, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the …

There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …

level of democracy is taken into account, but also changes in this level in the 1970s-1990s as measured by the political … rights indices of the Freedom House. Second, the distinction is made between the rule of law and democracy, the rule of law …

There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …

regimes and increases the chances of return to authoritarianism. The instability of democracy also leads to the deterioration … theoretic model that demonstrates instability of democracy under poor institutions and high income inequality. …

explain why resource abundance may lead to instability of democracy in some countries, but does not create any difficulties … to corruption (a measure of the institutional quality). The probability of the democracy preservation is decreasing in …

We suggest a dynamic game theoretic model to explain why resource abundance may lead to instability of democracy … Autocrat down. It is shown that the probability of democracy preservation is decreasing in the amount of resources if the … low institutional quality, a paradoxical effect takes place: the probability of democracy preservation may decrease with …

explain why resource abundance may lead to instability of democracy in some countries, but does not create any difficulties … creates a prerequisite for resource owners to have dominant economic power. If institutions are weak under democracy, the … the model exploration are as follows. The probability of democracy preservation is decreasing in the amount of resources …