economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …

democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit …

robust positive relationship between democracy and economic growth. We argue that the ambiguity in recent studies mainly …We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a …

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a … significant increase in non-resource GDP growth in democracies, but to no significant increase in autocracies. To explain this …

sustainable growth. Nevertheless, market-based instruments have not been implemented satisfactorily in environmental policy yet …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the …

-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth … of countries that experienced a transition to autocracy with the growth of a convex combination of similar countries that … statistical framework, in a panel of 160 countries, we focus on 14 episodes of transition from democracy to autocracy. We find …

-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth … of countries that experienced a transition to autocracy with the growth of a convex combination of similar countries that … statistical framework, in a panel of 160 countries, we focus on 14 episodes of transition from democracy to autocracy. We find …

parametric estimates may have seriously underestimated the growth effects of democracy. In particular, we find an average … negative effect on growth of leaving democracy on the order of −2 percentage points implying effects on income per capita as …We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in …