Patient democracies?

Arbeitspapier

We test if the political regime of a country associates with the patience of the citizens. Recent findings indicate that i) more democratic countries tend to have higher growth, and ii) patience correlates positively with economic development, suggesting a potential link between the political regime and patience. We document a positive association between the level of democracy and patience for most of the political regime indices that we use, even after controlling for region, economic development, geographical conditions, and culture. We report some evidence that political participation is behind our findings.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CERS-IE Working Papers ; No. CERS-IE WP - 2020/12

Classification and Topics

• Classification: Wirtschaft ; Institutions: Design, Formation, Operations, and Impact ; Consumer Economics: Empirical Analysis
• Subject: democracy ; patience ; political regime ; time preferences

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Khayouti, Sára ; Kiss, Hubert János ; Horn, Dániel
• Event: Veröffentlichung
• (who): Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
• (where): Budapest
• (when): 2020

Further information

• Handle: http://hdl.handle.net/10419/222081
• Last update: 10.03.2025, 11:45 AM CET