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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005762377
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10011279247
There is data evidence that welfare has improved post democracy in Nigeria. However, the distribution or concentration …, across and within gender, post democracy in Nigeria is explored. I make use of simple econometric tools to test two null … hypotheses. First, there is no disparity in the income and returns to education benefits of the shift to democracy across gender …
Persistent link: https://www.econbiz.de/10005233750
At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one commodity rather than employing them inefficiently...
Persistent link: https://www.econbiz.de/10005233897
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
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
The governments of nearly all countries are major providers of primary and secondary education to their citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study, we ask why different...
Persistent link: https://www.econbiz.de/10005762277
evaluate separately the impact of political institutions linked to democracy and suffrage and of those institutions more …
Persistent link: https://www.econbiz.de/10005762361
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …
Persistent link: https://www.econbiz.de/10005703417
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