Hayo, Bernd; Voigt, Stefan - In: Journal of Economic Behavior & Organization 88 (2013) C, pp. 47-61
We study changes in the form of government as an example of endogenously determined constitutions. For a sample of 202 countries over the period 1950–2006, we find that most changes are relatively small and roughly equally likely to be either in the direction of more parliamentarian or more...