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Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2005

We revisit one of the central empirical findings of the political economy literature that higher income per capita causes democracy. Existing studies establish a strong cross-country correlation between income and democracy, but do not typically control for factors that simultaneously affect...

Persistent link: https://www.econbiz.de/10005666490

The Consequences of Radical Reform: The French Revolution

Acemoglu, Daron; Cantoni, Davide; Johnson, Simon; … - C.E.P.R. Discussion Papers - 2009

notably, that evolved institutions are inherently superior to those 'designed'; that institutions must be 'appropriate' and … cannot be 'transplanted'; and that the civil code and other French institutions have adverse economic effects. …

Persistent link: https://www.econbiz.de/10005689633

Persistence of Power, Elites and Institutions

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2006

We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites … and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labour … (e.g., competitive markets versus labour repression). The main idea is that equilibrium economic institutions are a …

Persistent link: https://www.econbiz.de/10005114453

Reevaluating the Modernization Hypothesis

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2007

This paper revisits and critically re-evaluates the widely-accepted modernization hypothesis which claims that per capita income causes the creation and the consolidation of democracy. We argue that existing studies find support for this hypothesis because they fail to control for the presence...

Persistent link: https://www.econbiz.de/10005661513