Journal
EUROPEAN JOURNAL OF POLITICAL ECONOMY
Volume 25, Issue 1, Pages 30-41Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.ejpoleco.2008.08.001
Keywords
Satisfaction with democracy; Political economy; Institutions
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This paper analyses how institutional factors affect satisfaction with democracy (SWD). It employs a panel of observations from Eurobarometers in the time span 1990-2000, and thus is one of the first studies to consider the longitudinal dimension of the driving forces of SWD. We find that high-quality institutions like the rule of law, well-functioning regulation, low corruption, and other institutions that improve resource allocation have a positive effect on average satisfaction with democracy. (C) 2008 Published by Elsevier B.V.
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