Comparing the spread of capitalism and democracy

We apply Leeson and Dean’s (2009) method for studying democratic dominoes to capitalist spillovers to compare the rates at which capitalism and democracy spread between countries. We find that capitalism and democracy spread at approximately the same modest rate.

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Year of publication:	2012
Authors:	Leeson, Peter T. ; Sobel, Russell S. ; Dean, Andrea M.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 114.2012, 1, p. 139-141
Publisher:	Elsevier
Subject:	Domino theory \| Capitalism \| Democracy \| Spatial econometrics

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Type of publication:	Article
Classification:	H1 - Structure and Scope of Government ; P1 - Capitalist Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010597217