dc.contributor.author | Oyekola, O | |
dc.date.accessioned | 2023-11-27T09:40:55Z | |
dc.date.issued | 2023 | |
dc.date.updated | 2023-11-26T09:13:19Z | |
dc.description.abstract | Using a large panel of countries, this paper studies whether, or not, democracies can disproportionately produce better economic outcomes for the poor than non-democracies. To deal with the endogeneity of democracy and inequality, a regional democratisation wave is used to isolate the exogenous variation in country-level democracy. Our main finding is that the exogenous component of democracy significantly and robustly decreased inequality in the long run, after controlling for key inequality determinants. We identify that the two potential mechanisms through which democracy affects inequality are structural transformation and middle-class bias channels. However, we find that this negative democracy-inequality link is reversed in the short run. | en_GB |
dc.identifier.citation | Awaiting citation and DOI | en_GB |
dc.identifier.uri | http://hdl.handle.net/10871/134658 | |
dc.identifier | ORCID: 0000-0003-2984-7144 (Oyekola, Olayinka) | |
dc.identifier | ScopusID: 57225148305 (Oyekola, Olayinka) | |
dc.language.iso | en | en_GB |
dc.publisher | Springer | en_GB |
dc.rights.embargoreason | Under temporary indefinite embargo pending publication by Springer. 12 month embargo to be applied on publication | en_GB |
dc.subject | democracy | en_GB |
dc.subject | inequality | en_GB |
dc.subject | Structural transformation | en_GB |
dc.subject | Middle-class bias | en_GB |
dc.subject | Captured democracy | en_GB |
dc.title | Life May Be Unfair, But Do Democracies Make It Any Less Burdensome? | en_GB |
dc.type | Article | en_GB |
dc.date.available | 2023-11-27T09:40:55Z | |
dc.identifier.issn | 1573-8701 | |
dc.description | This is the author accepted manuscript. | en_GB |
dc.description | Data Availability Statement:
The data that support the findings of this study are available from the author upon request. | en_GB |
dc.identifier.eissn | 1573-8701 | |
dc.identifier.journal | Journal of Economic Inequality | en_GB |
dc.relation.ispartof | Journal of Economic Inequality | |
dc.rights.uri | http://www.rioxx.net/licenses/all-rights-reserved | en_GB |
dcterms.dateAccepted | 2023-11-09 | |
dcterms.dateSubmitted | 2020-11-25 | |
rioxxterms.version | AM | en_GB |
rioxxterms.licenseref.startdate | 2023-11-09 | |
rioxxterms.type | Journal Article/Review | en_GB |
refterms.dateFCD | 2023-11-26T09:13:21Z | |
refterms.versionFCD | AM | |
refterms.panel | C | en_GB |