Economic development: How does it influence the survival of different types of autocracy?

2020 ◽  
Vol 41 (5) ◽  
pp. 711-727
Author(s):  
Daniel Stockemer ◽  
Steffen Kailitz
Keyword(s):  
Economic Development ◽  
Regression Analysis ◽  
Research Question ◽  
Regime Type ◽  
Modernization Theory ◽  
Different Types ◽  
Level Of Economic Development ◽  
Using Data ◽  
The Impact ◽  
Economic Modernization

Modernization theory is one of the most influential theories in political science. However, to date, studies testing the impact of modernization on political regimes have almost completely focused on democracies. We aim at broadening the discussion to autocracies and ask the following research question: What impact has economic development on the survival of different types of autocracy? Using data covering 1946 to 2016, we ascertain – mainly through logistic regression analysis – that the level of economic development affects not only the endurance of democracies but also that of various types of autocracy. In more detail, we find that economic development prolongs the survival of ideocracies and personalist autocracies. The effect of economic modernization on military dictatorships, monarchies and electoral autocracies is very limited. In contrast, one party autocracies are the only regime type whose survival chances (moderately) decrease with modernization.

scholarly journals The Impact of ICT and FDI as Drivers to Economic Growth In ASEAN-8 Countries: A Panel Regression Analysis

2021 ◽  
Vol 9 ◽  
pp. 91-98
Author(s):  
Noraina Mazuin Sapuan ◽  
Mohammad Rahmdzey Roly
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regression Analysis ◽  
Panel Regression ◽  
Information And Communication ◽  
Asean Countries ◽  
Using Data ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

Over the last few years, information and communication technology (ICT) has become a key catalyst for economic growth. The durability of this technology is demonstrated by the rapid proliferation of the Internet, mobile phones and cellular networks across the globe. However, among economic scholars, the question of exactly how the spread of ICT affects economic development and FDI, especially in ASEAN countries with differences in levels of income, remains unanswered. The aim of this study was essentially to explore the relationship between ICT dissemination, FDI and economic growth in ASEAN-8 countries. By using data from 2003 to 2017, the panel regression analysis was used to evaluate these relationships. The results showed that the dissemination of ICT and FDI are important and they have a positive effect on the ASEAN-8 countries’ economic development.

Infrastructure, Education, and Economic Development in India

2017 ◽  
pp. 1-13
Author(s):  
Sebak K. Jana ◽  
Asim K. Karmakar
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Factor Analysis ◽  
Regression Analysis ◽  
Infrastructure Development ◽  
Physical Infrastructure ◽  
Level Of Economic Development ◽  
Per Capita ◽  
The Impact ◽  
Huge Variation

A large number of studies reveal that regions with larger stocks of physical infrastructure and human capital often are associated higher level of economic development. The present chapter attempts to find whether this is valid for India. Factor Analysis has been used to find the index of scores of infrastructure of the selected 20 major states of India. We have then used regression analysis to find the impact of infrastructure and education on economic development of the states. The results indicate that there is huge variation of infrastructure development across the states in India. The findings also indicate the significant impact of infrastructure development and education on economic development of the state, measured in terms of Per Capita Net State Domestic Product (PCNSDP).

The Oxford Handbook of the Politics of Development

2015 ◽  
Keyword(s):  
Economic Development ◽  
Foreign Aid ◽  
Political Development ◽  
Resource Curse ◽  
Civil Conflict ◽  
Regime Type ◽  
Modernization Theory ◽  
America South ◽  
The 1960S ◽  
The Impact

This book brings together essays that tackle the political aspects of development. It offers various explanations for variations in the pace and pattern of economic development across both time and space, focusing on a particular variable or set of variables such as civil conflict, natural resources, and regime type. The book traces the trajectory of scholarship in the field of political development, beginning with the rise of what became known as “modernization theory” in the 1960s. It also examines how development intersects with ethnicity, democracy, and taxation; the synergies and disconnects among religion, politics, and economic development; the politics of the so-called resource curse; and the impact of foreign aid on democratization in developing countries. Furthermore, the book looks at the experiences of countries and regions such as Africa, India, Latin America, South Korea, China, and East Asia.

