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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Autocracies and Development in a Global Economy: A Tale of Two Elites | |
Anders Akerman; Anna Larsson; Alireza Naghavi | |
发表日期 | 2011 |
出处 | Economy and Society |
出版年 | 2011 |
语种 | 英语 |
摘要 | Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have done remarkably well, others such as the Latin American economies have grown at much lower rates. In this paper, we propose a political economy explanation of these diverging paths of development by addressing the preferences of the country’s political elite. We build a theoretical framework where factors of production owned by the political elites differ across countries. In each country, the incumbent autocrat will cater to the preferences of the elites when setting trade policy and the property rights regime. We show how stronger property rights may lead to capital accumulation and labor reallocation to the manufacturing sector. This, in turn, can lead to a shift in the comparative advantage, a decision to open up to trade and an inflow of more productive foreign capital. Consistent with a set of stylised facts on East Asia and Latin America, we argue that strong property rights are crucial for success upon globalization. |
特色分类 | F10;F20;P14;P16;O10;O24 |
关键词 | Autocracy Growth Political Elites Landowners Capitalists Growth Miracles Trade Comparative Advantage Capital Mobility Property Rights |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/autocracies-and-development-in-a-global-economy-a-tale-of-two-elites/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117998 |
推荐引用方式 GB/T 7714 | Anders Akerman,Anna Larsson,Alireza Naghavi. Autocracies and Development in a Global Economy: A Tale of Two Elites. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2011911223371Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2013481425244NDL2011(630KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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