Showing 1 - 10 of 13
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
Persistent link: https://www.econbiz.de/10010261420
years. Democratic capital -- measured by a nation's historical experience with democracy and by the incidence of democracy … in its neighborhood -- reduces the exit rate from democracy and raises the exit rate from autocracy. In democracies, a …, promoting economic development jointly with the consolidation of democracy …
Persistent link: https://www.econbiz.de/10012466494
Does democracy promote economic development? We review recent attempts to address this question, which exploit the … within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends … effect of democracy …
Persistent link: https://www.econbiz.de/10012466677
This paper considers an economy in which policymakers with different preferences concerning fiscal policy alternate in office as a result of democratic elections. It is shown that in this situation government debt becomes a strategic variable used by each policymaker to influence the choices of...
Persistent link: https://www.econbiz.de/10012476760
liberalizations correspond to the event of becoming a democracy. Using a difference-indifference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10010261237
This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
Persistent link: https://www.econbiz.de/10010261242
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
Persistent link: https://www.econbiz.de/10005094434
liberalizations correspond to the event of becoming a democracy. Using a difference-in-difference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10005661576
liberalizations correspond to the event of becoming a democracy. Using a difference-in-difference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10005766014
Does democracy promote economic development? We review recent attempts to addresses this question, which exploit the … within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends … effect of democracy. …
Persistent link: https://www.econbiz.de/10005789020