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Democracy and Development : The Devil in the Details

Persson, Torsten - 2006

Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends -- in a subtle way -- on the details of democratic...

Persistent link: https://www.econbiz.de/10012466677

The Growth Effect of Democracy : Is It Heterogenous and How Can It Be Estimated?

Persson, Torsten - 2007

We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in differences with matching, that have not been used in macroeconomic settings. Our semi-parametric estimates suggest that previous parametric estimates may have seriously...

Persistent link: https://www.econbiz.de/10012465503

Is Inequality Harmful for Growth? Theory and Evidence

Persson, Torsten - 1991

Is inequality harmful for growth? We suggest that it is. To summarize our main argument: in a society where distributional conflict is more important, political decisions are more likely to produce economic policies that allow private individuals to appropriate less of the returns to growth...

Persistent link: https://www.econbiz.de/10012475421

Social Organizations and Political Institutions : Why China and Europe Diverged

Mokyr, Joel; Tabellini, Guido - 2023

Western Europe. An important factor, recognized in the literature, is that China centralized state institutions very early on …, while Europe remained politically fragmented for much longer. These initial differences, however, were amplified by the … different social organizations (clans in China, corporate structures in Europe) that spread in these two societies at the turn …

Persistent link: https://www.econbiz.de/10014357030

Mobile Internet and the Rise of Political Tribalism in Europe

Manacorda, Marco; Tabellini, Guido; Tesei, Andrea - 2022

We study the political effects of the diffusion of mobile Internet between 2007 and 2017, using data on electoral outcomes and on mobile Internet signal across the 84,564 municipalities of 22 European countries. We find that access to mobile Internet increased voters’ support for right-wing...

Persistent link: https://www.econbiz.de/10014244346

Regulation and Distrust

Aghion, Philippe - 2009

In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation, while regulation in turn discourages social capital...

Persistent link: https://www.econbiz.de/10012464001

The Social Origins of Inventors

Aghion, Philippe - 2017

In this paper we merge three datasets - individual income data, patenting data, and IQ data - to analyze the determinants of an individual's probability of inventing. We find that: (i) parental income matters even after controlling for other background variables and for IQ, yet the estimated...

Persistent link: https://www.econbiz.de/10012453603

Parental Education and Invention : The Finnish Enigma

Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - National Bureau of Economic Research - 2023

Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (i) the positive association between parental income...

Persistent link: https://www.econbiz.de/10014226161

Parental education and invention : the finnish enigma

Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - 2023

Persistent link: https://www.econbiz.de/10013543028

Democracy and development : the devil in the details

Persson, Torsten; Tabellini, Guido - 2006

Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...

Persistent link: https://www.econbiz.de/10010261420