|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20749
|
| | |
| Title: | | Hobbes to Rousseau : Inequality, Institutions, and Development  |
| Authors: | | Cervellati, Matteo Fortunato, Piergiuseppe Sunde, Uwe |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion paper series 1450 |
| Abstract: | | We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be implemented under oligarchy, and when democratization is necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely, institutions shape the income distribution. Simulations illustrate how inequality affects the development process and may lead to overtaking and divergence. The implications are in line with historical and empirical evidence. |
| Subjects: | | inequality democratization institutions state of law long-term development |
| JEL: | | N10 O20 H10 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| Files in This Item:
| |
| File |
Description |
Size | Format |
| dp1450.pdf | | 462.01 kB | Adobe PDF |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/20749
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|