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conducted adopting fixed effects methodologies (including a Mundlak procedure on a Negative Binomial random effects estimation …
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estimation results show a statistically significant and economically relevant positive effect of holding a county capital status …
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We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...
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