Political competition and growth in global perspective: Evidence from panel data
Georg Man
Journal of Applied Economics, 2016, vol. 19, 363-382
Abstract:
The present paper investigates the relationship between political competition, its components (executive versus legislature), and economic growth in international panel data. The results suggest the presence of a statistically significant nonlinearity between political competition (overall and in the executive) and growth in the form of a U-shape. In contrast, political competition variables do not exert statistically significant effects on growth in linear specifications. These results withstand an array of extensions and robustness checks, and provide international panel data evidence complementing work conducted for national and cross-sectional contexts.
Keywords: economic growth; market power; panel data; political competition (search for similar items in EconPapers)
JEL-codes: C23 E02 O43 P48 (search for similar items in EconPapers)
Date: 2016
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Journal Article: Political Competition and Growth in Global Perspective: Evidence from Panel Data (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:cem:jaecon:v:19:y:2016:n:2:p:363-382
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