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dc.contributor.authorApolte, Thomasen_US
dc.date.accessioned2011-11-17en_US
dc.date.accessioned2011-11-17T16:40:37Z-
dc.date.available2011-11-17T16:40:37Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/51376-
dc.description.abstractThis paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a panel of 25 countries over 19 years. Earlier investigations found political and economic liberalization to be positively correlated whereas the relation between political liberalization and prosperity remained unclear. In this paper, a hump-shaped relationship between political liberalization and growth is found, such that a rise in democracy levels promotes growth only under initially low democracy levels. Furthermore, economic and political liberalization turn out to be positively related, but with surprisingly small coefficients.en_US
dc.language.isoengen_US
dc.publisherCAWM Münsteren_US
dc.relation.ispartofseriesCAWM discussion paper / Centrum für Angewandte Wirtschaftsforschung Münster 26en_US
dc.subject.jelO43en_US
dc.subject.jelP16en_US
dc.subject.jelP36en_US
dc.subject.ddc330en_US
dc.subject.keywordTransition Economicsen_US
dc.subject.keywordPublic Choiceen_US
dc.subject.keywordDemocracyen_US
dc.subject.keywordGrowthen_US
dc.titleDemocracy and prosperity in two decades of transitionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn672443376en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:cawmdp:26-
Appears in Collections:CAWM Discussion Papers, Universität Münster

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