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SummaryThe recent downfall of autocracies worldwide, most notably in the Middle East, raises the question: Do the new, more democratic regimes hold a promise of creating a better economic and business environment? To answer this question, I analyze a new large‐scale firm‐level dataset for the post‐regime‐change time horizon of up to 20 years. The main finding is that during the post‐revolution time period the business environment is likely to worsen under the new politically unstable regimes that replace stable autocracies.

openAccessArticle: False ; Page Range: 51-51 ; doi:10.1016/S0313-5926(12)50004-4 ; Harvest Date: 2016-01-12 15:10:43 ; issueName: ; cover date: 2012-03-01 ; pubType:

Do faculty who teach more produce less research? We revisit this question with a better measure of research productivity, eschewing simple publication counts in favor of the impact of research measured by Google citations. Using original data, we pose this question in the broader context of other determinants of scholarly productivity. We find that heavier teaching crowds out research. Furthermore, faculty with more teaching duties tend to protect the quantity of their research more than the quality. We also find that faculty rank, promotion, experience, gender, the ability to win grants, and the ranking of the resident school are significant predictors of faculty research output. JEL Classifications: I23, J24