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Property rights, whose security is often threatened by civil conflict, are a necessary condition for the establishment of a market economy. Yet a fundamental and unresolved empirical question is whether the lack of political and civil freedoms is one of the root causes of greater insecurity....
Persistent link: https://www.econbiz.de/10014070871
A fundamental question about the determinants of civil conflict is the relative importance of political freedoms versus economic development. This paper takes a new approach to provide an answer by using micro-data based on surveys of revolutionary tastes of 130,000 people living in 61 nations...
Persistent link: https://www.econbiz.de/10014113209
variance decomposition analyses to track the response of protests to shocks in the level of corruption. Using annual data from … 1962 to 2019, we find a positive and significant response of protests to a positive shock in the news-based corruption … reflection index. We also show that the main channels where higher corruption may lead to higher internal protests are through …
Persistent link: https://www.econbiz.de/10012803751
Trust among individuals in society may have various economic and social implications. Though, worldwide data on economic growth seldom deem trust as an ingredient in manipulating economic outcomes. Thus, in this model trust is included instigating from an individual, affecting community and...
Persistent link: https://www.econbiz.de/10014343893
Existing indices of ethnic diversity are generally based on pre-defined groups, disregarding the (dis)similarities between them. This paper proposes an index that includes the dissimilarity in language, ethno-racial characteristcs and religion between groups. The resulting distance-adjusted...
Persistent link: https://www.econbiz.de/10011421911
China is a country in great transformation. Over the last three decades the highly remarkable economic performance of the once low-income and inward-looking state of China has attracted increasing interest from academics and policymakers. China's astounding transformation is reflected not only...
Persistent link: https://www.econbiz.de/10013065717
institutions, geography and integration on per capita income. Concerning theoretical reasoning, emphasis is on the emergence of … institutions and their effect on economic growth. However, institutions can appear in different shapes since political, legal and …, a differentiation between formal and informal institutions is made. The regression results affirm a crucial role of …
Persistent link: https://www.econbiz.de/10013141261
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
frequently overturned and redefined by revolution. A fundamental question for economists is what makes revolutions more likely to …
Persistent link: https://www.econbiz.de/10014133515
country. This paper provides the first evidence that the positive effect of importing good institutions cancels out when the … receiving territories are characterized by cultural traits in conflict with those embedded in the imported institutions. We … French institutions in Protestant areas. Then, using hand-collected data on pre-Napoleonic reigns we show that kingdoms with …
Persistent link: https://www.econbiz.de/10011405198