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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/10008462098
Nach einem kurzen Rückblick auf das Downs-Modell diskutieren wir anhand empirischer Daten aus Deutschland dessen heutige Relevanz unter Berücksichtigung der aus der Fairness-Literatur bekannten Ungleichheitsaversion (UA). Dabei wird der Begriff der sozialen Präferenzen um das neue Konzept der...
Persistent link: https://www.econbiz.de/10009004691
The aim of this paper is to determine which country-specific characteristics promote and which impede the adoption of institutions. On the basis of a broad panel of 183 countries for the period between 1996 and 2010, we test whether there are tendencies towards a general improvement and towards...
Persistent link: https://www.econbiz.de/10010984522
democracy on economic performance, providing evidence of a non-linear relationship between democracy and economic growth …. Regions with high levels of democracy, as well as strong autocracies, perform better than hybrid regimes. Second, this article …
Persistent link: https://www.econbiz.de/10010994401
Persistent link: https://www.econbiz.de/10010994550
a tumultuous half-century in which the region went from backwater to breadbasket, from dictatorship to democracy, and …
Persistent link: https://www.econbiz.de/10010943360
The paper provides a survey of theoretical and empirical literature on non-linear impact of democracy on economic … of some semi-democracies and semi-autocracies. Finally, it discusses the opportunity to test the growthand- democracy …
Persistent link: https://www.econbiz.de/10010928117
The ratings of economic and political institutions are well-known and widely used in the Social Science literature. These ratings are heavily relied on Experts' evaluations with subjective ordinal ranking (i.g., from -10 to 10 points). Such evaluations can be occasionally driven by ideological...
Persistent link: https://www.econbiz.de/10010929542
After evening out all the benefits and costs, the overall optimal level of democracy is about 3.2, on a scale of 1 to 7 … have a conditioned growth rate of 1.146 while countries with the optimal level of democracy/autocracy have a conditioned … growth rate of 2.665. In the case of a fully dictatorial country, moving one unit towards democracy can raise the GDP growth …
Persistent link: https://www.econbiz.de/10011210493
Persistent link: https://www.econbiz.de/10005344530