Are All Democracies Equally Good? The Role of Interactions between Political Environment and Inequality for Rule of Law

Using cross-country data, we find evidence for a significant negative interaction effect between democracy and inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with institutions of higher quality when inequality is lower.

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Year of publication:	2007-08
Authors:	Sunde, Uwe ; Cervellati, Matteo ; Fortunato, Piergiuseppe
Institutions:	Institute for the Study of Labor (IZA)
Subject:	inequality \| democracy \| institutions \| rule of law \| interactions

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2984 10 pages
Classification:	O43 - Institutions and Growth ; P48 - Legal Institutions; Property Rights ; P14 - Property Rights
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005703417