Property and Contract Rights in Autocracies and Democracies

This file is part of IDEAS, which uses RePEc data

Property and Contract Rights in Autocracies and Democracies

Author Info

Clague, Christopher, et al

Abstract

We present and test empirically a new theory of property and contract rights. Any incentive an autocrat has to respect such rights comes from his interest in future tax collections and national income and increases with his planning horizon. We find compelling empirical relationship between property and contract rights and an autocrat's time in power. In lasting--but not in new--democracies, the same rule of law and individual rights that ensure continued free elections entail extensive property and contract rights. We show that the age of a democratic system is strongly correlated with property and contract rights. Coauthors are Philip Keefer, Stephen Knack, and Mancur Olson. Copyright 1996 by Kluwer Academic Publishers

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Article provided by Springer in its journal Journal of Economic Growth.

Volume (Year): 1 (1996)
Issue (Month): 2 (June)
Pages: 243-76
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:kap:jecgro:v:1:y:1996:i:2:p:243-76

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=102931

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Polimeni, John M. & Iorgulescu Polimeni, Raluca & Trees, W. Scott, 2007. "Extending The Augmented Solow Growth Model To Explain Transitional Economies," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(1), pages 65-76, March. [Downloadable!]
Overland, Jody & Simons, Kenneth L & Spagat, Michael, 2000. "Political Instability and Growth in Dictatorships," CEPR Discussion Papers 2653, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Other versions:
- Jody Overland, Kenneth Simons and Michael Spagat, 2003. "Political Instability and Growth in Dictatorships," Royal Holloway, University of London: Discussion Papers in Economics 03/11, Department of Economics, Royal Holloway University of London, revised Dec 2003. [Downloadable!]
- Jody Overland & Kenneth L. Simons & Michael Spagat, 2000. "Political Instability and Growth in Dictatorships," William Davidson Institute Working Papers Series 354, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
- Jody Overland & Kenneth Simons & Michael Spagat, 2005. "Political instability and growth in dictatorships," Public Choice, Springer, vol. 125(3), pages 445-470, December. [Downloadable!] (restricted)
Lundström, Susanna, 2002. "Decomposed Effects of Democracy on Economic Freedom," Working Papers in Economics 74, Göteborg University, Department of Economics. [Downloadable!]
Jian-Guang Shen, 2003. "Democracy and growth: An alternative empirical approach," Macroeconomics 0303008, EconWPA. [Downloadable!]
Pablo Druck & Jorge M. Streb, 2001. "Economic Development as a Matter of Political Geography," CEMA Working Papers: Serie Documentos de Trabajo. 182, Universidad del CEMA. [Downloadable!]
Jian-Guang Shen, 2002. "Democracy and growth: An alternative empirical approach," Development and Comp Systems 0212002, EconWPA. [Downloadable!]
David Stasavage, 2000. "Private Investment and Political Uncertainty," STICERD - Development Economics Papers 25, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
Hans Gersbach & Lars Siemers, 2005. "Can Democracy Educate a Society?," IZA Discussion Papers 1693, Institute for the Study of Labor (IZA). [Downloadable!]
Shen, Jian-Guang, 2002. "Democracy and growth: An alternative empirical approach," BOFIT Discussion Papers 13/2002, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
Paresh Kumar Narayan & Russell Smyth, 2005. "Temporal causality and the dynamics of democracy, emigration and real income in Fiji," International Review of Applied Economics, Taylor and Francis Journals, vol. 19(2), pages 245-261, March. [Downloadable!] (restricted)
Yongfu Huang, 2005. "Will political liberalisation bring about financial development?," Bristol Economics Discussion Papers 05/578, Department of Economics, University of Bristol, UK. [Downloadable!]
Richard Jong-A-Pin & Jakob de Haan, 2007. "Political Regime Change, Economic Reform and Growth Accelerations," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
Pyle, William, 2007. "Organized business, political regimes and property rights across the Russian Federation," BOFIT Discussion Papers 18/2007, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
Easterly, William, 1999. "Life during growth : international evidence on quality of life and per capita income," Policy Research Working Paper Series 2110, The World Bank. [Downloadable!]
Jim Rose & Simon Hay, 2001. "Three Steps Towards More Effective Development Assistance," Treasury Working Paper Series 01/26, New Zealand Treasury. [Downloadable!]
Keefer, Philip & Knack, Stephen, 2000. "Polarization, politics, and property rights : links between inequality and growth," Policy Research Working Paper Series 2418, The World Bank. [Downloadable!]
Other versions:
- Keefer, Philip & Knack, Stephen, 2002. " Polarization, Politics and Property Rights: Links between Inequality and Growth," Public Choice, Springer, vol. 111(1-2), pages 127-54, March. [Downloadable!] (restricted)
Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2001. "On the Empirics of Foreign Aid and Growth," EPRU Working Paper Series 03-13, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Sep 2003. [Downloadable!]
Other versions:
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2004. "On The Empirics of Foreign Aid and Growth," Economic Journal, Royal Economic Society, vol. 114(496), pages F191-F216, 06. [Downloadable!] (restricted)

Statistics

Access and download statistics

Did you know? IDEAS uses the data collected within the RePEc project, the largest online bibliographic database in Economics.

This page was last updated on 2008-7-28.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.