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. …

This paper provides a game-theoretic model of representative democracy with endogenous party formation. Coalition …

Strengthening elements of direct democracy has become a hotly debated issue especially in purely representative … democratic systems with and without faction discipline. With faction discipline in a representative system, direct democracy is …, direct democracy performs better only if the winning group is small; this obeservation that indirect democracy has a …

general democracy index for 87 countries shows that a higher degree of direct democracy leads to lower budget deficits and …

We consider the empirical relevance of two opposing hypotheses on the causality between income and democracy: The … Democratic Transition claims that rising incomes cause a transition to democracy, whereas the Critical Junctures hypothesis … as instruments for modern income levels, and find a large long-run causal effect of income on the degree of democracy …

We consider the empirical relevance of two opposing hypotheses on the causality between income and democracy: The … Democratic Transition hypothesis claims that rising incomes cause a transition to democracy, whereas the Critical Junctures … as instruments for modern income levels, and find a large long-run causal effect of income on the degree of democracy …

There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …