increases in Latin America over the last decade. Government attempts to restore fiscal health have been undermined by a …

relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …-being. -- democracy ; development ; Lipset hypothesis ; causal effect ; growth ; political institutions …

financial and physical capital, it has been suggested that democracy is a necessary but insufficient condition for economic … for 161 countries. The results of this analysis support the idea that democracy acts indirectly through economic freedom … to enhance prosperity. The causal relationships between democracy, economic freedom, and prosperity are self-perpetuating …

with the way democracy works) influences how a certain government size affects growth. On the positive side, a legitimate …While previous research documents a negative relationship between government size and economic growth, suggesting an … economic cost of big government, a given government size generally affects growth differently in different countries. As a …

Evidence from a novel measure of democracy (SVMDI) based on Support Vector Machines highlights a robust positive … relationship between democracy and economic growth. We argue that the ambiguity in recent studies can be traced back to the neglect … of the information in the equation in levels and the lack of sufficient sensitivity of traditional democracy indicators …

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

the interplay between democracy, social opportunity and economic security, drawing upon survey data to explore popular …, political explanations that have been proffered for this apparent anomaly. Finally, the impact of democracy on poverty reduction …

the swing voters strengthen the positive association between democracy and growth …

We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …