Arbeitspapier

No country for old men: Aging dictators and economic growth

This paper develops a model of the relationship between the age of a dictator and economic growth. In the model a dictator must spread the resources of the economy over his reign but faces mortality and political risk. The model shows that if the time horizon of the dictator decreases, either due to an increase of mortality risk or political risk, the economic growth rate decreases. The model predictions are supported by empirical evidence based on a threeway fixed effects model including country, year and dictator fixed effects for a sample of dictators from 116 countries. These results are robust to sample selection, the tenure of dictators, the definition of dictatorship, and a broad set of economic growth determinants.

Sprache
Englisch

Erschienen in
Series: KOF Working Papers ; No. 289

Klassifikation
Wirtschaft
Structure, Scope, and Performance of Government
Macroeconomic Analyses of Economic Development
Institutions and Growth
Thema
Aging
economic growth
government performance
political instability
political leaders
Diktatur
Staatsoberhaupt
Sterblichkeit
Wirtschaftswachstum
Politische Stabilität
Systemvergleich
Welt

Ereignis
Geistige Schöpfung
(wer)
Jong-A-Pin, Richard
Mierau, Jochen O.
Ereignis
Veröffentlichung
(wer)
ETH Zurich, KOF Swiss Economic Institute
(wo)
Zurich
(wann)
2011

DOI
doi:10.3929/ethz-a-006668259
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Jong-A-Pin, Richard
  • Mierau, Jochen O.
  • ETH Zurich, KOF Swiss Economic Institute

Entstanden

  • 2011

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