A logit analysis of development and democracy. The Romania's case
A logit analysis of development and democracy. The Romania's case
Author(s): Mihai Mutascu , Anne-Marie FleischerSubject(s): Economic policy, Government/Political systems, Political economy, Economic development
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Development; Democracy; Regime Durability; Binary Choice Model; Logit Analysis;
Summary/Abstract: The paper analyzes empirically, in Romania’s case, the relationship between economic development (dependent variable) and its political factors (independent variables). The analysis is based on the construction of a linear “Logit Model” and the data set is covering the period 1926- 2007. The main results show that, in Romania’s case, which the economy has an expansive and competitive market, the economic development, can be accompanied, by high levels of democratization, with high political stability, on a republican base, but this is not a rule.
Journal: Analele Ştiinţifice ale Universităţii »Alexandru Ioan Cuza« din Iaşi. Ştiinţe economice
- Issue Year: 58/2011
- Issue No: Spec
- Page Range: 173-182
- Page Count: 10
- Language: English