Rain and the democratic window of opportunity


Autoria(s): Brückner, Markus; Ciccone, Antonio
Contribuinte(s)

Universitat Pompeu Fabra. Departament d'Economia i Empresa

Data(s)

16/12/2008

Resumo

According to the economic approach to politicaltransitions, transitory negative economic shocks can open a windowof opportunity for democratic improvement. Testing the theoryrequires a source of transitory shocks to the aggregate economy. Weuse rainfall shocks in Sub-Saharan African countries and find thatnegative rainfall shocks are followed by significant improvement indemocratic institutions. Instrumental variables estimates indicate thatfollowing a transitory negative income shock of 1 percent,democracy scores improve by 0.9 percentage points and theprobability of a democratic transition increases by 1.3 percentagepoints.

Identificador

http://hdl.handle.net/10230/1153

Idioma(s)

eng

Direitos

L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons

info:eu-repo/semantics/openAccess

<a href="http://creativecommons.org/licenses/by-nc-nd/3.0/es/">http://creativecommons.org/licenses/by-nc-nd/3.0/es/</a>

Palavras-Chave #Macroeconomics and International Economics #democratization #transitory economic shocks
Tipo

info:eu-repo/semantics/workingPaper