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This article considers the relationship between democracy and economic growth in China using the Error … decomposition and impulse response analysis. Our main findings are that in the long run the lack of democracy in China has had a … statistically significant negative effect on real income, while in the short run democracy has had a statistically insignificant …
Persistent link: https://www.econbiz.de/10013105064
This study is the first to explore temporal causality between democracy, emigration and real income in Fiji within a … multivariate cointegration model. We find three long run relationships between democracy, emigration and real income. In the long … run there is evidence that migration and democracy Granger cause real GDP in Fiji; real GDP and democracy Granger cause …
Persistent link: https://www.econbiz.de/10013105337
This paper examines the relationship between democracy and economic growth in 30 Sub-Saharan African countries. As our … proxy for democracy we first use the democracy index constructed by Freedom House and then check the sensitivity of our … findings using, as an alternative proxy for democracy, the Legislative Index of Electoral Competitiveness (LIEC). We find …
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a particular focus on the impact of democracy on investment. Design/methodology/approach – The first step was to … was found that democracy has a positive and statistically significant impact on private investment in Fiji. The paper … a CGE model to examine the impact of democracy, via investment, on other macroeconomic fundaments. No other study is …
Persistent link: https://www.econbiz.de/10005081316
This article considers the relationship between democracy and economic growth in China using the Error … decomposition and impulse response analysis. Our main findings are that in the long run the lack of democracy in China has had a … statistically significant negative effect on real income, while in the short run democracy has had a statistically insignificant …
Persistent link: https://www.econbiz.de/10005256585