countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short … (being state-owned and privatized enterprises) tend to perform worse than newly-established firms in Hungary and Slovenia. In …

Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …

there exists a distribution of resources such that democracy emerges in equilibrium, but there are distributions of … resources for which democracy is infeasible in equilibrium irrespective of the level of development. The model also delivers … results on the stability of democracy with regard to changes in the economic and demographic environment. The results are …

democracy and to assess the prospects of future research in the area. …

evaluate separately the impact of political institutions linked to democracy and suffrage and of those institutions more …

We use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to … institutions. The results provide a robust support for the claim that democracy is good for growth-enhancing reforms. …

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 …

that affect conflict, including measures of trade and democracy. …