A Logit Analysis Of Development And Democracy. The Romania’S Case

Mihai Mutascu and Anne-Marie Fleischer ()

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), 2011, vol. 2011SE, 173-182

Abstract: The paper analyzes empirically, in Romania’s case, the relationship between economic development (dependent variable) and its political factors (independent variables). The analysis is based on the construction of a linear “Logit Model” and the data set is covering the period 1926- 2007. The main results show that, in Romania’s case, which the economy has an expansive and competitive market, the economic development, can be accompanied, by high levels of democratization, with high political stability, on a republican base, but this is not a rule.

Keywords: Development; Democracy; Regime Durability; Binary Choice Model; Logit Analysis (search for similar items in EconPapers)
JEL-codes: C24 I15 I18 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aic:journl:y:2011:v:se:p:173-182

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