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We examine the effect of the interaction between resource rents and democracy on corruption for a panel of 29 Sub …
Persistent link: https://www.econbiz.de/10013092386
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
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
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency by studying the endogenous interaction between the form...
Persistent link: https://www.econbiz.de/10012945109
of national income per capita and democracy may not be positively correlated. The model is also useful for understanding …
Persistent link: https://www.econbiz.de/10013315548
There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...
Persistent link: https://www.econbiz.de/10013136587
Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10013124683
We explore how the vertical structure of direct democracy in a federal context affects expenditure decisions of sub … of direct democracy. This allows us to take into account vertical differences between institutions, i.e. we can … distinguish the effect of state direct democracy on local expenditures for municipalities with and without own direct democratic …
Persistent link: https://www.econbiz.de/10013098336
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …
Persistent link: https://www.econbiz.de/10013086606
The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital accumulation. On the one side, education prompts economic...
Persistent link: https://www.econbiz.de/10012963389