Key determinants of elite rivalry: theoretical insights and empirical evidence
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://hdl.handle.net/1822/54804 |
Resumo: | In this paper we empirically examine the key determinants of elite rivalry and identify their main channels of transmission, thus contributing to the sparse literature on the topic. Our results clearly indicate that the income level, human capital, the system of checks and balances, natural resources rents, and colonization experience (or, alternatively, the identity of a country's colonizer) are strong determinants of the observed elite rivalry levels. The determining effect of the first three factors is highly significant and positive, while that of the last two factors is highly significant and negative. These results imply that higher levels of education and income per capita and a more efficient separation of powers contribute to reduce the elite rivalry level, while past experience as a colony and higher rents from natural resources contribute to aggravate it. As regards the transmission channels, the quantification of effects shows that about 60% of the determining factors' overall effect on elite rivalry is transmitted through the legal system and property rights and the political risk channels, mainly coming from the income level and natural resources rents, which cumulatively account for around 45% of the total effect. In sum, our empirical findings indicate that a more efficient institutional model and specific historical and economic factors, can in fact determine the level of elite rivalry in the long run. |
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Key determinants of elite rivalry: theoretical insights and empirical evidenceElite rivalryInstitutionsEconomic growth and developmentInequalityTransmission channelsIn this paper we empirically examine the key determinants of elite rivalry and identify their main channels of transmission, thus contributing to the sparse literature on the topic. Our results clearly indicate that the income level, human capital, the system of checks and balances, natural resources rents, and colonization experience (or, alternatively, the identity of a country's colonizer) are strong determinants of the observed elite rivalry levels. The determining effect of the first three factors is highly significant and positive, while that of the last two factors is highly significant and negative. These results imply that higher levels of education and income per capita and a more efficient separation of powers contribute to reduce the elite rivalry level, while past experience as a colony and higher rents from natural resources contribute to aggravate it. As regards the transmission channels, the quantification of effects shows that about 60% of the determining factors' overall effect on elite rivalry is transmitted through the legal system and property rights and the political risk channels, mainly coming from the income level and natural resources rents, which cumulatively account for around 45% of the total effect. In sum, our empirical findings indicate that a more efficient institutional model and specific historical and economic factors, can in fact determine the level of elite rivalry in the long run.E. Sochirca acknowledges the nancial support from Fundação para a Ciência e a Tecnologia (FCT), Portugal, through the post-doctoral grant SFRH/BPD/109307/2015. The authors are thankfull for the funding with COMPETE reference n. POCI-01-0145-FEDER-006683 (UID/ECO/ 03182/2013), with the FCT/MEC's (Fundaçãoo para a Ciência e a Tecnologia, I.P.) through national funding and by the ERDF through the Operational Programme on Competitiveness and Internationalization - COMPETE 2020 under the PT2020 Partnership Agreement.info:eu-repo/semantics/publishedVersionUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoSochirca, ElenaVeiga, Francisco José20182018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/54804enghttp://www.nipe.eeg.uminho.pt/Uploads/WP_2018/NIPE_WP_2_2018.pdfinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:32:53Zoai:repositorium.sdum.uminho.pt:1822/54804Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:28:19.114385Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
title |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
spellingShingle |
Key determinants of elite rivalry: theoretical insights and empirical evidence Sochirca, Elena Elite rivalry Institutions Economic growth and development Inequality Transmission channels |
title_short |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
title_full |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
title_fullStr |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
title_full_unstemmed |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
title_sort |
Key determinants of elite rivalry: theoretical insights and empirical evidence |
author |
Sochirca, Elena |
author_facet |
Sochirca, Elena Veiga, Francisco José |
author_role |
author |
author2 |
Veiga, Francisco José |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Sochirca, Elena Veiga, Francisco José |
dc.subject.por.fl_str_mv |
Elite rivalry Institutions Economic growth and development Inequality Transmission channels |
topic |
Elite rivalry Institutions Economic growth and development Inequality Transmission channels |
description |
In this paper we empirically examine the key determinants of elite rivalry and identify their main channels of transmission, thus contributing to the sparse literature on the topic. Our results clearly indicate that the income level, human capital, the system of checks and balances, natural resources rents, and colonization experience (or, alternatively, the identity of a country's colonizer) are strong determinants of the observed elite rivalry levels. The determining effect of the first three factors is highly significant and positive, while that of the last two factors is highly significant and negative. These results imply that higher levels of education and income per capita and a more efficient separation of powers contribute to reduce the elite rivalry level, while past experience as a colony and higher rents from natural resources contribute to aggravate it. As regards the transmission channels, the quantification of effects shows that about 60% of the determining factors' overall effect on elite rivalry is transmitted through the legal system and property rights and the political risk channels, mainly coming from the income level and natural resources rents, which cumulatively account for around 45% of the total effect. In sum, our empirical findings indicate that a more efficient institutional model and specific historical and economic factors, can in fact determine the level of elite rivalry in the long run. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018 2018-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/1822/54804 |
url |
https://hdl.handle.net/1822/54804 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://www.nipe.eeg.uminho.pt/Uploads/WP_2018/NIPE_WP_2_2018.pdf |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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