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Are crises good for long-term growth? The role of political institutions
Cavallo, Alberto F.; Cavallo, Eduardo A. - 2008
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
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Globalization, institutions, and the ethnic divide: Recent longitudinal evidence
Wunnava, Phanindra V.; Mitra, Aniruddha; Prasch, Robert E. - 2012
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
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Democratization, quality of institutions and economic growth
Polterovich, Victor; Popov, Vladimir - 2007
There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …
Persistent link: https://www.econbiz.de/10011470774
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Income polarization and economic growth
Brzezinski, Michal - 2013
-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality … fairly robust to various model specifications and estimation techniques. …
Persistent link: https://www.econbiz.de/10010335431
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Inequality and economic growth: The empirical relationship reconsidered in the light of comparable data
Knowles, Stephen - 2001
measured in a consistent manner, using data from the World Income Inequality Database. However, evidence is found of a …
Persistent link: https://www.econbiz.de/10010279361
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Peaks vs. components
Vollmer, Sebastian; Holzmann, Hajo; Weisbrod, Julian - 2010
We analyze the cross-national distribution of GDP per capita and its evolution from 1970 to 2003. We argue that peaks are not a suitable measure for distinct growth regimes, because the number of peaks is not invariant under strictly monotonic transformations of the data (e.g. original vs. log...
Persistent link: https://www.econbiz.de/10010288996
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Has globalisation increased inequality?
Dreher, Axel; Gaston, Noel - 2006
There has been no shortage of theories which purport to explain why globalisation may have, adverse, insignificant or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use data on industrial wage...
Persistent link: https://www.econbiz.de/10010285880
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Governance, Demokratie und wirtschaftliche Entwicklung in den ehemals sozialistischen Staaten
Apolte, Thomas; Peters, Heiko - 2009
unterschiedlichem Tempo und sequencing den Weg zu Demokratie und einer marktwirtschaftlichen Wirtschaftsordnung. Die polit … die Frage, ob die Einführung von Demokratie angesichts umfassender ökonomischer Reformen nicht besser verzögert werden … sollte. Nach einer theoretischen Betrachtung von Governance, Demokratie und Reformen folgt in diesem Beitrag ein Überblick …
Persistent link: https://www.econbiz.de/10010300891
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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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Democracy and FDI
Busse, Matthias - 2003
empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis …
Persistent link: https://www.econbiz.de/10010295473