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ECONOMIC DEVELOPMENT WITH ENDOGENOUS POLITICAL PARTICIPATION
Author(s) -
Ades Alberto
Publication year - 1995
Publication title -
economics and politics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.822
H-Index - 45
eISSN - 1468-0343
pISSN - 0954-1985
DOI - 10.1111/j.1468-0343.1995.tb00106.x
Subject(s) - politics , economics , urbanization , per capita , economic system , per capita income , simple (philosophy) , positive economics , public economics , political science , economic growth , sociology , law , population , philosophy , demography , epistemology
This paper combines two approaches to the relationship between economics and politics. The first, standard in the economic literature, takes political arrangements as exogenous and examines the way in which different political regimes influence economic performance. A second approach, normally followed by political scientists, takes economic performance as exogenous and analyzes the way in which the political structure of society responds to it. I integrate both approaches in a simple model that provides a framework to think about the observed correlations between income per capita and political participation. Extensions to the basic model show the possibility of multiple equilibria, and are used to analyze totalitarianism and the role of urbanization.