Rain and the democratic window of opportunity
Contribuinte(s) |
Universitat Pompeu Fabra. Departament d'Economia i Empresa |
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Data(s) |
16/12/2008
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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 | |
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 |