Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26193
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dc.contributor.authorBlume, Lorenzen_US
dc.contributor.authorMüller, Jensen_US
dc.contributor.authorVoigt, Stefanen_US
dc.date.accessioned2008-02-06en_US
dc.date.accessioned2009-07-28T08:28:53Z-
dc.date.available2009-07-28T08:28:53Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26193-
dc.description.abstractThis is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Its results are based on up to six new measures produced to reflect the legislative basis for using direct democratic institutions as well as their factual use. In addition, a more general overall indicator is used. On the basis of these two different data sets only some of the results of the former intra-country studies are confirmed. An analysis based on the more general democracy index for 87 countries shows that a higher degree of direct democracy leads to lower budget deficits and higher government effectiveness. The effects on government expenditure, corruption and productivity have the expected signs but do not reach conventional levels of significance. A more fine grained analysis for a cross section of 88 countries based on the second data set shows that institutional detail matters a great deal. In particular, the mere possibility of drawing on direct-democratic institutions is often not sufficient to induce significant effects whereas the frequency of their factual use has a number of substantive effects on economic variables.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo working paper|x2149en_US
dc.subject.jelH1en_US
dc.subject.jelH3en_US
dc.subject.jelH5en_US
dc.subject.jelH8en_US
dc.subject.ddc330en_US
dc.subject.keyworddirect democracyen_US
dc.subject.keywordeconomic effects of constitutionsen_US
dc.subject.keywordpositive constitutional economicsen_US
dc.subject.stwDemokratieen_US
dc.subject.stwMakroökonomischer Einflussen_US
dc.subject.stwÖkonomische Theorie der Demokratieen_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleThe economic effects of direct democracy: a first global assessmenten_US
dc.type|aWorking Paperen_US
dc.identifier.ppn55792040Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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