ,CAPITAL movements ,INTERNATIONAL trade ,COUNTERFACTUALS (Logic) - Abstract
The aim of this paper is to assess whether the EU accession had an impact on the quality of institutions in Poland. Such a membership should improve institutional quality through both direct (the necessity to adjust regulations to EU standars) and indirect (for example, through an increased international trade or capital flows) channels. The author applied the Synthetic Control Method (SCM) to compare the actual levels of institutional quality (measure by the Rule of Law index provided by the World Bank) with the counterfactual values based on the assumption the Poland had not entered the EU. The obtained results indicate tet the EU membership led to levels of institutional development that were above those calculated in the counterfactual scenario. In other words, Poland has had higher quality of institutions that it would be if the country remained outside of the EU. [ABSTRACT FROM AUTHOR]
- Published
- 2018