加载中…
个人资料
潇湘剑客
潇湘剑客
  • 博客等级:
  • 博客积分:0
  • 博客访问:502,881
  • 关注人气:1,104
  • 获赠金笔:0支
  • 赠出金笔:0支
  • 荣誉徽章:
正文 字体大小:

民主到底能否促进经济增长:我们最近的两篇工作论文

(2018-04-09 21:08:31)
分类: 我自己的工作
我们关于民主和经济增长的两篇论文的工作论文版已经上线,www.academia.edu。欢迎下载。
这两篇文章是姊妹篇,其中一篇今年底会出版在Kyklos杂志。

我自认为,我们发展的理论是迄今对这个重要问题的最为sophisticated的理论。从实证上,在数据的限制下,我们也为我们的理论提供了我们能够做到的最强有力的证据。

简而言之,民主对经济增长的影响是间接的,通过特定渠道的,而且是有条件的 (indirect, channel-specific, and conditional)。但是,民主对经济增长确实有独特的促进作用。

Hierarchy, Liberty, and Innovation:

Democracy’s Unique Advantage in Promoting Growth Restated

Shiping Tang

 

Abstract

 

Bringing together classic defense of liberty and democracy, the political economy of hierarchy, endogenous growth theory, and the new institutional economics on growth, we propose a new institutional theory that identifies democracy’s unique advantage in prompting economic growth. We contend that the channel of liberty-to-innovation is the most critical channel in which democracy holds a unique advantage over autocracy in promoting growth, especially during the stage of growth via innovation. Because all human societies are hierarchical and hierarchy facilitates growth by bringing stability and order yet harms innovation and growth by demanding obedience to authority, an economy must strike a balance between maintaining stability and facilitating innovation. Democracy achieves this balance by protecting liberty whereas autocracy sacrifices innovation for stability. Democracy thus does hold a unique advantage in promoting growth over autocracy, but this advantage is indirect, channel-specific, and conditional. Evidences from three historical cases demonstrate that although key scientific breakthroughs can indeed pop up under autocracies, democracy is a necessary, though insufficient, condition for protecting major scientific breakthroughs that may challenge orthodoxies.


Democracy’s Unique Advantage in Promoting Economic Growth:

Quantitative Evidences for a New Institutional Theory

Rui Tang1 & Shiping Tang2*

 

 

(NOTE: This is the working paper version of a paper that is forthcoming from Kyklos, vol. 71, no. 4, Nov. 2018)

Abstract

 

Bringing together the classic defense of liberty and democracy, the political economy of hierarchy, endogenous growth theory, and the new institutional economics on growth, we propose a new institutional theory that identifies democracy’s unique advantage in prompting economic growth. We contend that the channel of liberty-to-innovation is the most critical channel in which democracy holds a unique advantage over autocracy in promoting growth, especially during the stage of growth via innovation. Our theory thus predicts that democracy holds a positive but indirect effect upon growth via the channel of liberty-to-innovation, conditioned by the level of economic development. We then present quantitative evidence for our theory. To our best knowledge, we are the first to propose such an indirect and conditional effect of democracy upon economic development and provide systematic evidences. Our study promises to integrate and reconcile many seemingly unrelated and often contradictory theories and evidence regarding regime and growth, including providing a possible explanation for the inconclusive results from regressing overall regime score against the rate of economic growth or change in level of GDP per capita.

0

阅读 收藏 喜欢 打印举报/Report
  

新浪BLOG意见反馈留言板 欢迎批评指正

新浪简介 | About Sina | 广告服务 | 联系我们 | 招聘信息 | 网站律师 | SINA English | 产品答疑

新浪公司 版权所有