Showing 1 - 10 of 611
We use anonymized data from Facebook to construct a new measure of the pairwise social connectedness between 180 countries and 332 European regions. We find that two countries trade more with each other when they are more socially connected and when they share social connections with a similar...
Persistent link: https://www.econbiz.de/10012834994
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10012892099
general democracy index for 87 countries shows that a higher degree of direct democracy leads to lower budget deficits and …
Persistent link: https://www.econbiz.de/10013316691
This paper investigates on the demographic, economic, political and cultural determinants of direct democracy in 87 … countries using an index of direct democracy. The test is interesting since there are important variations across these … the estimation technique. Political rights and stability also work as prerequisites to direct democracy. Direct democracy …
Persistent link: https://www.econbiz.de/10013316998
difficulties of particular democracies to function properly confront democracy with a new series of challenges and opportunities … democracy. We survey a long period in the quest for such new forms and point to next inventions for such forms. We suggest to … experiment with new ways for democracy to extend the choice of democratic processes that can be implemented in real …
Persistent link: https://www.econbiz.de/10014240320
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual …-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include … models accounting for several confounders, regional and cohort fixed effects. We document that democracy - or its quality …
Persistent link: https://www.econbiz.de/10013310764
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042
This paper empirically analyzes the joint impact of democracy and press freedom on corruption. Based in the theoretical …
Persistent link: https://www.econbiz.de/10010288233
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
Persistent link: https://www.econbiz.de/10010261420
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10010316080