The DOI matches its Crossref record; 72 of the 72 references it cites were found in a registry or an index.
DEMOCRACY AND GLOBALIZATION
Abstract
The relationship between democracy and globalization has been a subject of both scholarly and policy debate. Some argue that the two go hand in hand – that unrestricted international transactions encourage political accountability and transparency and that politically free societies are least likely to restrict the mobility of goods and services. But others argue that democracies, in which special interests that suffer from foreign competition have voice, are more likely to have closed markets, and vice versa. Our analysis differs from its predecessors in three ways. We seek to uncover general patterns by considering as long a period as possible and all countries with the relevant data. We consider multiple dimensions of globalization, analyzing both trade liberalization and capital account liberalization. And we estimate these relationships using an instrumental variables strategy that allows us to confront the issue of simultaneity. Our findings support the existence of positive relationships between democracy and globalization.
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Cites
Capitalism, Socialism and Democracy
Fukuyama, F., & Schumpeter, J. A. (1997) · Foreign Affairs · doi:10.2307/20048211 · Cited by 15,264
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
The third wave: democratization in the late twentieth century
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Why do Some Countries Produce So Much More Output Per Worker than Others?
Hall, R. E., & Jones, C. I. (1999) · The Quarterly Journal of Economics · doi:10.1162/003355399555954 · Cited by 7,879
Testing for Weak Instruments in Linear IV Regression
Stock, J. H., & Yogo, M. (2005) · Identification and Inference for Econometric Models · doi:10.1017/cbo9780511614491.006 · Cited by 7,211
Instrumental Variables Regression with Weak Instruments
Staiger, D., & Stock, J. H. (1997) · Econometrica · doi:10.2307/2171753 · Cited by 7,081
Some Social Requisites of Democracy: Economic Development and Political Legitimacy
Lipset, S. M. (1959) · American Political Science Review · doi:10.2307/1951731 · Cited by 7,050
The Colonial Origins of Comparative Development: An Empirical Investigation: Reply
Acemoglu, D., Johnson, S., & Robinson, J. A. (2012) · American Economic Review · doi:10.1257/aer.102.6.3077 · Cited by 6,047
Instrumental Variables Regression with Weak Instruments
Staiger, D., & Stock, J. (1994) · doi:10.3386/t0151 · Cited by 5,302 · cited 1×
“First, we calculate an F-test for the exclusion of the instrument(s) based on the first stage regression and consider our instrument(s) valid if the F-statistic exceeds ten (the threshold suggested by Staiger and Stock 1997).”
Economic Reform and the Process of Global Integration
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Cited by
The Politics of Authoritarian Rule
Svolik, M. W. (2012) · doi:10.1017/cbo9781139176040 · Cited by 2,611
Which Democracies Will Last? Coups, Incumbent Takeovers, and the Dynamic of Democratic Consolidation
Svolik, M. W. (2015) · British Journal of Political Science · doi:10.1017/s0007123413000550 · Cited by 265
Gaming Democracy: Elite Dominance during Transition and the Prospects for Redistribution
Albertus, M., & Menaldo, V. (2014) · British Journal of Political Science · doi:10.1017/s0007123413000124 · Cited by 242
Kapstein, E. B., & Converse, N. (2008) · doi:10.1017/cbo9780511817809 · Cited by 149
Metadata
- Authors
- EICHENGREEN, B., & LEBLANG, D.
- Venue
- Economics & Politics
- Publisher
- Wiley
- Published
- 2008-10-13
- Volume
- 20
- Issue
- 3
- Pages
- 289-334
- ISSN
- 0954-1985 (ISSN-L)
- 1468-0343
- OpenAlex
- W1968957393
- Cited by
- 377
- References
- 72
- FWCI
- 130.34
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
