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Is inequality harmful for growth? We suggest that it is. In a society where distributional conflict is important … negative relation between inequality and growth. After a comprehensive sensitivity analysis, we conclude that our findings are … activities which promote growth, such as the accumulation of capital and productive knowledge. In this paper we formulate a …
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explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
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political competition have quantitatively important effects on state income growth, state policies, and quality of Governors. By …
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