20.500.12556/RUL-159775 Measuring political institutions in the long run a latent variable analysis of political regimes, 1810–2018 In this article, latent variable analysis is used to construct hybrid measure of political development based on the plausible common variation between objective and subjective indicators of political institutions. For a sample of 167 countries for the period 1810–2018, we chart long-term paths of political development. Our empirical strategy attempts to overcome the existing potential bias in the measures of democracy in the long run by extracting the institutional characteristics of political regimes, voter turnout, expert-based assessments and electoral outcomes into two latent indices of political development that can be compared both across space and time. The evidence reveals the remarkable persistence of multiple peaks in the world distribution of political development and uncovers contrasting long-term trajectories across countries traditionally featured in the political economy literature. Our findings add to the current debate about measurement of democratic backsliding. socio-political system public institutions analysis political institutions comparative long-run development principal component analysis empirical political economy družbenopolitična ureditev družbene ustanove analiza true false true Angleški jezik Slovenski jezik Članek v reviji 2024-07-24 14:54:23 2024-07-24 14:54:29 2024-07-25 03:52:46 0000-00-00 00:00:00 2024 0 0 Str. 867-914 iss. 3 Vol. 173 2024 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 321 0303-8300 10.1007/s11205-024-03364-1 200287235 s11205-024-03364-1.pdf s11205-024-03364-1.pdf 1 E089E5305B0B86F283A662EB7E883F2F 6e97c37fb72a28b7fd203c6c12aaa83b20e54b7a7a782de43855820e40c25f7b f4bc661a-49bb-11ef-8f74-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=187975 https://link.springer.com/article/10.1007/s11205-024-03364-1 0 d5bd3a39-49bb-11ef-8f74-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=187974 Ekonomska fakulteta 0 0 0