(Successful) Democracies Breed Their Own Support

Author:

Acemoglu Daron1,Ajzenman Nicolás2,Aksoy Cevat Giray3,Fiszbein Martin4,Molina Carlos1

Affiliation:

1. Department of Economics, Massachusetts Institute of Technology , USA

2. Department of Economics, McGill University, IZA, and FGV-EESP , Canada

3. European Bank for Reconstruction and Development & King’s College London , UK

4. Department of Economics, Boston University and NBER, USA

Abstract

Abstract Using large-scale survey data covering more than 110 countries and exploiting within-country variation across cohorts and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic institutions, and that this effect is almost entirely driven by exposure to democracies with successful performance in terms of economic growth, control of corruption, peace and political stability, and public goods provision. Across a variety of specifications, estimation methods, and samples, the results are robust, and the timing and nature of the effects are consistent with our interpretation. We also present suggestive evidence that democratic institutions that receive support from their citizens perform better in the face of negative shocks.

Publisher

Oxford University Press (OUP)

Reference75 articles.

1. Income and Democracy;Acemoglu;American Economic Review,2008

2. Reevaluating the Modernization Hypothesis;Acemoglu;Journal of Monetary Economics,2009

3. Democracy Does Cause Growth;Acemoglu;Journal of Political Economy,2019

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