Political Instability and Growth in Dictatorships
dc.contributor.author | Overland, Jody | en_US |
dc.contributor.author | Simons, Kenneth L. | en_US |
dc.contributor.author | Spagat, Michael | en_US |
dc.date.accessioned | 2006-08-01T16:36:38Z | |
dc.date.available | 2006-08-01T16:36:38Z | |
dc.date.issued | 2000-11-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2000-354 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/39738 | en_US |
dc.description.abstract | We model growth in dictatorships facing each period an endogenous probability of ``political catastrophe'' that would extinguish the regime's wealth extraction ability. Domestic capital exhibits a bifurcation point determining economic growth or shrinkage. With low initial domestic capital the dictator plunders the country's resources and the economy shrinks. With high initial domestic capital the economy eventually grows faster than is socially optimal. | en_US |
dc.format.extent | 129819 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 597290 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 354 | en_US |
dc.subject | Dictatorship, Growth, Political Economy, Bifurcation | en_US |
dc.subject.other | D9, O1, H | en_US |
dc.title | Political Instability and Growth in Dictatorships | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/39738/3/wp354.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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