scholarly journals Does democracy guarantee (de)forestation? An empirical analysis

2017 ◽  
Vol 20 (2) ◽  
pp. 97-121 ◽  
Author(s):  
Anders Rydning Gaarder ◽  
Krishna C Vadlamannati
Keyword(s):  
Economic Development ◽  
Environmental Issues ◽  
Developed Countries ◽  
Regime Type ◽  
Level Of Economic Development ◽  
Fundamental Reason ◽  
Forest Coverage ◽  
The Impact ◽  
Positive Effect ◽  
Developing And Developed Countries

It is a commonly held view that democracy is better at safeguarding environment while autocracy is predatory in nature, and is thus insensitive towards environment. However, others argue that democracy leads to environmental degradation. We revisit this contentious relationship between regime type and environment degradation in the context of deforestation. Using panel data on 139 countries during the 1990–2012 period, we find that democracy is associated with lower levels of forest coverage. Although our results appear counter-intuitive, further analyses reveal the positive effect of democracy on forest area coverage is conditional upon the level of economic development. Roughly, at per capita income of about US$8200, the impact of democracy on forest coverage becomes positive. Our results suggest that a democratic government’s priority to tackle environmental problems depends on its level of economic development. These results also highlight the fundamental reason as to why there is a lack of coordinated effort between developing and developed countries in addressing environmental issues.

Does financial development help bridge the gap in income inequality? Evidence from selected Asian countries

2021 ◽  
Vol 12 (1) ◽  
pp. 136-136
Author(s):  
Nur Syazwani Mazlan
Keyword(s):  
Economic Development ◽  
Regression Analysis ◽  
Income Inequality ◽  
Financial Development ◽  
Positive Relationship ◽  
Panel Regression ◽  
Asian Countries ◽  
Level Of Economic Development ◽  
High Level ◽  
The Impact

This study delves into the effects of financial development (FD) on income inequality (IE), involving 12 Asian countries, with three different income level groups, over a period of 14 years (between 1993 and 2017). The three groups concerned comprise countries with a low, middle and high level of economic development. The findings derived through panel regression analysis, suggest that the impact of financial development on income inequality, with regards to the Asian countries selected for this investigation, is dependent on their level of economic development. It was also established, that for countries with a low economic standing, financial development has a positive relationship with income inequality.

scholarly journals THE IMPACT OF M&A TRANSACTIONS ON THE GROWTH OF THE BANKS’ MARKET VALUE

2021 ◽  
Vol 5 (40) ◽  
pp. 45-54
Author(s):  
L. Prymostka ◽  
N. Pantielieieva ◽  
I. Krasnova ◽  
V. Lavreniuk ◽  
O. Lytvynenko
Keyword(s):  
Economic Development ◽  
Mergers And Acquisitions ◽  
Banking Sector ◽  
Jel Classification ◽  
Economic Indicators ◽  
Level Of Economic Development ◽  
Banking Business ◽  
Economic Trends ◽  
The Impact ◽  
The Relationship

Abstract. The globalization of markets, the need to comply with modern economic trends and introduce new technological solutions to increase the profitability of the banking business have significantly intensified the processes of mergers and acquisitions in the banking sector. M&A processes are long and complex, their results are difficult to forecast in lack of actual detailed research. The diversity of the results of the available research requires updating the data based on larger volumes of transactions and larger time intervals. The purpose of the article is to substantiate two hypotheses: first, the impact of M&A agreements especially on the increase in the value of banks; and impact of factors that show economic development level on the value of banks. The object of the study is the relationship between the value of commercial banks in domestic and foreign financial markets, M&A agreements, as well as economic indicators published by the World Bank and measuring the level of economic development of countries. The article uses statistical modeling method. The constructed model of linear regression allows to state that the fact of influence of M&A on growth of cost of consolidated banks is fair for 54.8% of cases. The study shows that the M&A processes have the greatest impact on the value of banks in the interval of 3—5 years after the conclusion of the agreement. Analysis of the relationship between economic indicators and the growth of bank value shows that the greatest impact on the value of banks has percent of the growth of GDP and GDP per capita, but the low value of the determinant at 22.9% indicates a low dependence of bank value on the level of economic indicators in general. It was found that external factors do not directly affect the growth in the value of banks in the process of M&A transactions. The question of expanding the system of factors that will influence the M&A processes and, as a consequence, the value of the banks, will be the subject of further research. Keywords: globalization of markets, mergers and acquisitions of banks, consolidation, M&A dynamic, market capitalization, bank value. JEL Classification Е44, Е47, G14 Formulas: 2; fig.: 4; tabl.: 4; bibl.: 14.

