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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5514 |
DP5514 Birth Order and Sibship Sex Composition as Instruments in the Study of Education and Earnings | |
Robert J. Gary-Bobo; Ana Prieto; Natalie Picard | |
发表日期 | 2006-02-15 |
出版年 | 2006 |
语种 | 英语 |
摘要 | Does democracy promote economic development? We review recent attempts to addresses this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends - in a subtle way - on the details of democratic reforms. First, democratizations and economic liberalizations in isolation each induce growth accelerations, but countries liberalizing their economy before extending political rights do better than those carrying out the opposite sequence. Second, different forms of democratic government and different electoral systems lead to different fiscal and trade policies: this might explain why new presidential democracies grow faster than new parliamentary democracies. Third, it is important to distinguish between expected and actual political reforms: expectations of regime change have an independent effect on growth, and taking expectations into account helps identify a stronger growth effect of democracy. |
主题 | International Macroeconomics ; Public Economics |
关键词 | Democracy Reform Growth Institutions Difference-in-difference estimations |
URL | https://cepr.org/publications/dp5514 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534371 |
推荐引用方式 GB/T 7714 | Robert J. Gary-Bobo,Ana Prieto,Natalie Picard. DP5514 Birth Order and Sibship Sex Composition as Instruments in the Study of Education and Earnings. 2006. |
条目包含的文件 | 条目无相关文件。 |
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