also tends to erect significant entry barriers, violating the property rights of future producers. Democracy, where … taxes in democracy are high and the distortions caused by entry barriers are low, an oligarchic society achieves greater …

deepening in Turkish democracy under the prodding and the guidance of the European Union, and witnessed the waning of the …

We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country … fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …

In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …