TY  - JOUR
AU  - Persson,Torsten
TI  - Forms of Democracy, Policy and Economic Development
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 11171
PY  - 2005
Y2  - March 2005
UR  - http://www.nber.org/papers/w11171
L1  - http://www.nber.org/papers/w11171.pdf
N1  - Author contact info:
Torsten Persson
Torsten and Ragnar Soderberg Chair in Economic Sci
Institute for International Economic Studies
Stockholm University
SE-106 91 Stockholm
SWEDEN
Tel: +46 8 163066
Fax: +46 8 6747801
E-Mail: Torsten.Persson@iies.su.se
AB  - The paper combines insights from the recent research programs on constitutions and economic policy, and on history, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices that promote long-run economic performance. Reforms into parliamentary (as opposed to presidential), proportional (as opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth-promoting policies.
ER  -