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 … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …

We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices … produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …

networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa's interior …

in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …

political institutions. -- commodity prices ; volatility ; democracy ; economic growth …

democracy (186 countries, 1960-2014). The method takes its name from a machine learning technique for pattern recognition and … results are affected by conceptual and methodological changes in the measure of democracy. In particular, we show that …