Replication data for: Democratic Capital: The Nexus of Political and Economic Change

Principal Investigator(s):  View help for Principal Investigator(s) Torsten Persson; Guido Tabellini

Version:  View help for Version V1

Name File Type Size Last Modified
LICENSE.txt text/plain 14.6 KB 10/12/2019 03:12:PM
demcap_table1.do text/plain 918 bytes 10/12/2019 03:12:PM
demcap_table1.dta application/octet-stream 13.4 KB 10/12/2019 03:12:PM
demcap_tables2_3.do text/plain 10 KB 10/12/2019 03:12:PM
demcap_tables2_3.dta application/octet-stream 4.2 MB 10/12/2019 03:12:PM
demcap_tables4_5.do text/plain 5.8 KB 10/12/2019 03:12:PM
demcap_tables4_5.dta application/octet-stream 4.8 MB 10/12/2019 03:12:PM
readme.txt text/plain 881 bytes 10/12/2019 03:12:PM

Project Citation: 

Persson, Torsten, and Tabellini, Guido. Replication data for: Democratic Capital: The Nexus of Political and Economic Change. Nashville, TN: American Economic Association [publisher], 2009. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114048V1

Project Description

Summary:  View help for Summary We study the dynamics of economic and political change, theoretically and empirically. Democratic capital measured by a nation's historical experience with democracy, and the incidence of democracy in its neighborhood, appears to reduce exit rates from democracy and raise exit rates from autocracy. Higher democratic capital stimulates growth by increasing the stability of democracies. Heterogeneous effects of democracy induce sorting of countries into political regimes, which helps explain systematic differences between democracies and autocracies. Our results suggest the possibility of a virtuous circle, where accumulation of physical and democratic capital reinforce each other, promoting economic development and consolidation of democracy. (JEL D72, I31, N10, N40, O47)

Scope of Project

JEL Classification:  View help for JEL Classification
      D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
      O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
      I31 General Welfare; Well-Being
      N10 Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: General, International, or Comparative
      N40 Economic History: Government, War, Law, International Relations, and Regulation: General, International, or Comparative


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V1 [2019-10-12]

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