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Persistent link: https://www.econbiz.de/10003502815
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...
Persistent link: https://www.econbiz.de/10003301122
Persistent link: https://www.econbiz.de/10003873664
Is corruption systematically related to electoral rules? A number of studies have tried to uncover economic and social determinants of corruption but, as far as we know, nobody has yet empirically investigated how electoral systems influence corruption. We try to address this lacuna in the...
Persistent link: https://www.econbiz.de/10011397938
We investigate the effect of electoral rules and political regimes on fiscal policy outcomes in a panel of 61 democracies from 1960 and onwards. In presidential regimes, the size of government is smaller and less responsive to income shocks, compared to parliamentary regimes. Under majoritarian...
Persistent link: https://www.econbiz.de/10011398379
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We present a theoretical model of a parliamentary democracy, where party structures, government coalitions and fiscal policies are endogenously determined. The model predicts that, relative to proportional elections, majoritarian elections reduce government spending because they reduce party...
Persistent link: https://www.econbiz.de/10011404283
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...
Persistent link: https://www.econbiz.de/10010261420
Persistent link: https://www.econbiz.de/10002159249
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