The champions of capitalism? National leaders and the institutional channel

Ryan H. Murphy and Colin W. O’Reilly
Authors registered in the RePEc Author Service: Colin W. O'Reilly

Applied Economics Letters, 2020, vol. 27, issue 8, 647-650

Abstract: Economic growth can be attributed to national leaders in only a limited set of cases. We compare two sets of leaders identified in the literature – those whose growth rates are statistically greater than zero and those whose growth rates are found to be statistically less than zero. We find that leaders who performed better in terms of economic growth presided over a change in economic freedom of roughly a half of a point more than those who performed poorly, suggesting the difference in economic performance may in part have been through the institutional channel. The effect is large, with many specifications corresponding to more than a half of a standard deviation across countries today.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2020.1730745 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:27:y:2020:i:8:p:647-650

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2020.1730745

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().