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We reexamine the effect of economic development on the level of democracy based on the data sets of Acemoglu et al … democracy. The zero-one-inflated beta distribution is more appropriate for continuous but bounded responses with non … democracy variables. Since our analysis highlights that the distribution of democracy is bimodal, we approximate the modes using …
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Excessive concentration increases national risk in an uncertain world. This paper views economic and political diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first presents economic and political diversification...
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to democracy in transnational settings in so far as both can be understood as reflexivity increasing instruments. The …
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This discussion paper is part of a series of contributions to the conference "Towards a Grammar of Justice in EU Law', which took place on 6-7 November 2014 at VU University Amsterdam, sponsored by ACCESS EUROPE Amsterdam, VU Centre for European Legal Studies and the Dutch Research Council VENI...
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Estimating two-step selection models, we find that more democratic governments are more likely to conclude preferential trade agreements (PTAs) and to agree to stricter investment provisions related to pre-establishment national treatment and investor-state dispute settlement in PTAs. This is...
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