Seim, Anna Larsson; Parente, Stephen L. - In: European Economic Review 64 (2013) C, pp. 35-56
were likewise autocratic. At the same time, no long-lived autocracy currently is rich whereas every long-lived democracy is …. This paper proposes a theory to account for these observations that rests on the ideas that autocrats are heterogeneous and … that elites experience lower land rents with industrialization. In a model calibrated to Britain's development, we show …