Autokracie a ochrana vlastnických práv
| Title in English | Autocracies and Property Rights Protection |
|---|---|
| Authors | |
| Year of publication | 2012 |
| Type | Article in Periodical |
| Magazine / Source | Ekonomický časopis |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | autocracies; property rights protection; institutional environment |
| Description | This paper uses a simple econometric model to test a hypothesis of the dependency of the level of property rights protection in autocratic regimes on a probability that the ruling power group stays in power. The model also tests if there is a significant relationship between a communist ideological orientation of a ruling group and property rights protection. The model is based on cross-sectional data over the period of 1984 - 2007, and its results indicate that the relationship between the level of property rights protection and the probability that a ruling power group stays in power is systematically significant only in 1980s; therefore the hypothesis does not seem to be generally valid. The outcomes of the model do not even support the significance of a communist ideological orientation for the level of property rights protection. |
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