The Coevolution of Economic and Political Development

Huang, Fali

doi:10.2139/ssrn.921793

Cited by 3 publications

(3 citation statements)

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“…Overall, the sign, statistical significance and economic interpretation do not qualitatively change throughout the different exercises conducted. 24 See Huang (2006) for a model suggesting a long-run relationship between economic development and political development based on the inherent technical features of different production factors.…”

Section: Robustness Checksmentioning

confidence: 99%

Globalization, Freedoms and Economic Convergence: An Empirical Exploration of A Trivariate Relationship Using A Large Panel

2021

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Section: Robustness Checksmentioning

confidence: 99%

Globalization, Freedoms and Economic Convergence: An Empirical Exploration of A Trivariate Relationship Using A Large Panel

2021

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“…13 See Huang (2006) for a model suggesting a long-run relationship between economic development and political development based on the inherent technical features of different production factors.…”

Section: Back To the Evidence: From General To Context-specific Intermentioning

confidence: 99%

Globalization, Democracy and Development

Macedo¹,

Pereira²,

Martins³

et al. 2013

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This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using simultaneous estimation techniques. To reflect process, we use multi-dimensional, de facto, and continuous measures of democracy and globalization. To reflect context, as defined by space (geography) and time (history), we control for the distance to the income frontier. Using this measure of development, we extend the test for the two-way relationship between democracy and globalization put forward by Eichengreen and Leblang (2008) for the period 1870-2000. Focusing on the more recent wave of globalization (1970-2005), we find a two-way relationship between democracy and globalization and also significant two-way relationships with development. In the restricted sample of non-OECD countries, however, democracy hurts development.

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“… 24 See Huang ( 2006 ) for a model suggesting a long-run relationship between economic development and political development based on the inherent technical features of different production factors. …”

mentioning

confidence: 99%

Globalization, Freedoms and Economic convergence: an empirical exploration of a trivariate relationship using a large panel

Macedo

Martins

Jalles

2021

Int Econ Econ Policy

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Using a large panel for 95 countries and the 1972–2014 period, this paper analyses the interactions among globalization, political & civil rights and economic convergence, through a simultaneous estimation technique. We use a multi-dimensional, de facto, and continuous measures of Freedoms and Globalization. We find a two-way positive relationship between civil liberties & political rights and economic, political and social Globalization, as well as significant two-way relationships with the economic convergence (using as a proxy the ratio of GDP per capita to the US). In this way, we extend the test for the two-way relationship between Democracy and Globalization put forward by Eichengreen and Leblang (Econ Politics 20(3):289–334, 2008 ). Overall, we also find a virtuous cycle between Globalization, Freedoms and Economic convergence, except for non-OECD countries at early intermediate stages of development. This positive systemic effect can be put into question by the recent negative shocks on Globalization and Freedoms related to the Covid-19 pandemic.

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The Coevolution of Economic and Political Development

Cited by 3 publications

References 56 publications

Globalization, Freedoms and Economic Convergence: An Empirical Exploration of A Trivariate Relationship Using A Large Panel

Globalization, Freedoms and Economic Convergence: An Empirical Exploration of A Trivariate Relationship Using A Large Panel

Globalization, Democracy and Development

Globalization, Freedoms and Economic convergence: an empirical exploration of a trivariate relationship using a large panel

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