Leader Assassination and Economic Growth
نویسندگان
چکیده
This paper studies whether national leadership shocks affect a country’s economic growth. Jones and Olken [2005] find that national leaders’ accidental death affects growth. In subsequent work, Jones and Olken [2009] find that different outcomes of assassination attempts, successful attempts versus unsuccessful ones, matter for countries’ institutions. This paper considers whether the outcome of assassination attempts matters for economic growth. Evidence suggests that it has no significant effect, which is surprising given the findings of Jones and Olken [2005]. JEL classifications: Economic Growth (O40), Political Economy (P48) Corresponding author’s contact: Economics Department, Southern Illinois University Carbondale, Carbondale Illinois 62901. E-mail: [email protected], phone: (618) 453-5095, fax: (618) 453-2717. Economics Department, Southern Illinois University Carbondale, Carbondale Illinois 62901. Economics Department, Bloomsburg University of Pennsylvania, 400 East Second Street, Bloomsburg Pennsylvania 17815. The footrest on your high throne Is worn smooth from the crest jewels of lesser kings, Bowing their crowned heads in surrender. But good fortune is a wanton harlot, Going where she will – Oh majesty, is she still yours? — from Ramayana, by Valmiki
منابع مشابه
Inequality as a Cause of Environmental Degradation
This paper advances two hypotheses. First, the extent of an environmentally degrading economic activity is a function of the balance of power between the winners, who derive net benefits from the activity, and the losers, who bear net costs. Second, greater inequalities of power and wealth lead, all else equal, to more environmental degradation. “We can't see how the authorities can say they de...
متن کاملEconomic Growth and Political Survival
Using data for 162 countries for the period 1962-2006, this paper examines the importance of the national economic growth rate for the ability of a national leader to retain his or her position. To address the potential endogeneity of economic growth, I use commodity prices, export partner incomes, precipitation, and temperature to instrument for a country’s growth rate. The results indicate th...
متن کاملHow Much Do Leaders Explain Growth? An Exercise in Growth Accounting
High average rates of economic growth are often seen as evidence of good national leadership. This commonlyused metric substantially upward biases the growth contribution of leaders because transitory shocks also affect average growth rates. The bias is much larger in autocratic countries, because the transitory component of their growth rates tends to be much more volatile. Even identification...
متن کاملPopulation Window, Human Resource Management and Sustainable Economic Growth in the Second Phase of the Islamic Revolution of Iran
The Supreme Leader of the Islamic Revolution issued “the Second Phase of the Revolution Statement” addressed to the Iranian nation" explained and interpreted the remarkable achievements of the last four decades, which is a document and a strategy to be implemented in the fifth decade of the revolution and its core is to entrust the job to young people aiming at comprehensive development. What i...
متن کامل