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Commodity Price Volatility, Democracy and Economic Growth

Arezki, Rabah - 2013

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10013092229

Democracy and Growth : Evidence of a New Measurement

Gründler, Klaus - 2016

We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …

Persistent link: https://www.econbiz.de/10013001148

Taxation, Industry Integration and Production Efficiency

Moriconi, Simone - 2016

economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate … production units. The present paper investigates the effects of taxation on production efficiency, accounting for the … effect of this "tax induced organizational change" on production efficiency ultimately depends on the characteristics of the …

Persistent link: https://www.econbiz.de/10012984733

Commodity Windfalls, Polarization, and Net Foreign Assets : Panel Data Evidence on the Voracity Effect

Arezki, Rabah - 2013

This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign...

Persistent link: https://www.econbiz.de/10013092044

A Rise By Any Other Name? Sensitivity of Growth Regressions to Data Source

Hanousek, Jan - 2008

Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...

Persistent link: https://www.econbiz.de/10012773476

Measurement Error in Education and Growth Regressions

Portela, Miguel - 2008

The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...

Persistent link: https://www.econbiz.de/10012774497

Corruption, Seigniorage and Growth : Theory and Evidence

Blackburn, Keith; Neanidis, Kyriakos C.; Haque, M. Emranul - 2021

of the government's budget constraint, we find strong evidence to support these predictions under different estimation …

Persistent link: https://www.econbiz.de/10013316495

Happy Voters

Liberini, Federica; Redoano, Michela; Proto, Eugenio - 2021

Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and...

Persistent link: https://www.econbiz.de/10013315574

Democracy and International Conflict

Vesperoni, Alberto - 2016

During the past two centuries, western nations have successively extended the voting franchise to citizens of lower income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other nations, as in a strategic game of international conflict...

Persistent link: https://www.econbiz.de/10012992613

Democratic Redistribution and Rule of the Majority

Corneo, Giacomo - 2015

quality of democracy. However, there is a non-negligible share of democracies that implement a minority-backed amount of …

Persistent link: https://www.econbiz.de/10013030499

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