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Giavazzi, Francesco; Tabellini, Guido - CESifo - 2004

liberalizations correspond to the event of becoming a democracy. Using a difference-in-difference estimation, we ask what are the …

Persistent link: https://www.econbiz.de/10005766014

The Growth Effect of Democracy: Is it Heterogenous and how can it be Estimated?

Persson, Torsten; Tabellini, Guido - CESifo - 2007

parametric estimates may have seriously underestimated the growth effects of democracy. In particular, we find an average … negative effect on growth of leaving democracy on the order of −2 percentage points implying effects on income per capita as …

Persistent link: https://www.econbiz.de/10005181259

The Role of the State in Economic Development

Tabellini, Guido - CESifo - 2004

This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...

Persistent link: https://www.econbiz.de/10005181349

Democracy and Development: The Devil in the Details

Persson, Torsten; Tabellini, Guido - CESifo - 2006

Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …

Persistent link: https://www.econbiz.de/10005094434