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dc.contributor.authorPersson, Torstenen_US
dc.contributor.authorTabellini, Guidoen_US
dc.coverage.temporal1850-2000en_US
dc.date.accessioned2009-01-28T15:55:18Z-
dc.date.available2009-01-28T15:55:18Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/19136-
dc.description.abstractDoes democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political reforms matters: countries liberalizing their economy before extending political rights do better. Second, different forms of democratic government lead to different economic policies, and this might explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish between expected and actual political reforms. Taking expectations of regime change into account helps identify a stronger growth effect of democracy.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1672en_US
dc.subject.jelE0en_US
dc.subject.jelO1en_US
dc.subject.jelP0en_US
dc.subject.ddc330en_US
dc.subject.keyworddemocracyen_US
dc.subject.keywordreformen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordinstitutionsen_US
dc.subject.keyworddifference in differenceen_US
dc.subject.stwWirtschaftsordnungen_US
dc.subject.stwDemokratieen_US
dc.subject.stwWirtschaftsreformen_US
dc.subject.stwDeregulierungen_US
dc.subject.stwWahlsystemen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwKorrelationen_US
dc.subject.stwWelten_US
dc.titleDemocracy and development : the devil in the detailsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn510023584en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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