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Political institutions and economic growth reconsidered

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  • Jakob Haan

Abstract

The debate on the relationship between institutions and economic development is discussed, focusing on two illustrations, i.e., the impact of democracy and political instability on economic growth. Various pitfalls of existing research are identified, like sensitivity of the outcomes to model specification, sample heterogeneity, measurement of political variables, and the treatment of the time dimension. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Jakob Haan, 2007. "Political institutions and economic growth reconsidered," Public Choice, Springer, vol. 131(3), pages 281-292, June.
    • Handle: RePEc:kap:pubcho:v:131:y:2007:i:3:p:281-292
    DOI: 10.1007/s11127-007-9172-y
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    References listed on IDEAS

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    1. Baxter, Marianne & Kouparitsas, Michael A., 2005. "Determinants of business cycle comovement: a robust analysis," Journal of Monetary Economics, Elsevier, vol. 52(1), pages 113-157, January.
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    More about this item

    Keywords

    Political institutions; Economic growth; Robustness; P43;
    All these keywords.

    JEL classification:

    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance

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