Participative Political Institutions and City Development 800-1800
51 Pages Posted: 10 Feb 2015 Last revised: 10 Jun 2015
Date Written: June 9, 2015
This study investigates the effect of participative political institutions (PPIs) that emerged in many central European cities from the late 13th century. The empirical analysis of the paper is based on newly compiled long-run data for the existence of different types of PPIs in 104 cities in the Holy Roman Empire. The effect of both an overall index of participativeness of political institutions as well as of the individual PPIs is tested empirically. When pooled over all periods and observations, there seems to be a significant positive overall effect of PPIs. The study founds considerable temporal heterogeneity in the effect of PPIs. Furthermore, the effect of different types of PPIs differs substantially and in general seems to be shortlived.That is, the results show that the positive initial effect of participative election of the city government declined over time.
Keywords: Medieval Period, Early-Modern Period, Central Europe, City Development, Political Institutions, Guilds
JEL Classification: N44, N94, O10, R11, H11, D72
Suggested Citation: Suggested Citation