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