How Much Do Rights Matter?

Johannes Fedderke and Robert Klitgaard

World Development, 2013, vol. 51, issue C, 187-206

Abstract: Do better political rights yield more economic development? By addressing the econometric challenges plaguing this question, we find support for a positive impact of rights on development. For a significant grouping of countries the association is nonlinear: the positive impact of rights is particularly strong at low rights levels; it is either absent or negative in an intermediate rights range; and returns to a moderate positive impact at high levels of rights. There is also evidence to suggest that transitions from autocratic political dispensations are associated with significant negative output shocks.

Keywords: governance; economic growth; rights (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:51:y:2013:i:c:p:187-206

DOI: 10.1016/j.worlddev.2013.05.009

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