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The Personalist Penalty : Varieties of Autocracy and Economic Growth

Blattman, Christopher; Gehlbach, Scott; Yu, Arthur Zeyang - National Bureau of Economic Research - 2025

Studies of income and regime type typically contrast democracies and autocracies, ignoring heterogeneity in the character of authoritarian regimes. We focus on the consequences of personalist rule, where power is concentrated in an individual or small elite. Extending the dynamic panel strategy...

Persistent link: https://www.econbiz.de/10015450848

Malfunctioning Democracies : Understanding Accountability Failures in Developing Countries

Ferraz, Claudio - 2025

This chapter examines why democracies in the developing world frequently underperform in providing effective governance. We argue that these shortcomings stem from weaknesses in accountability mechanisms, which leave governments vulnerable to corruption, clientelism, and elite capture. Our...

Persistent link: https://www.econbiz.de/10015464367

Firm Heterogeneity and Firm Behavior with Conditional Policies

Demidova, Svetlana - 2007

This paper shows that the result of Ju and Krishna (2002, 2005), i.e., the non-monotonicity in the comparative statics across regimes, disappears, if exporters differ in their productivities, which provides very different predictions about the results of policy changes

Persistent link: https://www.econbiz.de/10012465706

Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy

Brender, Adi - 2007

When democracy is new, it is often fragile and not fully consolidated. We investigate how the danger of a collapse of … democracy may affect fiscal policy in new democracies in comparison to countries where democracy is older and often more … established. We argue that the attitude of the citizenry towards democracy is important in preventing democratic collapse, and …

Persistent link: https://www.econbiz.de/10012465191

Forms of Democracy, Policy and Economic Development

Persson, Torsten - 2005

of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices … opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …

Persistent link: https://www.econbiz.de/10012467514

China's Macroeconomic Development : The Role of Gradualist Reforms

Chen, Kaiji; Zha, Tao - National Bureau of Economic Research - 2023

This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high saving rates, the housing boom, an expanding current...

Persistent link: https://www.econbiz.de/10014322782

Stages of Diversification : France, 1836-1938

Becuwe, Stéphane - 2015

A large literature has documented an association between economic growth and export diversification. We study this … advantage. The decline of export concentration is associated with a chronic deficit in the balance of trade during the Belle …

Persistent link: https://www.econbiz.de/10012456894

Business Groups in Canada : Their Rise and Fall, and Rise and Fall Again

Morck, Randall - 2015

Family-controlled pyramidal business groups were important in Canada early in the 20th century, amid rapid catch-up industrialization, but largely gave way to widely held free-standing firms by mid- century. In the 1970s and early 1980s - an era of high inflation, financial reversal,...

Persistent link: https://www.econbiz.de/10012456963

Diversification through Trade

Caselli, Francesco - 2015

importance of the two mechanisms (sectoral specialization and cross-country diversification) and provide a new answer to the …

Persistent link: https://www.econbiz.de/10012457170

Welfare Implications of Learning Through Solicitation versus Diversification in Health Care

Basu, Anirban - 2014

of bias cannot be established and welfare may decrease due to new data. Direct diversification of treatment receipt may … on estimating heterogeneous treatment effects, the paper proposes a new infrastructure based on temporary diversification …

Persistent link: https://www.econbiz.de/10012458290