Political Institutions, Technology and Growth: a dynamic panel approach

Zuazu Bermejo, Izaskun

dc.contributor.author	Zuazu Bermejo, Izaskun
dc.date.accessioned	2015-12-01T13:30:21Z
dc.date.available	2015-12-01T13:30:21Z
dc.date.issued	2015-10
dc.identifier.uri	http://hdl.handle.net/10810/16266
dc.description.abstract	This paper investigates whether the effect of political institutions on sectoral economic performance is determined by the level of technological development of industries. Building on previous studies on the linkages among political institutions, technology and economic growth, we employ the dynamic panel Generalized Method of Moments (GMM) estimator for a sample of 4,134 country-industries from 61 industries and 89 countries over the 1990-2010 period. Our main findings suggest that changes of political institutions towards higher levels of democracy, political rights and civil liberties enhance economic growth in technologically developed industries. On the contrary, the same institutional changes might retard economic growth of those industries that are below a technological development threshold. Overall, these results give evidence of a technologically conditioned nature of political institutions to be growth-promoting.	es
dc.description.sponsorship	I acknowledge nancial support from the Spanish Ministry of Economy and Competitiveness scholarship program Formacion del Personal Investigador (FPI) and the Research Project Game Theory and Social Choice (ECON2012-31346)	es
dc.language.iso	eng	es
dc.publisher	Departamento Fundamentos del Ánálisis Económico I UPV/EHU	es
dc.relation.ispartofseries	Ikerlanak;2015.94
dc.rights	info:eu-repo/semantics/openAccess	es
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	political	es
dc.subject	institutions	es
dc.subject	technological	es
dc.subject	develogical	es
dc.subject	development	es
dc.subject	dynamic	es
dc.subject	panel	es
dc.subject	data	es
dc.title	Political Institutions, Technology and Growth: a dynamic panel approach	es
dc.type	info:eu-repo/semantics/workingPaper	es
dc.rights.holder	Attribution-NonCommercial-NoDerivatives 4.0 International	*
dc.subject.jel	H70	es
dc.subject.jel	O10	es
dc.subject.jel	O43	es
dc.subject.jel	P16	es
dc.subject.jel	C23	es
dc.departamentoes	Fundamentos del análisis económico I	es_ES
dc.departamentoeu	Ekonomia analisiaren oinarriak I	es_ES
dc.subject.categoria	MATHEMATICAL AND QUANTITATIVE METHODS
dc.subject.categoria	ECONOMIC SYSTEMS
dc.subject.categoria	PUBLIC ECONOMICS
dc.subject.categoria	ECONOMIC DEVELOPMENT, TECHNOLOGICAL CHANGE, AND GROWTH