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:	Sunde, Uwe ; Cervellati, Matteo ; Fortunato, Piergiuseppe
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 99.2008, 3, p. 552-556
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005307267