Leonida, Leone, Patti, Dario Maimone Ansaldo and Navarra, Pietro (2012) Testing the political replacement effect: a panel data analysis. Oxford Bulletin of Economics and Statistics, 75 (6). pp. 785-805. ISSN 0305-9049
Full text not available from this repository.Abstract
This article tests for the existence of the political replacement effect, as suggested by Acemoglu and Robinson: [American Political Science Review, Vol. 100, pp. 115-131]. They argue that the implementation of market-oriented reform is crucially driven by the political calculus of incumbent governments: they implement economic policy change if such a choice is not expected to reduce their chances to retain power. This implies a non-monotonic relationship between the level of political competition and the extent of economic reform. We test this hypothesis using data for 102 countries over the period 1980 to 2005. Our results strongly support the theory.
| Item Type: | Article |
|---|---|
| Official URL: | http://onlinelibrary.wiley.com/journal/10.1111/(IS... |
| Additional Information: | © 2012 The Department of Economics, University of Oxford and John Wiley & Sons Ltd. |
| Divisions: | CPNSS |
| Subjects: | J Political Science > JC Political theory |
| Date Deposited: | 06 Jan 2014 15:36 |
| Last Modified: | 12 Dec 2024 00:15 |
| URI: | http://eprints.lse.ac.uk/id/eprint/55144 |
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