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We study the role of trade liberalization, democratization and their interaction for technology adoption. A general equilibrium theory with heterogeneous skills predicts a complementarity between trade and political regimes. Openness should accelerate technology adoption if coupled with...
Persistent link: https://www.econbiz.de/10013088332
democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …
Persistent link: https://www.econbiz.de/10013096152
inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …Using cross-country data, we find evidence for a significant negative interaction effect between democracy and …
Persistent link: https://www.econbiz.de/10013316859