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How Much Do Rights Matter?

  • Fedderke, Johannes
  • Klitgaard, Robert

Do better political rights yield more economic development? By addressing the econometric challenges plaguing this question, we find support for a positive impact of rights on development. For a significant grouping of countries the association is nonlinear: the positive impact of rights is particularly strong at low rights levels; it is either absent or negative in an intermediate rights range; and returns to a moderate positive impact at high levels of rights. There is also evidence to suggest that transitions from autocratic political dispensations are associated with significant negative output shocks.

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Article provided by Elsevier in its journal World Development.

Volume (Year): 51 (2013)
Issue (Month): C ()
Pages: 187-206

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Handle: RePEc:eee:wdevel:v:51:y:2013:i:c:p:187-206
Contact details of provider: Web page: http://www.elsevier.com/locate/worlddev

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