Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51376 
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dc.contributor.authorApolte, Thomasen
dc.date.accessioned2011-11-17-
dc.date.accessioned2011-11-17T16:40:37Z-
dc.date.available2011-11-17T16:40:37Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aWestfälische Wilhelms-Universität Münster, Centrum für Angewandte Wirtschaftsforschung (CAWM) |cMünsteren
dc.relation.ispartofseries|aCAWM Discussion Paper |x26en
dc.subject.jelO43en
dc.subject.jelP16en
dc.subject.jelP36en
dc.subject.ddc330en
dc.subject.keywordTransition Economicsen
dc.subject.keywordPublic Choiceen
dc.subject.keywordDemocracyen
dc.subject.keywordGrowthen
dc.titleDemocracy and prosperity in two decades of transition-
dc.typeWorking Paperen
dc.identifier.ppn672443376en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cawmdp:26en

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