Explaining the Rain: <i>The Rise and Decline of Nations</i> after 25 Years

Heckelman, Jac C.

doi:10.1002/j.2325-8012.2007.tb00824.x

Cited by 37 publications

(2 citation statements)

References 63 publications

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“…The variables with the most references to articles as emerged from the study of Papadakis and Atsalakis 2019 [20], in descending order are: a) GDP per capita, [4,[21][22][23][24][25][26][27][28][29][30] b) Number of interest groups, [4,22,[27][28][29][30][31][32][33][34][35] c) GDP growth rate, [22,24,[30][31][32][34][35][36][37][38][39][40][41][42] d) Government spending, [4,22,32,35,[43][44][45] e) Population, [21,22,27,35,30,…”

Section: Survey Of Interest Groups Influence In An Economymentioning

confidence: 99%

Study on the variables reflecting the action of interest groups. The case of Greek economy

Papadakis

Atsalakis

Zopounidis

2022

Preprint

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In literature there are many studies considering the action of interest groups in several countries’ societies and economies. In order to study the effect of special interest groups in the economy of each country, a multitude of variables have been used by researchers. After an extended bibliographic research in the recording of the economy affecting variables that have been used, this research presents a methodology for the selection of those which better represent the action of interest groups in the economy of Greece. The methodology used is based on Principal Component Analysis and therefore on the correlation tests needed. In this way it can be concluded which variables can be more advantageous in future research.

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Section: Survey Of Interest Groups Influence In An Economymentioning

confidence: 99%

Study on the variables reflecting the action of interest groups. The case of Greek economy

Papadakis

Atsalakis

Zopounidis

2022

Preprint

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“…Paraphrasing Heckelman (2007), Olson argued that incentives work against the formation of pro-growth groups. Groups that advocate excludable redistribution obtain large benefits for themselves while imposing costs on the broader society-that is, a redistribution akin to a negative externality.…”

Section: Institutionsmentioning

confidence: 99%

Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean

Ruprah,

Melgarejo,

Sierra

2014

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This report addresses several critical questions regarding Caribbean nations. Does size matter for economic growth and volatility? To what degree has Caribbean economic growth been inferior to that of ROSE? What could account for the Caribbean growth gap and what economic policies might decision-makers adopt to promote higher and sustainable growth? The answers to these questions will support the overarching hypothesis that the Caribbean suffers sclerosis. The almost-exclusive focus on economic growth in this report does not imply that it should be the sole criterion to judge economic performance. Nevertheless, economic growth is the central concern of Caribbean policymakers, who recognize that it is critical to improve broad economic development, and hence to improve the welfare of Caribbean citizens. The central focus here is on six countries in the region, which will be referred to as the C6: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. However, the analysis will sometimes include, most often in the aggregate, the countries of the Organisation of Eastern Caribbean States (OECS). The six members of the OECS used in this report are Antigua and Barbuda, the Commonwealth of Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.

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Model Uncertainty, Political Learning, and Institutions: A Broader View on Mancur Olson's Theory of Institutional Sclerosis

Bischoff

2007

Southern Economic Journal

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In his Rise and Decline of Nations, Mancur Olson argues that politically stable countries suffer from declining growth rates caused by the growing influence of distributional coalitions that accumulate over time. The empirical literature supports the notion of a negative relationship between a country's duration of political stability and its growth rates but finds only weak support for a negative influence of distributional coalitions on growth. This paper sketches a simple model of party competition under model uncertainty, which may explain this mixed empirical picture. It shows that politically stable democracies are less well equipped to adjust to shifts in their economic environment than democracies with a shorter history of political stability. In a further step, the paper relates the major theme of this theory and Olson's theory to the more recent literature on institutions and growth. Directions for further research are discussed.

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Explaining the Rain: The Rise and Decline of Nations after 25 Years

Cited by 37 publications

References 63 publications

Study on the variables reflecting the action of interest groups. The case of Greek economy

Study on the variables reflecting the action of interest groups. The case of Greek economy

Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean

Model Uncertainty, Political Learning, and Institutions: A Broader View on Mancur Olson's Theory of Institutional Sclerosis

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