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all. Our empirical evidence does, however, support not only the "primacy of institutions" view, but also the important …
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This paper does three things. First, based on a limited number of theoretically established dimensions, it proposes a new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly into account. Second, using this indicator we shed new...
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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 …
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Why do some countries have better institutions than others? More specifically, what accounts for variation in the … quality of property rights institutions in different countries? In this paper, I empirically assess four different theories … relating to the determinants of property rights institutions: (1) the economic approach, which maintains that property rights …
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