tries to identify the effect of democracy on economic prosperity, little work has been done to understand the determinants … of economic growth under democracy. This paper examines whether the determinants of economic growth in Latin America are …

-rich Arab world to achieve sustained growth, the Arab spring should not only bring democracy, as badly needed as it is, but …

After evening out all the benefits and costs, the overall optimal level of democracy is about 3.2, on a scale of 1 to 7 … have a conditioned growth rate of 1.146 while countries with the optimal level of democracy/autocracy have a conditioned … growth rate of 2.665. In the case of a fully dictatorial country, moving one unit towards democracy can raise the GDP growth …

Economists have a long argue that political process such as democracy and corruption are important for economic growth …. Our objective in this paper is to demonstrate that one of democracy's indirect posititive effects is its ability to …

control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity …

This paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a …-shaped relationship between political liberalization and growth is found, such that a rise in democracy levels promotes growth only under … initially low democracy levels. Furthermore, economic and political liberalization turn out to be positively related, but with …