There exists a persistent disagreement in the literature over the effect of business cycles on economic growth. This … negative indirect effect, operating through the insurance mechanism of government size. Theoretically, the net growth effect of … services in autocratic regimes the positive direct effect takes over. Consequently, volatile growth rates are detrimental to …

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … growth. Credit guarantee is one of the most significant positive links between economic growth and democracy. The marginal …

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …

due to absence of a market for these services or poverty. This paper synthesizes the findings of the International Growth … quality of public services affects economic growth via its impact on poverty alleviation, human capital formation and … quality of public service delivery and spur economic growth …

. Economic factors such as income growth and investment display a non robust impact after controlling for omitted variables and …