Are all democracies equally good? The role of interactions between political environment and inequality for rule of law

Using cross-country data, we find evidence for a significant interaction effect between democracy and equality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with better rule of law when inequality is lower.

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Year of publication:	2008
Authors:	Cervellati, Matteo ; Fortunato, Piergiuseppe ; Sunde, Uwe
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München

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Series:	Munich Reprints in Economics.
Type of publication:	Book / Working Paper
Notes:	Published in Economics Letters 3 99(2008): pp. 552-556
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010897533