because typically in Africa, ‘good economics’ has proved not to be politically feasible. In this Paper we suggest that good …

significant entry barriers against new entrepreneurs. Democracy, where political power is more widely di used, imposes … redistributive taxes on producers, but tends to avoid entry barriers. When taxes in democracy are high and the distortions caused by … democracy because of within-elite conflict, and how the unequal distribution of income in oligarchy supports the oligarchic …

capita income causes the creation and the consolidation of democracy. We argue that existing studies find support for this … affect both the level of income per capita and the likelihood of democracy in a country, and failing to control for these … factors may introduce a spurious relationship between income and democracy. We show that controlling for these historical …

causes democracy. Existing studies establish a strong cross-country correlation between income and democracy, but do not … country fixed effects removes the statistical association between income per capita and various measures of democracy. We also … on democracy. Furthermore, we reconcile the positive cross-country correlation between income and democracy with the …

also tends to erect significant entry barriers, violating the property rights of future producers. Democracy, where … taxes in democracy are high and the distortions caused by entry barriers are low, an oligarchic society achieves greater …

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 …

causes democracy. Existing studies establish a strong cross-country correlation between income and democracy, but do not … country fixed effects removes the statistical association between income per capita and various measures of democracy. We also … on democracy. Furthermore, we reconcile the positive cross-country correlation between income and democracy with the …

The conventional wisdom views high levels of education as a prerequisite for democracy. This paper shows that existing …

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 …

We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country … fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …