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A Logit Analysis Of Development And Democracy. The Romania’S Case

Author

Listed:
  • Mihai Mutascu

    (Faculty of Economics and Business Administration West University of Timisioara Timisoara, Romania)

  • Anne-Marie Fleischer

    (Faculty of Economics and Business Administration West University of Timisioara Timisoara, Romania)

Abstract

The paper analyzes empirically, in Romania’s case, the relationship between economic development (dependent variable) and its political factors (independent variables). The analysis is based on the construction of a linear “Logit Model” and the data set is covering the period 1926- 2007. The main results show that, in Romania’s case, which the economy has an expansive and competitive market, the economic development, can be accompanied, by high levels of democratization, with high political stability, on a republican base, but this is not a rule.

Suggested Citation

  • Mihai Mutascu & Anne-Marie Fleischer, 2011. "A Logit Analysis Of Development And Democracy. The Romania’S Case," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 2011, pages 173-182, july.
    • Handle: RePEc:aic:journl:y:2011:v:se:p:173-182
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    References listed on IDEAS

    as
    1. Melike BILDIRICI & Seçkin SUNAL, 2006. "Economic Determinants Of Development In World Economy I: 1920-2005. An Analysis of 165 Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(3).
    2. Bhagwati, Jagdish N, 2002. "Democracy and Development: Cruel Dilemma or Symbiotic Relationship," Review of Development Economics, Wiley Blackwell, vol. 6(2), pages 151-162, June.
    3. Lipset, Seymour Martin, 1959. "Some Social Requisites of Democracy: Economic Development and Political Legitimacy1," American Political Science Review, Cambridge University Press, vol. 53(1), pages 69-105, March.
    4. Przeworski,Adam & Alvarez,Michael E. & Cheibub,Jose Antonio & Limongi,Fernando, 2000. "Democracy and Development," Cambridge Books, Cambridge University Press, number 9780521793797.
    5. Przeworski,Adam & Alvarez,Michael E. & Cheibub,Jose Antonio & Limongi,Fernando, 2000. "Democracy and Development," Cambridge Books, Cambridge University Press, number 9780521790321.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Adams, Samuel & Klobodu, Edem Kwame Mensah, 2016. "Remittances, regime durability and economic growth in Sub-Saharan Africa (SSA)," Economic Analysis and Policy, Elsevier, vol. 50(C), pages 1-8.

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    More about this item

    Keywords

    Development; Democracy; Regime Durability; Binary Choice Model; Logit Analysis;
    All these keywords.

    JEL classification:

    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models

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