Autocracies and Property Rights Protection Cover Image

Autokracie a ochrana vlastnických práv
Autocracies and Property Rights Protection

Author(s): Štěpán Mikula
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: autocracies; property rights protection; institutional environment

Summary/Abstract: This paper uses a simple econometric model to test a hypothesis of the de-pendency 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.

  • Issue Year: 60/2012
  • Issue No: 05
  • Page Range: 528-543
  • Page Count: 16
  • Language: Czech