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Registros recuperados: 8
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Democracy and Economic Growth in China: Evidence from Cointegration and Causality Testing AgEcon
Narayan, Paresh Kumar; Smyth, Russell.
This article considers the relationship between democracy and economic growth in China using the Error-Correction Mechanism test for cointegration, Autoregressive Distributed Lag modelling, Granger causality and dynamic modelling via variance decomposition and impulse response analysis. Our main findings are that in the long run the lack of democracy in China has had a statistically significant negative effect on real income, while in the short run democracy has had a statistically insignificant effect on economic growth. Our results suggest that in the long run growth in capital, labour and democracy Granger cause economic growth, while in the short run there is bi-directional Granger causality between democracy and economic growth.
Tipo: Journal Article Palavras-chave: China; Democracy; Economic growth; International Development; C22; E23.
Ano: 2006 URL: http://purl.umn.edu/50282
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Democracy and FDI AgEcon
Busse, Matthias.
Many believe that multinational enterprises insensitively ignore political rights and civil liberties in the countries of their investments. Frequently, non-governmental organisations accuse multinationals of fostering repressive regimes in developing countries and consider foreign direct investment (FDI) as a tool of exploitation. This paper tries to examine empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis. The results indicate that - on average - investments by multinationals are significantly higher in democratic countries, thereby refuting the hypothesis that political repression fosters FDI. Yet this positive link does not hold for the 1970s, when a considerable share of...
Tipo: Working or Discussion Paper Palavras-chave: FDI; Democracy; Political Rights; Civil Liberties; Political Economy; C31; C 33; F21; F23.
Ano: 2003 URL: http://purl.umn.edu/26260
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Democracy, Property Rights, Income Equality, and Corruption AgEcon
Dong, Bin; Torgler, Benno.
This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a political economy model where the effect of democracy on corruption is conditional on income distribution and property rights protection. Our empirical analysis with cross-national panel data provides evidence that is consistent with the theoretical prediction. Moreover, the effect of democratization on corruption depends on the protection of property rights and income equality which shows that corruption is a nonlinear function of these variables. The results indicate that democracy will work better as a control of corruption if the property rights system works and there is a low level of income inequality. On the other hand if property...
Tipo: Working or Discussion Paper Palavras-chave: Corruption; Democracy; Income inequality; Property rights; Political Economy; D73; H11; P16.
Ano: 2011 URL: http://purl.umn.edu/99685
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LOCAL GOVERNANCE AND PUBLIC GOODS PROVISION IN RURAL CHINA AgEcon
Zhang, Xiaobo; Fan, Shenggen; Zhang, Linxiu; Huang, Jikun.
In developing countries, identifying the most effective community-level governance structure is a key issue and, increasingly, empirical evaluation of the effects of democratization on the provision of local public goods is needed. Since the early 1990s, tens of thousands of villages in rural China have held local-government elections, providing a good opportunity to investigate the effect of democratization on the level of public goods provision. Using a recent village survey conducted over a significant period of time, this paper compares governance by elected officials with that of appointed cadres and finds that elected officials tend to tax constituents less and provide them with higher levels of public services.
Tipo: Working or Discussion Paper Palavras-chave: Governance; Democracy; Public goods provision; China; Public Economics; D73; H41; P35.
Ano: 2002 URL: http://purl.umn.edu/16120
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Reflections AgEcon
Ranis, Gustav.
This paper examines the causes of Taiwan's exceptional economic performance, focusing on the influence of organizational and policy choices and how Taiwan's example differs from those of more typical less-developed countries. After briefly citing cultural factors as proposed by his late colleague John Fei, Ranis proceeds to explore the issues of organic nationalism, natural resource endowment, access to foreign capital and other political factors that have produced such economic success. The author demonstrates how Taiwan's unique combination of strong organic nationalism, meager natural resources and limited access to foreign capital helped curb the Extended Dutch Disease phenomenon endemic in LDCs. In addition, the government's nonoscillatory, relatively...
Tipo: Working or Discussion Paper Palavras-chave: Economic development; LDC; Political economy; Taiwan; Extended Dutch disease; Democracy; International Development; Political Economy; O10; O11; O50; P16.
Ano: 1997 URL: http://purl.umn.edu/28422
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Scale mismatches and reflexive law Ecology and Society
Cumming, Graeme S.; University of Cape Town, South Africa; graeme.cumming@uct.ac.za.
Tipo: Peer-Reviewed article Palavras-chave: Democracy; Institution; Law; Reflexivity; Scale.
Ano: 2013
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Transfer of Institutions: Actors and Constraints - The Russian Case in a Global Context AgEcon
Oleinik, Anton.
Modernity is usually thought as a complex society with clearly differentiated spheres of everyday life. It means, in particular, that economic rules do not interfere with the norms structuring political, social, scientific and other interactions. The complex, differentiated society sharply contrasts with a "small" and homogeneous "pre-modern" society. The process of modernization, i.e. differentiation of the spheres of everyday life, can take various forms. In an advanced country it relies on internal forces. Modernization in this context looks like an evolutionary, "bottom-up" development. In a backward country (Russia and Germany in the first half of the 20th century), modernization requires a strong governmental (from the top to the bottom)...
Tipo: Working or Discussion Paper Palavras-chave: State bureaucracy; Economic backwardness; Catch-up modernization; Conservative modernization; Opportunism; Institutional constraints; Power; Authority; Invidious comparison; Institutional importation; Democracy; Shared mental model; Institutional and Behavioral Economics; A13; A14; B15; B25; B52; D73; H83; K42; N40; O17; P21; P37; P51.
Ano: 2005 URL: http://purl.umn.edu/26333
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Winners and Losers Post Democracy in Nigeria: A Look at Economic and Labor Market Outcomes AgEcon
Uwaifo, Ruth.
Replaced with revised version of paper on July 5, 2007.
Tipo: Conference Paper or Presentation Palavras-chave: Democracy; Disparities; Gender differences; Returns to education; Institutional change; International Development.
Ano: 2007 URL: http://purl.umn.edu/9966
Registros recuperados: 8
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