Nguena, Christian Lambert - In: European journal of comparative economics 19 (2022) 2, pp. 195-225
This paper questions the effect of democracy on regulatory reforms by mainly checking whether the observed differences … democracy. Our results, based primarily on the Oaxaca - Blinder decomposition approach, suggest that democracy is not the basis … of these observed differences. This calls into question the importance of democracy when it comes to unleashing the …