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Institutional Transformations, Polity and Economic Outcomes :, Testing the North-Wallis-Weingast Doorsteps Framework, Marc Quintyn, Sophia Gollwitzer

This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: (i) the establishment of rule of law among elites; (ii) the adoption of perpetually existing organizations; and (iii) the political control of the military. We identify indicators reflecting these doorsteps and graphically test the correlation between them and a set of political and economic variables. Finally, through Identification through Heteroskedasticity we test these relationships econometrically. The paper broadly confirms the logic behind the doorsteps as necessary steps in the transition to open access societies. The doorsteps influence economic and political processes, as well as each other, with varying intensity. We also identify income inequality as a potentially important force leading to social change
Table Of Contents
Cover; Contents; I. Introduction; II. Overview of Related Literature; A. The Essence of North-Wallis-Weingast; B. Empirical Work; III. A Composite Doorsteps Indicator; A. Aggregation of the Index; B. Country Doorsteps Scores; Figures; Figure 1. Overall Doorsteps Indicator; Figure 2. D1; Figure 3. D2; Figure 4. D3; Figure 5. D-Overall for High Income Countries; Figure 6. D-Overall for Middle Income Countries; C. Correlations within and between the Doorsteps; Figure 7. D-Overall for Low Income Countries; IV. Doorsteps and Performance - A Graphical Analysis; A. Political Symptoms; Democracy
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (60 p.)
Specific Material Designation
Form Of Item

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