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Full-Text Articles in Social and Behavioral Sciences

Legal Protection Of Property Rights: A Dynamic Evolution Model, Fali Huang Nov 2023

Legal Protection Of Property Rights: A Dynamic Evolution Model, Fali Huang

Research Collection School Of Economics

This paper presents an analysis of a dynamic evolution model of institutions, focusing on the factors affecting the security of property rights such as coercive capacity, political power, legal quality, and private protection. These factors are endogenously determined in equilibrium, allowing legal quality to serve as a summary indicator of property security. The primary finding of the study indicates that the legal protection of property rights tends to increase over time, driven by a decline in the economy's vulnerability to expropriation, particularly due to the growing importance of commercial and industrial activities relative to agriculture. Furthermore, the coexistence of the …


Demographic Structure And Voting Behaviour During Democratization: Evidence From Malaysia's 2022 Election, Sebastian Carl Dettman, Thomas B. Pepinsky Sep 2023

Demographic Structure And Voting Behaviour During Democratization: Evidence From Malaysia's 2022 Election, Sebastian Carl Dettman, Thomas B. Pepinsky

Research Collection School of Social Sciences

Malaysia’s fifteenth general election (GE15) was a milestone in the country’s democratization process, with new parties and political movements competing with established political coalitions. In this paper, we investigate how Malaysia’s cleavage structure—a central feature of Malaysia’s prior authoritarian regime—shapes electoral competition in a newly competitive political environment. We find that the “race paradigm” (Milner, Embong, and Tham 2014) remains central to explaining party strategy and coalition behavior in GE15, but that more democratic competition has increased the salience of regional differences—both between peninsular Malaysia and East Malaysia, and within peninsular Malaysia itself. Our analysis reveals the structural foundations of …


Continuity, History, And Identity: Why Bongbong Marcos Won The 2022 Philippine Presidential Election, Dean C. Dulay, Allen Hicken, Anil Menon, Ronald Holmes Mar 2023

Continuity, History, And Identity: Why Bongbong Marcos Won The 2022 Philippine Presidential Election, Dean C. Dulay, Allen Hicken, Anil Menon, Ronald Holmes

Research Collection School of Social Sciences

In May of 2022, Bongbong Marcos won a commanding 59 percent of the vote to become president of the Philippines. His victory was, on some level, shocking to scholars and analysts of Philippine politics. As a result, a plethora of different theories have been proposed, in an attempt to explain why Marcos won. In this paper, we use nationally representative survey data to explore which factors predict (and do not predict) voting intention for Marcos. We find that, a) support for former President Rodrigo Duterte, b) positive perceptions of the late President Ferdinand Marcos and martial law, and c) ethnic …


Is Democracy Good For Growth? | Development At Political Transition Time Matters, Di Sima, Fali Huang Jan 2023

Is Democracy Good For Growth? | Development At Political Transition Time Matters, Di Sima, Fali Huang

Research Collection School Of Economics

Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already have adequate development at transition time. These countries are more likely to create and sustain growth-enhancing institutions than others. Without appropriate development, democracy does not improve growth; this applies to about 40% of the third-wave democratized countries. These results are based on a sample of 153 countries in 1960–2010 and robust to various specifications and endogeneity issues.


Is Democracy Good For Growth? Development At Political Transition Time Matters, Di Sima, Fali Huang Jan 2023

Is Democracy Good For Growth? Development At Political Transition Time Matters, Di Sima, Fali Huang

Research Collection School Of Economics

Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already have adequate development at transition time. These countries are more likely to create and sustain growth-enhancing institutions than others. Without appropriate development, democracy does not improve growth; this applies to about 40% of the third-wave democratized countries. These results are based on a sample of 153 countries in 1960–2010 and robust to various specifications and endogeneity issues.