The DOI matches its Crossref record; 55 of the 55 references it cites were found in a registry or an index.
Economic Backwardness in Political Perspective
Abstract
We construct a simple model where political elites may block technological and institutional development, because of a “political replacement effect.” Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites are unwilling to initiate change and may even block economic development. We show that the relationship between blocking and political competition is nonmonotonic: elites are unlikely to block development when there is a high degree of political competition or when they are highly entrenched. It is only when political competition is limited and also when their power is threatened that elites will block development. Blocking is also more likely when political stakes are higher, for example, because of land rents enjoyed by the elites. External threats, on the other hand, may reduce the incentives to block.
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Persistence of power, Elites, and institutions
Acemoglu, D., & Robinson, J. A. (2008) · American Economic Review · doi:10.1257/aer.98.1.267 · Cited by 1,268
Self-citationGALOR, O., MOAV, O., & VOLLRATH, D. (2009) · Review of Economic Studies · doi:10.1111/j.1467-937x.2008.00506.x · Cited by 746
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Metadata
- Authors
- ACEMOGLU, D., & ROBINSON, J. A.
- Venue
- American Political Science Review
- Publisher
- Cambridge University Press (CUP)
- Published
- 2006-02
- Volume
- 100
- Issue
- 1
- Pages
- 115-131
- ISSN
- 0003-0554 (ISSN-L)
- 1537-5943
- OpenAlex
- W3122122189
- Cited by
- 709
- References
- 55
- FWCI
- 63.15
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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