The Quality of Institutions and Satisfaction with Democracy in Western Europe - A Panel Analysis
Posted: 2 Sep 2008 Last revised: 13 Oct 2014
Date Written: September 1, 2008
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.
Keywords: Satisfaction with democracy, political economy, institutions
JEL Classification: H11, P16
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