Showing 1 - 10 of 78
The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross country data to study the effect of product market regulation and reform on a country’s macroeconomic performance. After a brief review of the theoretical literature and of...
Persistent link: https://www.econbiz.de/10005822371
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...
Persistent link: https://www.econbiz.de/10005763747
individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their … between political regimes and political culture diffusion. Consolidated democracy emerges when sufficiently many people are …
Persistent link: https://www.econbiz.de/10010667865
through the extension of franchise. This is because democracy always implements a highly redistributive fiscal policy, which … makes fighting hard incentive-compatible for the citizens-soldiers. We show that a transition to democracy is more likely to …
Persistent link: https://www.econbiz.de/10005822286
that a jus sanguinis origin is a factor of resistance to change, that a high degree of democracy promotes the adoption of …
Persistent link: https://www.econbiz.de/10005763607
democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …
Persistent link: https://www.econbiz.de/10010739947
more important consequence of the presence of a strong military is that once transition to democracy takes place, the …
Persistent link: https://www.econbiz.de/10005761843
evaluate separately the impact of political institutions linked to democracy and suffrage and of those institutions more …
Persistent link: https://www.econbiz.de/10005762361
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10008839291
Despite being a fixture of everyday life in the Arab world, wasta, which may be thought of as special influence by members of the same group or tribe, has received little attention from social scientists. Our casual empiricism suggests that wasta is an important determinant of how economic...
Persistent link: https://www.econbiz.de/10010959531