G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5514
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
URLhttps://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.
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