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up to the present: building new democracy in a new state) the study shows transformations of the city and urban life. The … demonstrates that diversity can grow and flourish only in democracy, which allows differences and pluralism leading to richer and …
Persistent link: https://www.econbiz.de/10011589680
This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … these more exogenous democratizations strongly indicates that democracy does not cause growth. Consequently, the common … positive association between democracy and economic growth is driven by endogenous democratization episodes (i.e., due to …
Persistent link: https://www.econbiz.de/10011521223
This paper examines the relationship between political competition and financial development across a global sample of 127 countries, with a particular focus on developed and democratic OECD countries. Building on the theoretical frameworks of Acemoglu and Robinson (2006) and Besley et al....
Persistent link: https://www.econbiz.de/10015067022
The paper investigates determinants of investments in state capacity and institutional change in contemporary Ukraine. After formulating a simple sequential two-stage model of investments in state capacity, the paper estimates autoregressive distributed lag and vector autoregressive models to...
Persistent link: https://www.econbiz.de/10012424667
environmental quality. The results indicate that, all else equal, output growth would have increased industrial CO2 emissions in the …
Persistent link: https://www.econbiz.de/10008773051
Persistent link: https://www.econbiz.de/10001509599
Persistent link: https://www.econbiz.de/10011886553
Persistent link: https://www.econbiz.de/10012215659
economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period … 1990-2001. Among our results, we find that mass privatisation has significant positive effect on growth across a wide … development of the capital market, which is significantly correlated with economic growth. …
Persistent link: https://www.econbiz.de/10011606670
-votes do not seem to depend on whether a proposal involves a tax or not. -- direct democracy ; environmental policy ; public …
Persistent link: https://www.econbiz.de/10001783577