Paldam, Martin (contributor); Gundlach, Erich (contributor) - 2007
the two views. Property rights do affect development as
suggested by the PoI. However, democracy is mainly an effect of …, primacy of institutions, democracy, corruption, development
Jel: B25, O1 … institutions and development.
We use two data sets to represent institutions throughout. They are the Polity index for
democracy …