Nuri Aras, Osman; Suleymanov, Elchin; Zeynalov, Ayaz - Volkswirtschaftliche Fakultät, … - 2012
It is widely recognized that many developed countries have established democratic institutions, while the majority of developing countries are far from being democratic states (e.g. Acemoglu, 2008). One argument for this discrepancy is that there exists a strong relationship between democracy...