The coevolution of economic and political development from monarchy to democracy
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of different factors in production, and political conflicts among factor owners on how to divide the outputs. The main capital form in economy evolves from land to...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1982 https://ink.library.smu.edu.sg/context/soe_research/article/2981/viewcontent/Huang_2012_International_Economic_Review__1_.pdf |
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| Institution: | Singapore Management University |
| Language: | English |