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This paper analyzes the utilization of repression and democratic institutions by a non-democratic government striving for political power and private rents. We find that economic development has different impacts on policy choices, depending on whether it appears in the form of rises in income...
Persistent link: https://www.econbiz.de/10011623029
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
hand, the expanse of government activities promotes economic growth from the Keynesian theory on functional financial and … inertia and new economic demand for government service in transition will lead to the growth of government departments faster … than the growth of economy. However, this kind of inverted U relationship does not violate the general negative …
Persistent link: https://www.econbiz.de/10014211712
We study the long-run and multi-generational effects of a mass education program in Vietnam during the First Indochina War (1946-1954). Difference-in-difference estimations indicate that the children of mothers exposed to the education program had an average of 0.9 more years of education. We...
Persistent link: https://www.econbiz.de/10014256261
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
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