two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …

two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …

democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …

. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …

. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …

instability, namely terms-of-trade instability, on the quality of democracy. We take advantage of previous empirical findings …, aggregate aid flows can potentially dampen the effects of terms-of-trade instability on the quality of democracy. An empirical …

In the study 'Do elites benefit from democracy and foreign aid in developing countries' (Journal of Development …

of GDP growth. The paper finally suggests a positive correlation between democracy and economic development. …