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This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor democracy, with better quality institutions, and higher...
Persistent link: https://www.econbiz.de/10009696903
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10009488418
appear to have a particularly important impact on the timing of democratic change. -- Economic growth ; democratization …
Persistent link: https://www.econbiz.de/10003942224
. Exploiting within-country variation to identify the effect of democratization during the "Third Wave", we find evidence that the … effect of democratization is weaker than reported previously once one accounts for the incidence of conflict, while the … significantly reduce the incidence and onset of conflict, which suggests that part of the positive growth effect of democratization …
Persistent link: https://www.econbiz.de/10009238580
We study the role of trade liberalization, democratization and their interaction for technology adoption. A general … accelerate technology adoption if coupled with democratization but may lead to a slow down if these regime changes are imbalanced … variation and the heterogenous timing of openness and democratization. The results document the existence of robust positive …
Persistent link: https://www.econbiz.de/10009683008
Slow onset climate change has the potential to cause significant migration flows. Scientists have recently made considerable efforts to quantify these flows based on empirical methods. However, the literature on international migration has failed to come to a clear conclusion as many studies...
Persistent link: https://www.econbiz.de/10012550033
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality of countries' political institutions. We estimate the effect of political institutions on the diffusion of three telecommunications services and find it to be much smaller in...
Persistent link: https://www.econbiz.de/10003529158
Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local development? Our study on Indonesia suggests that fiscal...
Persistent link: https://www.econbiz.de/10009155571
. We study the conditions under which a state of law can be implemented under oligarchy, and when democratization is … necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely …
Persistent link: https://www.econbiz.de/10002543970