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Comparing the spread of capitalism and democracy

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Listed:
  • Leeson, Peter T.
  • Sobel, Russell S.
  • Dean, Andrea M.

Abstract

We 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.

Suggested Citation

  • Leeson, Peter T. & Sobel, Russell S. & Dean, Andrea M., 2012. "Comparing the spread of capitalism and democracy," Economics Letters, Elsevier, vol. 114(1), pages 139-141.
  • Handle: RePEc:eee:ecolet:v:114:y:2012:i:1:p:139-141 DOI: 10.1016/j.econlet.2011.09.011
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    References listed on IDEAS

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    1. Gary Charness & Matthew Rabin, 2002. "Understanding Social Preferences with Simple Tests," The Quarterly Journal of Economics, Oxford University Press, vol. 117(3), pages 817-869.
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    3. Klaus Abbink & Benedikt Herrmann, 2011. "The Moral Costs Of Nastiness," Economic Inquiry, Western Economic Association International, vol. 49(2), pages 631-633, April.
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    Citations

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    Cited by:

    1. Joshua C. Hall & Donald J. Lacombe & Timothy M. Shaughnessy, 2015. "Economic Freedom and Economic Growth Across U.S. States: A Spatial Panel Data Analysis," Working Papers 15-33, Department of Economics, West Virginia University.
    2. Joshua C. Hall, 2016. "Institutional convergence: exit or voice?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 40(4), pages 829-840, October.
    3. repec:eaa:aeinde:v:17:y:2017:i:2_2 is not listed on IDEAS
    4. Danko Tarabar & Joshua C. Hall, 2015. "Explaining the Worldwide Decline in Military Conscription: 1970-2010," Working Papers 15-30, Department of Economics, West Virginia University.
    5. Danko Tarabar & Joshua C. Hall, 2016. "Explaining the worldwide decline in the length of mandatory military service, 1970–2010," Public Choice, Springer, vol. 168(1), pages 55-74, July.
    6. Joshua C. Hall & Serkan Karadas & Minh Tam T. Schlosky, 2016. "Spatial Spillover Effects of Debt Relief from the Heavily Indebted Poor Countries (HIPC) Initiative," Working Papers 16-23, Department of Economics, West Virginia University.

    More about this item

    Keywords

    Domino theory; Capitalism; Democracy; Spatial econometrics;

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • P1 - Economic Systems - - Capitalist Systems

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