Political institutions as substitute for democracy: a political economy analysis of economic growth

Detalhes bibliográficos
Autor(a) principal: Pereira, Carlos
Data de Publicação: 2009
Outros Autores: Teles, Vladimir Kuhl
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/2752
Resumo: This manuscript empirically assesses the effects of political institutions on economic growth. It analyzes how political institutions affect economic growth in different stages of democratization and economic development by means of dynamic panel estimation with interaction terms. The new empirical results obtained show that political institutions work as a substitute for democracy promoting economic growth. In other words, political institutions are important for increasing economic growth, mainly when democracy is not consolidated. Moreover, political institutions are extremely relevant to economic outcomes in periods of transition to democracy and in poor countries with high ethnical fractionalization.
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spelling Pereira, CarlosTeles, Vladimir KuhlEscolas::EESP2009-09-03T18:18:12Z2009-09-03T18:18:12Z2009-09-03http://hdl.handle.net/10438/2752This manuscript empirically assesses the effects of political institutions on economic growth. It analyzes how political institutions affect economic growth in different stages of democratization and economic development by means of dynamic panel estimation with interaction terms. The new empirical results obtained show that political institutions work as a substitute for democracy promoting economic growth. In other words, political institutions are important for increasing economic growth, mainly when democracy is not consolidated. 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dc.title.eng.fl_str_mv Political institutions as substitute for democracy: a political economy analysis of economic growth
title Political institutions as substitute for democracy: a political economy analysis of economic growth
spellingShingle Political institutions as substitute for democracy: a political economy analysis of economic growth
Pereira, Carlos
Political institutions
Economic growth
Democracy
Economia
Economia
title_short Political institutions as substitute for democracy: a political economy analysis of economic growth
title_full Political institutions as substitute for democracy: a political economy analysis of economic growth
title_fullStr Political institutions as substitute for democracy: a political economy analysis of economic growth
title_full_unstemmed Political institutions as substitute for democracy: a political economy analysis of economic growth
title_sort Political institutions as substitute for democracy: a political economy analysis of economic growth
author Pereira, Carlos
author_facet Pereira, Carlos
Teles, Vladimir Kuhl
author_role author
author2 Teles, Vladimir Kuhl
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.author.fl_str_mv Pereira, Carlos
Teles, Vladimir Kuhl
dc.subject.por.fl_str_mv Political institutions
Economic growth
Democracy
topic Political institutions
Economic growth
Democracy
Economia
Economia
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
description This manuscript empirically assesses the effects of political institutions on economic growth. It analyzes how political institutions affect economic growth in different stages of democratization and economic development by means of dynamic panel estimation with interaction terms. The new empirical results obtained show that political institutions work as a substitute for democracy promoting economic growth. In other words, political institutions are important for increasing economic growth, mainly when democracy is not consolidated. Moreover, political institutions are extremely relevant to economic outcomes in periods of transition to democracy and in poor countries with high ethnical fractionalization.
publishDate 2009
dc.date.accessioned.fl_str_mv 2009-09-03T18:18:12Z
dc.date.available.fl_str_mv 2009-09-03T18:18:12Z
dc.date.issued.fl_str_mv 2009-09-03
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/2752
url http://hdl.handle.net/10438/2752
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Textos para Discussão;196
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