Modernization Theory

2016 ◽  
Author(s):  
José Antonio Cheibub ◽  
James Raymond Vreeland
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Aid ◽  
Authoritarian Regime ◽  
Statistical Evidence ◽  
Modernization Theory ◽  
Economic Assistance ◽  
Growth And Survival ◽  
Economic Level ◽  
Economic Modernization

This article examines the link between economic development and democracy. Drawing on modernization theory, it considers whether democracy is more likely to emerge in a country that modernizes economically. After discussing various criticisms against modernization theory, the article reviews statistical evidence to determine whether economic modernization gives rise to democracy. It argues that the correlation between economic development and democracy stems from the survival of democracy and that a poor authoritarian regime is not likely to turn into a democracy even if it receives economic assistance, either in the form of foreign aid or access to markets through trade. The article highlights the correlation between economic level and survival, rather than between economic growth and survival, noting that economic growth can be helpful only if it is sustained.

Global E-Government and the Role of Trust

2011 ◽  
pp. 1-19
Author(s):  
Jayoti Das ◽  
Cassandra DiRienzo ◽  
John Burbridge
Keyword(s):  
Economic Development ◽  
Empirical Study ◽  
Religious Diversity ◽  
Empirical Finding ◽  
Past Research ◽  
Level Of Economic Development ◽  
Cross Country ◽  
The Impact ◽  
Socio Economic Factors

Using cross-country data from 140 countries, this empirical study extends past research by examining the impact of trust on the level of e-government. The major empirical finding of this research shows that, after controlling for the level of economic development and other socio-economic factors, trust as measured by ethnic and religious diversity, is a significant factor affecting e-government usage.

scholarly journals Understanding marketing and marketing policies in international markets

1985 ◽  
Vol 16 (1) ◽  
pp. 49-53
Author(s):  
Hazel T. Suchard
Keyword(s):  
Economic Development ◽  
International Markets ◽  
Economic Factors ◽  
Pricing Policy ◽  
Promotion Policy ◽  
Level Of Economic Development ◽  
Urban Distribution ◽  
Policy Promotion ◽  
The Impact ◽  
Specific Country

Marketing and marketing policy in international markets, must be based, according to the authoress, upon the level of economic development within a specific country and regions within a specific country. The authoress proceeds to provide stages in development and discusses the implications for product policy, pricing policy, promotion policy, and distribution policy. The impact of other economic factors, cultural forces, political and legal forces are also discussed. The authoress concludes by referring to rural versus urban distribution and its influence on international marketing.

Granger Causality between Tourism and Income: A Meta-regression Analysis

2019 ◽  
Vol 59 (4) ◽  
pp. 642-660 ◽  
Author(s):  
Nino Fonseca ◽  
Marcelino Sánchez Rivero
Keyword(s):  
Economic Development ◽  
Regression Analysis ◽  
Population Size ◽  
Granger Causality ◽  
Research Design ◽  
Level Of Economic Development ◽  
Meta Regression ◽  
Meta Regression Analysis ◽  
Growth Hypothesis

In this article, we sum up the literature on the study of Granger causality relationships between tourism and income using a meta-regression analysis. We conclude that the acceptance of the tourism-led growth hypothesis is likelier the higher the countries’ degree of tourism specialization and population size. However, neither these variables nor the level of economic development is relevant for the explanation of the probability of acceptance of the hypothesis of reverse Granger causality. Notwithstanding these results, we find that several features of the research design are associated with the acceptance of both hypotheses.

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