Showing 41 - 50 of 31,784
This paper examines how party dominance affects elected politicians’ quality, measured by their career path. Politicians’ career is divided between political and technical or administrative posts. To examine the relationship between party dominance and career path, I use data from the...
Persistent link: https://www.econbiz.de/10014119979
Public contracts seem to be “expensive” and “inefficient” compared to pure private contracts. Higher prices and inefficiencies in the implementation of public contracts result from their specificity and rigidity, which is how public agents limit hazards from third-party opportunism. We...
Persistent link: https://www.econbiz.de/10013067644
We develop a theoretical framework where the chance of any given democratic society maintaining its democratic status is determined by two key factors: economic security and democratic capital. Our model predicts democracy breakdown is more likely (1) the lower the level of democratic capital,...
Persistent link: https://www.econbiz.de/10011220560
Since the beginning of the year 2011, the political crisis of Sudan expands everyday. The inevitable secession of Southern Sudan amplifies with the chronic crisis of Abyei pocket between the north and the south. However, most analysts vocalize their astonishment at irrational official behavior...
Persistent link: https://www.econbiz.de/10009147587
We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...
Persistent link: https://www.econbiz.de/10011112508
Conventional arguments suggest that republics ought to grow faster than monarchies and experience lower transitional costs following reforms. We employ a panel of 27 countries observed from 1820 to 2000 to estimate these differences. Results show no significant growth differences between the two...
Persistent link: https://www.econbiz.de/10010903198
This paper explores the extent to which episodes of democratization can be explained by variation in income inequality. Modern empirical tests of this relationship have generally yielded null results, which we argue follow from the estimation of mis-specified models. Guided by a theoretical...
Persistent link: https://www.econbiz.de/10010929538
In this paper, we formulate a political system that can satisfy certain desirable characteristics that include democratic participation, serving for universal interest, public sector efficiency, and sustainable by incentive compatibility and virtuous cycles. The system comprises a set of rules...
Persistent link: https://www.econbiz.de/10009399163
We introduce a dynamic model that investigates the persistence and evolution of elite-dominated societies, where inherited political capital determines one's social standing. Our analysis highlights the critical role of the distribution of exit options in the evolution of political inclusiveness...
Persistent link: https://www.econbiz.de/10014377385
Standard theoretical arguments suggest that republics ought to grow faster than monarchies and experience lower transitional costs following reforms. We employ a panel of 27 countries observed from 18202000 to explore whether regime types and institutional reforms have differential growth...
Persistent link: https://www.econbiz.de/10004992685