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, promoting economic development jointly with the consolidation of democracy … years. Democratic capital -- measured by a nation's historical experience with democracy and by the incidence of democracy … in its neighborhood -- reduces the exit rate from democracy and raises the exit rate from autocracy. In democracies, a …
Persistent link: https://www.econbiz.de/10012761656
opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form … of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices …
Persistent link: https://www.econbiz.de/10014066490
A long-standing debate pits those who think economic development leads to democratization against those who argue that … that development is associated with more democratic government--but in the medium run (10 to 20 years). The reason is that … from power. And in the short run, faster economic growth increases the leader's odds of survival. This logic--for which I …
Persistent link: https://www.econbiz.de/10013123698
fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country …
Persistent link: https://www.econbiz.de/10013056591
Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution … growth in general, but also that differences in economic inequality across the American continent during the 19th century are … more important in understanding long-run development paths and document that municipalities with greater political …
Persistent link: https://www.econbiz.de/10012759965
the amount of resource rent that leaves the country) and economic development, considering the cases of democracy and … always benefit the incumbent, whether the country is a democracy or an autocracy. We then suggest that the relation between …
Persistent link: https://www.econbiz.de/10013011934
democracy, with better quality institutions, and higher level of economic development …We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the … national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor …
Persistent link: https://www.econbiz.de/10013088393
the income frontier. Using this measure of development, we extend the test for the two-way relationship between democracy …-way relationships with development. In the restricted sample of non-OECD countries, however, democracy hurts development …This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using …
Persistent link: https://www.econbiz.de/10013073949
We present evidence on the differences in the intensity with which ten major technologies are used in 185 countries across the world. We do so by calculating how many years ago these technologies were used in the U.S. at the same intensity as they are used in the countries in our sample. We...
Persistent link: https://www.econbiz.de/10012760552
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output gains are U-shaped: A worldwide labor market...
Persistent link: https://www.econbiz.de/10012751700