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The political U : new evidence on democracy and income
Campos, Nauro; Coricelli, Fabrizio; Frigerio, Marco - 2022
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
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Diffusion of technology and convergence of income among countries
Oz, Sumru - 2014 - Preliminary version; April 9, 2014
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
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Directed Technological Change & Cross-Country Income Differences : A Quantitative Analysis
Jerzmanowski, Michal - 2019
The first step in understanding international income differences is measuring supplies of various factors of production and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as imperfect substitutes. However, under this approach, it...
Persistent link: https://www.econbiz.de/10012869262
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Inequality and the Instability of Polity and Policy
Dutt, Pushan; Mitra, Devashish - 2007
to democracy and vice versa (consistent with the recent theoretical work by Acemoglu and Robinson) but, unlike older …
Persistent link: https://www.econbiz.de/10014064089
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Structural development accounting
Gancia, Gino Alessandro; Müller, Andreas; Zilibotti, … - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10009739171
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Structural Development Accounting
Gancia, Gino; Müller, Andreas; Zilibotti, Fabrizio - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
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Factor shares, redistribution and growth in a captured democracy
Vindigni, Andrea - 2024
benchmark, mutatis mutandis. In the end, full convergence is established, from a pure democracy ruled through the de jure power …
Persistent link: https://www.econbiz.de/10014461501
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Inequality Undermines Democracy and Growth
Gylfason, Thorvaldur - 2019
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
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Democracy, Redistribution and Inequality
Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - 2013
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10013071803
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Chapter 21. Democracy, Redistribution, and Inequality
Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - In: Handbook of income distribution : volume 2, (pp. 1885-1966). 2015
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10014025324