Advanced Search
MyIDEAS: Login to save this paper or follow this series

Growth-Friendly Dictatorships

Contents:

Author Info

  • Giacomo De Luca

    ()
    (University of York, United Kingdom)

  • Anastasia Litina

    ()
    (CREA, University of Luxembourg)

  • Petros G. Sekeris

    ()
    (FNRS and CRED, University of Namur, Belgium)

Abstract

In this paper we show that in highly unequal societies, different societal groups may support a rent-seeking dicator serving their interests better than the median voter in a democratic regime. Importantly, it is the stakes of dictator in the economy, in the form of capital ownership, that drives the support of individuals. In particular, in highly societies ruled by a capital-rich dictator endowed with the power to tax and appropriate at will, the elites support dictatorial policies that generate higher growth rates than the ones obtained under democracy. Such support arises despite the total absence of checks and balances on the dictator.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://wwwen.uni.lu/content/download/57991/684532/file/2012-13%20-%20Growth-Friendly%20Dictatorships.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Center for Research in Economic Analysis, University of Luxembourg in its series CREA Discussion Paper Series with number 12-13.

as in new window
Length:
Date of creation: 2012
Date of revision:
Handle: RePEc:luc:wpaper:12-13

Contact details of provider:
Postal: 162a avenue de la Faïencerie, L-1511 Luxembourg
Phone: (+352) 46 66 44
Fax: (+352) 46 66 44 ext 633
Email:
Web page: http://wwwen.uni.lu/research/fdef/crea
More information through EDIRC

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
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.:
as in new window
  1. Rodrik, Dani & Alesina, Alberto, 1994. "Distributive Politics and Economic Growth," Scholarly Articles 4551798, Harvard University Department of Economics.
  2. Acemoglu, Daron & Ticchi, Davide & Vindigni, Andrea, 2008. "A theory of military dictatorships," POLIS Working Papers, Institute of Public Policy and Public Choice - POLIS 100, Institute of Public Policy and Public Choice - POLIS.
  3. Elias Papaioannou & Gregorios Siourounis, 2007. "Democratization And Growth," CEDI Discussion Paper Series, Centre for Economic Development and Institutions(CEDI), Brunel University 07-13, Centre for Economic Development and Institutions(CEDI), Brunel University.
  4. Lee, Woojin, 2003. "Is democracy more expropriative than dictatorship? Tocquevillian wisdom revisited," Journal of Development Economics, Elsevier, vol. 71(1), pages 155-198, June.
  5. Mark Gradstein, 2007. "Inequality, democracy and the protection of property rights," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 117(516), pages 252-269, 01.
  6. Barro, R.J., 1988. "Government Spending In A Simple Model Of Endogenous Growth," RCER Working Papers 130, University of Rochester - Center for Economic Research (RCER).
  7. Jennifer Gandhi & Adam Przeworski, 2006. "Cooperation, Cooptation, And Rebellion Under Dictatorships," Economics and Politics, Wiley Blackwell, Wiley Blackwell, vol. 18(1), pages 1-26, 03.
  8. Ling Shen, 2005. "When will a dictator be good?," Bonn Econ Discussion Papers, University of Bonn, Germany bgse22_2005, University of Bonn, Germany.
  9. Torsten Persson & Guido Tabellini, 2009. "Democratic Capital: The Nexus of Political and Economic Change," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(2), pages 88-126, July.
  10. Wintrobe,Ronald, 2000. "The Political Economy of Dictatorship," Cambridge Books, Cambridge University Press, number 9780521794497, 9.
  11. Casey B. Mulligan & Ricard Gil & Xavier Sala-i-Martin, 2004. "Do Democracies Have Different Public Policies than Nondemocracies?," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 51-74, Winter.
  12. Besley, Timothy J. & Kudamatsu, Masayuki, 2007. "Making Autocracy Work," CEPR Discussion Papers 6371, C.E.P.R. Discussion Papers.
  13. Manuel Oechslin, 2010. "Government Revenues and Economic Growth in Weakly Institutionalised States," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 120(545), pages 631-650, 06.
  14. Persson, Torsten & Tabellini, Guido, 1994. "Is Inequality Harmful for Growth?," American Economic Review, American Economic Association, vol. 84(3), pages 600-621, June.
  15. Daron Acemoglu & James A. Robinson & Thierry Verdier, 2004. "Alfred Marshall Lecture: Kleptocracy and Divide-and-Rule: A Model of Personal Rule," Journal of the European Economic Association, MIT Press, MIT Press, vol. 2(2-3), pages 162-192, 04/05.
  16. Daron Acemoglu, 2007. "Oligarchic Versus Democratic Societies," Carlo Alberto Notebooks, Collegio Carlo Alberto 47, Collegio Carlo Alberto.
  17. Davis, Lewis S., 2010. "Institutional flexibility and economic growth," Journal of Comparative Economics, Elsevier, vol. 38(3), pages 306-320, September.
  18. Adam Przeworski & Fernando Limongi, 1993. "Political Regimes and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 51-69, Summer.
  19. Martin C. McGuire & Mancur Olson Jr., 1996. "The Economics of Autocracy and Majority Rule: The Invisible Hand and the Use of Force," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 72-96, March.
  20. Roemer, John E, 1985. "Rationalizing Revolutionary Ideology," Econometrica, Econometric Society, Econometric Society, vol. 53(1), pages 85-108, January.
  21. Petros G. Sekeris, 2010. "Endogenous Elites: Power Structure and Patron-Client Relationships," Working Papers 1008, University of Namur, Department of Economics.
  22. Christopher J. Ellis & John Fender, 2011. "Information Cascades and Revolutionary Regime Transitions," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 121(553), pages 763-792, 06.
  23. Gehlbach, Scott & Keefer, Philip, 2011. "Investment without democracy: Ruling-party institutionalization and credible commitment in autocracies," Journal of Comparative Economics, Elsevier, vol. 39(2), pages 123-139, June.
Full references (including those not matched with items on IDEAS)

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Economic growth with egoistic dictators
    by Economic Logician in Economic Logic on 2012-10-30 14:32:00
  2. [経済]地獄に堕ちた勇者ども
    by himaginary in himaginaryの日記 on 2012-11-15 08:00:00

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:luc:wpaper:12-13. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elisa Ferreira).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.