Does Political and Economic Inequality Affect Institutional Quality?

被引:3
|
作者
Baryshnikova, Nadezhda V. [1 ]
Pham, Ngoc T. A. [1 ]
Wihardja, Maria M. [2 ]
机构
[1] Univ Adelaide, Sch Econ, Adelaide, SA 5005, Australia
[2] World Bank Off, Jakarta, Indonesia
关键词
INCOME; PERSISTENCE; CORRUPTION; GOVERNANCE; GEOGRAPHY; DEMOCRACY; GMM;
D O I
10.1111/1475-4932.12246
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study how inequality, democracy and economic development affect institutions in a dynamic panel model using data for 78 countries from 1984 to 2006. We suggest a model that assumes the sluggish adjustment of institutional quality and the interplay between the key explanatory variables. We find that democracy has a non-linear effect on government stability and military involvement in politics. This effect depends on inequality and GDP per capita. Inequality matters for law and order and has a non-linear effect as well. However, the results for wealth effect are mixed.
引用
收藏
页码:190 / 208
页数:19
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