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and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic … and focusing on immigrants' exposure to democracy before migration. In all cases, the timing and nature of the effects are …
Persistent link: https://www.econbiz.de/10012609251
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/10013071803
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 …
Persistent link: https://www.econbiz.de/10013056777
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 …
Persistent link: https://www.econbiz.de/10014074990
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/10014025324
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 …
Persistent link: https://www.econbiz.de/10014028271
The conventional wisdom views high levels of education as a prerequisite for democracy. This paper shows that existing …
Persistent link: https://www.econbiz.de/10014028317
and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic … and focusing on immigrants' exposure to democracy before migration. In all cases, the timing and nature of the effects are …
Persistent link: https://www.econbiz.de/10012658270
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 …
Persistent link: https://www.econbiz.de/10005094060
society consists of rich and poor individuals. The rich are initially in power, but expect to transition to democracy, which …. This enables them to reduce the amount of redistribution and public good provision in democracy. Moreover, the inefficient … rents for bureaucrats than would an efficient state structure. When the poor come to power in democracy, they will reform …
Persistent link: https://www.econbiz.de/10005094078