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Does democracy promote economic growth? There is still an ongoing debate over the economic implications of democracy …, and this question has gained critical importance particularly in the African context, where a wave of democratization in … 43 countries in sub-Saharan Africa for the period of 1982-2012, we find strong evidence that democracy is positively …
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We examine the role of democracy shocks in the cross-country economic growth processes over a period of five decades … investigation. We study if (i) a shock to democracy in one country triggers institutional reforms and growth upsurge in the … neighbouring countries, and (ii) the magnitude and direction of response to democracy shocks are contingent upon income pathways of …
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This paper examines the indirect effect of democracy on economic growth using a dataset of 17 MENA countries from 1990 … to 2015. Democracy is assumed to affect growth through a series of channels: education, health, physical capital … estimate the effect of democracy on growth through these channels. For further analysis, the countries are classified into …
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and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic … institutions. We bolster these baseline findings using an instrumental-variables strategy exploiting regional democratization waves … and focusing on immigrants' exposure to democracy before migration. In all cases, the timing and nature of the effects are …
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