Empowering knowledge: Political leaders, education, and economic liberalization
Tianyang Xi and
European Journal of Political Economy, 2020, vol. 61, issue C
Recent literature reports significant effects of political leaders in driving economic policies but does not provide an exhaustive answer as to why. This paper argues that educational background plays an important role in shaping leaders' ideas and beliefs, which in turn matter for policy making in the long run. Using a cross-country data covering 137 countries and regions over 1960–2005, the paper documents a robustly positive relationship between leaders educational attainment and faster liberal reforms, regardless of regime type. The effects are more salient for leaders who majored in economics, social science, and natural science. Moreover, the effects of education seem to be orthogonal to alternative channels such as partisan politics, geopolitical factors, and public opinions.
Keywords: Political leaders; Education; Economic liberalization; Ideas (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:61:y:2020:i:c:s0176268019300795
Access Statistics for this article
European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung
More articles in European Journal of Political Economy from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().