Llavador, Humberto; Oxoby, Robert - Department of Economics and Business, Universitat … - 2003
analyze the effects of franchise changes on economic growth. We identify in the social structure of society an explanation for … the connection between enfranchisement and growth: When (1) there exist an economic conflict among the elite, (2) landed … classes are not politically strong, and (3) there exists a critical mass of industrial workers, we observe both growth and …