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Democracy and development : the devil in the details
Persson, Torsten; Tabellini, Guido - 2006
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
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Do autocratic states trade less?
Aidt, Toke S.; Gassebner, Martin - 2007
The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...
Persistent link: https://www.econbiz.de/10010277794
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De-constitutionalization and majority rule: A democratic vision for Europe
Scharpf, Fritz W. - 2016
European integration has come to constrain the capacity for democratic political action in EU member states through the judicial constitutionalization of "economic liberties," whereas the capacity for effective political action at the European level is narrowly constrained by the multiple-veto...
Persistent link: https://www.econbiz.de/10011583675
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Forced structural convergence in the eurozone: Or a differentiated European monetary community
Scharpf, Fritz W. - 2016
Eight years after the onset of the "Great Recession," the eurozone is deeply split between "Northern" EMU economies that seem to be doing reasonably well and "Southern" countries that continue to struggle with socioeconomic catastrophe. This paper argues that the continuing malaise is a...
Persistent link: https://www.econbiz.de/10011598859
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Income and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)
Gundlach, Erich; Paldam, Martin - 2008
-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their … reveals the strong effect of income on democracy. …
Persistent link: https://www.econbiz.de/10010263527
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Two views on institutions and development: the grand transition vs the primacy of institutions
Paldam, Martin; Gundlach, Erich - 2007
two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …
Persistent link: https://www.econbiz.de/10010265602
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Internal and external political competition
Hugh-Jones, David - 2009
subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits … democracy, and rulers are less eager to oppose it, when external competition is high. In a panel of countries, there are fewer … changes towards democracy when states have low GDP relative to their neighbours. …
Persistent link: https://www.econbiz.de/10010267098
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Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Sunde, Uwe - 2006
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
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Why populist democracy promotes market liberalization
Grosjean, Pauline; Senik, Claudia - 2008
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. …
Persistent link: https://www.econbiz.de/10010268619
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Two views on institutions and development: The grand transition vs. the primacy of institutions
Paldam, Martin; Gundlach, Erich - 2007
two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …
Persistent link: https://www.econbiz.de/10010273104