Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …

This paper presents a survey of the literature on property rights and economic growth. It discusses different … slow economic growth through different channels: expropriation of private wealth, corruption of civil servants, excessive … part of the paper illustrates relevant empirical works on property rights and growth. …

variation across countries is the quality of democracy. Using panel data for 70 developing countries between 1970 and 2009 this … paper disentangles the relationship between globalization, democracy, and child health. Specifically the paper examines how … globalization and a country's democratic status and historical experience with democracy, respectively, affect infant mortality. In …

. We analyze institutions and policies conducive to structural transformation, in particular the expansion of high-growth … understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms … growth is viewed as resulting from the continuous discovery and use of productive knowledge. Rapid firm growth requires a set …

The search for growth-promoting policies is found to demand knowledge of how growth depends upon actions of … entrepreneurs and how these actions depend upon the prevailing institutions. While institutions have extensively been examined for …

effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …

, as well as studies of inequality and economic growth. The main conclusion is that there is little, if any, Swedish … exceptionalism: Sweden became rich because of well-functioning capitalist institutions, and inequality was low before the expansion … of the welfare state. The recent favorable growth record of Sweden, including the period of financial stress (2008 …

In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace …