✦ LIBER ✦

Political regime type and variation in economic growth rates

✍ Scribed by Erich Weede

Publisher: Springer US
Year: 1996
Tongue: English
Weight: 614 KB
Volume: 7
Category: Article
ISSN: 1043-4062
DOI: 10.1007/bf00128160

No coin nor oath required. For personal study only.

✦ Synopsis

Research about the effects of regime type on economic growth rates did not establish any robust differences in average growth rates between democracies and autocracies. Here, it is suggested that we may have asked the wrong question. There still might be a difference in variances. Democracy implies similar constraints on rulers and thereby might lead to quite similar economic performances. Among autocracies, however, constitutional and institutional constraints are likely to be weak and variable. Moreover, personal inclinations 0f autocrats might matter much more than personality differences between democratic rulers. Data from the 1960-87 period supply some evidence that there is indeed greater variation in growth rates among autocracies than among democracies.

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