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democratizers, experiencing repeated episodes without regime change reduces growth in democracy whereas length of episode does not. … that modelling regime change in two stages rather than a single event yields stronger long-run growth effects. Among …
Persistent link: https://www.econbiz.de/10014529838
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …
Persistent link: https://www.econbiz.de/10011532389
produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices …
Persistent link: https://www.econbiz.de/10012018171
democracy (186 countries, 1960-2014). The method takes its name from a machine learning technique for pattern recognition and … creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on … results are affected by conceptual and methodological changes in the measure of democracy. In particular, we show that …
Persistent link: https://www.econbiz.de/10011815823
democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …
Persistent link: https://www.econbiz.de/10010291403
Increasing the realism with respect to the representation of actors, decision-making, and institutions is critical to … better understand the transition towards a low-carbon sustainable society since actors, decision-making, and institutions are …
Persistent link: https://www.econbiz.de/10011816749
institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the … relationship between institutions and various response variables related to environmental performance and environmental policy have …
Persistent link: https://www.econbiz.de/10011492409
(Islamic) law. These theories take as exogenous the cultural values that complement the prevailing institutions. As a result … institutional environment. In this paper, we address these issues by modeling the joint evolution of institutions and culture. In …
Persistent link: https://www.econbiz.de/10012581963
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have …
Persistent link: https://www.econbiz.de/10010279576
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …
Persistent link: https://www.econbiz.de/10011390781