Comparing the spread of capitalism and democracy
AbstractWe apply Leeson and Dean’s (2009) method for studying democratic dominoes to capitalist spillovers to compare the rates at which capitalism and democracy spread between countries. We find that capitalism and democracy spread at approximately the same modest rate.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 114 (2012)
Issue (Month): 1 ()
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Domino theory; Capitalism; Democracy; Spatial econometrics;
Find related papers by JEL classification:
- H1 - Public Economics - - Structure and Scope of Government
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