Construct · 1 fields · 1 citations

democratic capital: a standalone construct

One name. One construct. A landmark on the map.

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Comparative politics

a country's accumulated historical experience with democracy, modeled as a stock that builds up over time and makes both democracy and growth more stable.

In comparative politics, democratic capital refers to a country's accumulated historical experience with democracy, modeled as a stock that builds up over time and makes both democracy and growth more stable. This meaning comes from Persson (2009) in American Economic Journal: Macroeconomics.[1]

Unit
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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs experience4 fields · 6 citationsjingle · one word, four constructs growth4 fields · 4 citationsjingle · one word, four constructs

References

Persson, T., & Tabellini, G. (2009). Democratic Capital: The Nexus of Political and Economic Change. American Economic Journal: Macroeconomics, 1(2), 88-126. https://doi.org/10.1257/mac.1.2.88

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