Showing 1 - 10 of 312
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …
Persistent link: https://www.econbiz.de/10013120286
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and … establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also … variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b …
Persistent link: https://www.econbiz.de/10013227522
We study theoretically and empirically whether natural resource windfalls affect political regimes. We document the following regularities. Natural resource windfalls have no effect on the political system when they occur in democracies. However, windfalls have significant political consequences...
Persistent link: https://www.econbiz.de/10013117944
An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when … force making democracy less stable in societies with high social mobility: when the median voter expects to move up … conflicting preferences of her “future selves,” and that the evolution of institutions is determined through the implicit …
Persistent link: https://www.econbiz.de/10012994372
wealth tends to undermine democracy. Given high oil prices, some observers see the country as virtually condemned to …
Persistent link: https://www.econbiz.de/10013148670
democracy, with better quality institutions, and higher level of economic development …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 …
Persistent link: https://www.econbiz.de/10013088393
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10013071520
This paper examines to what extent agency rulemaking is democratic. It reviews theories of administrative rulemaking in light of two normative benchmarks: a “democratic” benchmark based on voter preferences, and a “republican” benchmark based on the preferences of elected...
Persistent link: https://www.econbiz.de/10013011085
representative democracy. The basic association, however, is conditioned on the relative strength of the indigenous groups within a … extends and qualifies a substantive qualitative literature, which has found in local democratic institutions of medieval … Europe a positive impulse towards the development of representative democracy. It shows that contemporary regimes are shaped …
Persistent link: https://www.econbiz.de/10013022172
We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey data sources. Both states and counties have diverged in terms of per-capita pre-tax incomes since the late 1990s, with transfers serving to dampen this divergence. County...
Persistent link: https://www.econbiz.de/10014089530