The Role of Freedom, Growth and Religion in the Taste for Revolution

London School of Economics Working Paper No. 01-2001

39 Pages Posted: 7 Jul 2004

See all articles by Robert MacCulloch

Robert MacCulloch

Imperial College London - Tanaka Business School

Silvia Pezzini

Hong Kong Monetary Authority

Multiple version iconThere are 4 versions of this paper

Date Written: May 12, 2004

Abstract

Property rights, whose security is often threatened by civil conflict, are a necessary condition for the establishment of a market economy. Yet a fundamental and unresolved empirical question is whether the lack of political and civil freedoms is one of the root causes of greater insecurity. This paper takes a new approach to provide an answer by using micro-data on the revolutionary tastes of 106,170 people in 61 nations from 1981-97. Controlling for country fixed effects, year fixed effects and endogeneity, freedom has strong and robust negative effects on revolutionary support. A one standard deviation rise in freedom, equivalent to a shift from Argentina to the US, decreases the support for a revolt by 3 percentage points, or 38% of the standard deviation of the proportion of people who want one. Higher GDP growth rates can buy off part of the increase in revolutionary support when freedoms are constrained. There is also evidence that being religious reduces revolutionary tastes although the size of the effect varies with the extent of freedom and disappears entirely in non-free nations.

Keywords: Revolt, Property Rights, Freedom, Growth, Religion

JEL Classification: D74, H11, O1, O4, Z12

Suggested Citation

MacCulloch, Robert and Pezzini, Silvia, The Role of Freedom, Growth and Religion in the Taste for Revolution (May 12, 2004). London School of Economics Working Paper No. 01-2001, Available at SSRN: https://ssrn.com/abstract=561922 or http://dx.doi.org/10.2139/ssrn.561922

Robert MacCulloch (Contact Author)

Imperial College London - Tanaka Business School ( email )

South Kensington Campus
Exhibition Road
London SW7 2AZ, SW7 2AZ
United Kingdom

Silvia Pezzini

Hong Kong Monetary Authority ( email )

3 Garden Road, 30th Floor
Hong Kong
Hong Kong

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
115
Abstract Views
2,117
Rank
106,197
PlumX Metrics