Showing 1 - 10 of 146
Persistent link: https://www.econbiz.de/10003647653
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10003808628
Persistent link: https://www.econbiz.de/10003443178
We develop a model of Schumpeterian growth where political connections with long-term politicians can be exploited by low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors. Through personal relationships developed with the incumbent...
Persistent link: https://www.econbiz.de/10008824493
Persistent link: https://www.econbiz.de/10003565906
We empirically investigate whether the persistence of politicians in political institutions affects the innovation activity of firms. We use 12,000 firm-level observations from three waves of the Italian Observatory over Small and Medium Enterprises, and introduce a measure of political...
Persistent link: https://www.econbiz.de/10009010055
Persistent link: https://www.econbiz.de/10010229539
Persistent link: https://www.econbiz.de/10010258533
In this paper we perform an empirical analysis to investigate the impact of socio-economic heterogeneity on electoral turnout. We exploit a unique dataset on local elections in an Italian municipality, which merges information on socio-economic characteristics of about 370.000 individuals with...
Persistent link: https://www.econbiz.de/10010412746
Persistent link: https://www.econbiz.de/10002132190