Arbeitspapier
A note on the U-shaped relationship between political competition and economic freedom
We investigate a recent political theory of institutional change according to which institutions of economic freedom are more likely to be adopted at the extreme cases of strong and weak political competition than at cases in between. We find that such a U-shaped relationship is verified when controlling for other political variables and past economic growth, but disappears when controlling for the initial level of development. In this case, the relationship between political competition and the adoption of institutions of economic freedom appears to be positive and linear as suggested by the political principal-agent paradigm.
- Sprache
-
Englisch
- Erschienen in
-
Series: Development Research Working Paper Series ; No. 07/2008
- Klassifikation
-
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Structure, Scope, and Performance of Government
Comparative Studies of Countries
Capitalist Systems: Political Economy
- Thema
-
Economic Freedom
Institutional Change
Political Competition
Political Institutions
Institutioneller Wandel
Public Choice
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Saravia, Antonio
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Advanced Development Studies (INESAD)
- (wo)
-
La Paz
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Saravia, Antonio
- Institute for Advanced Development Studies (INESAD)
Entstanden
- 2008
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