Political regime change, economic liberalization and growth accelerations

Richard Jong A Pin; Jakob Haan, de

Political regime change, economic liberalization and growth accelerations

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Abstract

We examine whether the type of political regime, regime changes, and economic liberalization are related to economic growth accelerations. Our results show that growth accelerations are preceded by economic liberalizations. We also find that growth accelerations are less likely to happen the longer a political regime—be it a democracy or an autocracy—has been in place, while (a move toward) more democracy according to the Polity IV dataset reduces the likelihood of growth accelerations.

Original language	English
Title of host publication	Institutions and economic development
Editors	Jakob de Haan
Publisher	Edward Elgar Publishing
Chapter	11
Number of pages	23
Volume	2
ISBN (Print)	9781788118842
Publication status	Published - 2019

Publication series

Name	The international library of critical writings in economics series
Volume	369

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1 Article

Political regime change, economic liberalization and growth accelerations
Jong-A-Pin, R. & De Haan, J., Jan-2011, In: Public Choice. 146, 1, p. 93-115 23 p.
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abstract = "We examine whether the type of political regime, regime changes, and economic liberalization are related to economic growth accelerations. Our results show that growth accelerations are preceded by economic liberalizations. We also find that growth accelerations are less likely to happen the longer a political regime—be it a democracy or an autocracy—has been in place, while (a move toward) more democracy according to the Polity IV dataset reduces the likelihood of growth accelerations.",

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Political regime change, economic liberalization and growth accelerations. / Jong A Pin, Richard ; Haan, de, Jakob.
Institutions and economic development. ed. / Jakob de Haan. Vol. 2 Edward Elgar Publishing, 2019. (The international library of critical writings in economics series; Vol. 369).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Academic › peer-review

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AB - We examine whether the type of political regime, regime changes, and economic liberalization are related to economic growth accelerations. Our results show that growth accelerations are preceded by economic liberalizations. We also find that growth accelerations are less likely to happen the longer a political regime—be it a democracy or an autocracy—has been in place, while (a move toward) more democracy according to the Polity IV dataset reduces the likelihood of growth accelerations.

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BT - Institutions and economic development

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Political regime change, economic liberalization and growth accelerations

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Political regime change, economic liberalization and growth accelerations

Cite this