The dictator effect: how long years in office affect economic development

@article{Papaioannou2014TheDE,
  title={The dictator effect: how long years in office affect economic development},
  author={Kostadis J. Papaioannou and Jan Luiten van Zanden},
  journal={Journal of Institutional Economics},
  year={2014},
  volume={11},
  pages={111 - 139}
}
Abstract This paper contributes to the growing literature on the links between political regimes and economic development by studying the effects of years in office on economic development. The hypothesis is that dictators who stay in office for a long time period will find it increasingly difficult to carry out sound economic policies. We argue that such economic policies are the result of information asymmetries inherent to dictatorships (known as the ‘dictator dilemma’) and of changes in the… 
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