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5 - The Jumps Model for the Short Run

from Part IIA - The Democratic Transition

Published online by Cambridge University Press:  07 August 2021

Martin Paldam
Affiliation:
Aarhus Universitet, Denmark
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Summary

The Polity P-index, 1960–2016, is constant in 7,355 country-years and jumps in 637 country-years, where 199 of the jumps are larger than three Polity points. The deviation of P from the transition curve is defined as the system tension. The Jumps Model states that the transition curve is an attractor for jumps caused by random triggering events. The tensions do explain the larger jumps rather well, while small jumps are random. However, the jumps tend to be larger than the tensions, giving an overshooting pattern of cyclical adjustment. Some of the jumps are a sequence of small jumps in consecutive years. Most changes toward dictatorship are large discrete jumps, while most changes to democracy are sequences. System jumps have a strong grievance asymmetry: Weak growths give more system change, while high growth generates little extra stability.

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Publisher: Cambridge University Press
Print publication year: 2021

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  • The Jumps Model for the Short Run
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.009
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  • The Jumps Model for the Short Run
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.009
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • The Jumps Model for the Short Run
  • Martin Paldam, Aarhus Universitet, Denmark
  • Book: The Grand Pattern of Development and the Transition of Institutions
  • Online publication: 07 August 2021
  • Chapter DOI: https://doi.org/10.1017/9781009025898.009
Available formats
×