Cervellati, Matteo; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2011
. Exploiting within-country variation to identify the effect of democratization during the “Third Wave”, we find evidence that the … effect of democratization is weaker than reported previously once one accounts for the incidence of conflict, while the … significantly reduce the incidence and onset of conflict, which suggests that part of the positive growth effect of democratization …