This paper underlines the influence of trade diversification on GDP per capita growth. Using methodologies developed by … intensive margin (old traded flows), extensive margin by new partners (geographic diversification) and extensive margin by new … products (product diversification). Estimations of the augmented Solow model by system-GMM for the period 1990-2009, first …

Diversification, especially in the context of small, highly trade-dependent economies, has recently become quite a …-income countries seeking to improve their economic conditions or strengthen their economies. However, diversification per se is not …-making, and assessing the circumstances under which economic diversification can indeed be a desirable goal for a country to …

obtained results provide grounds for doubts in positive influence of democracy upon socio-economic processes, including upon … the level of perceptible corruption. This suggests that democracy facilitates dispersion of responsibility and alienation …

Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …

experienced relatively sluggish growth. In this paper, we explore the influence of democracy and political freedom on economic … growth, utilizing poverty reduction as its indicator. We will focus on identifying the requisites of a functioning democracy … squares method of estimation, our findings suggest that democracy, in general, has a negative influence on poverty reduction …

Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from …

growth and of greater political participation on civil violence. Democracy is endogenous to economic growth and other …