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Political competition and growth in global perspective: Evidence from panel data

Author

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  • Georg Man

Abstract

The present paper investigates the relationship between political competition, its components (executive versus legislature), and economic growth in international panel data. The results suggest the presence of a statistically significant nonlinearity between political competition (overall and in the executive) and growth in the form of a U-shape. In contrast, political competition variables do not exert statistically significant effects on growth in linear specifications. These results withstand an array of extensions and robustness checks, and provide international panel data evidence complementing work conducted for national and cross-sectional contexts.

Suggested Citation

  • Georg Man, 2016. "Political competition and growth in global perspective: Evidence from panel data," Journal of Applied Economics, Universidad del CEMA, vol. 19, pages 363-382, November.
    • Handle: RePEc:cem:jaecon:v:19:y:2016:n:2:p:363-382
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    File URL: https://ucema.edu.ar/publicaciones/download/volume19/man.pdf
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    Cited by:

    1. Guanglei Yang & Dongqin Cao & Guoxing Zhang, 2023. "How does industry-university-research collaborative innovation affect energy intensity in China: a novel explanation based on political turnover," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    2. Maddah, Majid & Ghaffari Nejad, Amir Hossein & Sargolzaei, Mostafa, 2022. "Natural resources, political competition, and economic growth: An empirical evidence from dynamic panel threshold kink analysis in Iranian provinces," Resources Policy, Elsevier, vol. 78(C).
    3. Li, Houjian & Tang, Mengqian & Cao, Andi & Guo, Lili, 2024. "How to reduce firm pollution discharges: Does political leaders' gender matter?," Technological Forecasting and Social Change, Elsevier, vol. 204(C).
    4. Jahen F. Rezki, 2022. "Political competition and economic performance: evidence from Indonesia," Economics of Governance, Springer, vol. 23(2), pages 83-114, June.
    5. Deng, Yuping & Wu, Yanrui & Xu, Helian, 2019. "Political turnover and firm pollution discharges: An empirical study," China Economic Review, Elsevier, vol. 58(C).
    6. Rezki, Jahen Fachrul, 2018. "Political Competition and Local Government Performance: Evidence from Indonesia," SocArXiv nekps, Center for Open Science.

    More about this item

    Keywords

    economic growth; market power; panel data; political competition;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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