Good verses bad political institutions and economic welfare.

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dc.contributor.authorDawood Mamoon
dc.date.accessioned2018-10-19T11:31:57Z
dc.date.available2018-10-19T11:31:57Z
dc.date.issued2015
dc.description.abstractThe paper finds that countries which practice democracy are less prone to unequal outcomes especially when it comes to wage inequality and income inequality whereas autocracy is associated with higher level of wage inequalities but its impact on income inequalities are insignificant. Though under good economic management, autocracies may redistribute incomes from the richest to the poorest, more generally an autocratic set up violates the median voter hypothesis. The results also show that political stability and voice and accountability are more sensitive to inequalities than democracy and autocracy which is to say that the countries which are politically stable and practice accountability also form more equal societies.en_US
dc.identifier.citationMamoon, D. (2015). Good verses Bad Political Institutions and Economic Welfare.International Journal of Economics and Empirical Research. 3(4), 165-175.(Dawood Mamoon)en_US
dc.identifier.urihttps://escholar.umt.edu.pk/handle/123456789/3365
dc.language.isoenen_US
dc.publisherInternational Journal of Economics and Empirical Research.en_US
dc.subjectEconomicsen_US
dc.subjectInstitutions, Trade Liberalisation, Redistribution, Wage Inequalityen_US
dc.titleGood verses bad political institutions and economic welfare.en_US
dc.typeArticleen_US
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