| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16587 |
| DP16587 Democracy Doesn’t Always Happen Over Night: Regime Change in Stages and Economic Growth | |
| Markus Eberhardt; Vanessa Boese | |
| 发表日期 | 2021-09-27 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | How substantial are the economic benefits from democratic regime change? We argue that democratisation is not a discrete event but a two-stage process: autocracies first enter into 'episodes' of political liberalization; in the second stage, these episodes either culminate in regime change or not. Failure to account for this chronology and the implicit counterfactual groups risks biased estimates due to selection effects. Adopting a repeated-treatment difference-in-difference implementation, which captures non-parallel trends and selection into treatment, we find that a single event approach substantially underestimates the economic dividends from regime change and, crucially, obscures the permanent growth effect of democratisation. |
| 主题 | Macroeconomics and Growth ; Political Economy |
| 关键词 | Democracy Growth Political development Interactive fixed effects Difference-in-difference |
| URL | https://cepr.org/publications/dp16587 |
| 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/545536 |
| 推荐引用方式 GB/T 7714 | Markus Eberhardt,Vanessa Boese. DP16587 Democracy Doesn’t Always Happen Over Night: Regime Change in Stages and Economic Growth. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
