Democracy and National Economic Performance: The Preference for Stability

Quinn, Dennis P.; Woolley, John T.

doi:10.2307/2669243

Cited by 177 publications

(108 citation statements)

References 81 publications

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“…However, many efforts have been devoted to investigating whether democratic societies outperform nondemocratic societies without reaching a consensus (e.g. Przeworski & Limongi, 1993;Quinn & Woolley, 2001). A main point is that problems can arise too in democratic societies.…”

Section: Introductionmentioning

confidence: 99%

Does Political Ideology Affect Economic Growth?

Bjørnskov

2005

Public Choice

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This paper asks the question whether political ideology affects economic growth. Voters may demand inefficient levels of redistribution and government intervention, and they may care too little for aspects that really matter for the economy. Their norms and perceptions of society might, via their political ideology, affect economic performance. The paper presents evidence suggesting that rightwing societies have grown faster in the last decades than other democratic societies. Further analysis suggests that these societies develop better legal systems and less government intervention, which in turn explain some but not all of the growth difference. Copyright Springer Science + Business Media, Inc. 2005

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Section: Introductionmentioning

confidence: 99%

Does Political Ideology Affect Economic Growth?

Bjørnskov

2005

Public Choice

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“…Mobarak (2005) explores determinants of growth volatility using a wide array of policy variables and measures of political rights and liberties. Quinn and Woolley (2001) examine the role of democracy and autocracy in volatility.…”

Section: Testing Strategy and Control Variablesmentioning

confidence: 99%

Interest group activity and long-run stock market performance

Coates¹,

Wilson

2007

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“…9 Some have argued that in fact fluctuations in economic outcomes attract an equal, if not higher, amount of attention than levels of economic performance from the voter. Quinn and Woolley (2001) argue that voters pay considerable attention to volatility in addition to rates of change in the macroeconomy, although they draw different conclusions regarding its implication for the economic votes.…”

Section: Voter Attention To Information About Variance In the Macroecmentioning

confidence: 99%