Employing a novel empirical framework with a well-tested data set, we estimate the optimal level and transmission channels of the level of political rights on the growth rate of real GDP. Our study concludes that mild autocracy can raise the growth rate in real GDP by reducing government...

In this paper, we formulate a political system that can satisfy certain desirable characteristics, namely: 1. democratic participation 2. serving for universal interest 3. public sector efficiency 4. sustainability by incentive compatibility and virtuous cycles. It is a political structure that...

The development process and technological improvements since the industrial revolution are characterized by substantial increases in the quantity and variety of tools/machines/materials adopted in production. It is difficult to reject empirically that proliferation of tools variety is the...

In this paper, we build a simple model to explain the choice of migration method and the root causes of international human trafficking (IHT). Our analyses result in several implications on the problems related to IHT. First, IHT is driven by poverty and international productivity/living quality...