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sustainability. We show that the dual democratic mechanism – rejection/support rewards (RSRs) for politicians and elections – can …
Persistent link: https://www.econbiz.de/10005662383
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10005067506
contracts during their campaign. These threshold contracts do not violate the liberal principle of free and anonymous elections …
Persistent link: https://www.econbiz.de/10005656153
also when controlling for possible endogeneity of liberalization in growth. (2) Democracy encourages liberalization … - countries which introduced greater democracy subsequently progress further in economic liberalization too. (3) Because of its … reinforcing effect on liberalization, democracy has a positive overall impact on growth. Nevertheless, the marginal effect of …
Persistent link: https://www.econbiz.de/10005114240
This study investigates the effects of introducing elections on public goods and redistribution in rural China. We … timing of the introduction of elections for causal identification. We find that elections significantly increase public goods … also find that elections cause significant income redistribution within villages. The results support the basic assumptions …
Persistent link: https://www.econbiz.de/10011083270
that affect conflict, including measures of trade and democracy. …We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a … positive effect on their conflict propensities because more closely related populations, on average, tend to interact more and …
Persistent link: https://www.econbiz.de/10005061475
The conventional wisdom in political science is that for a democracy to be consoliated, all groups must have a chance … to attain power. If they do not then they will subvert democracy and choose to fight for power. In this paper we show … model, we show that democracy may never be consolidated in such a situation. Rather, democracy may only be stable when one …
Persistent link: https://www.econbiz.de/10005656168
This paper shows that electoral incentives affect the occurrence of trade disputes. Focusing on WTO disputes filed by the United States during the 1995-2012 period, we show that U.S. presidents are more likely to initiate a dispute in the year preceding their re-election date. Moreover, disputes...
Persistent link: https://www.econbiz.de/10011276379
simple model we show that the power of elections as a selection and incentive device can be improved by requiring higher vote …
Persistent link: https://www.econbiz.de/10005025512
voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is … unobservable. On the one hand, elections improve accountability and allow to keep well-performing incumbents. On the other …
Persistent link: https://www.econbiz.de/10009644031