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We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices … produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …
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very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a …
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Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
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Democracy, income inequality and economic development are considered to be interlinked with one another in a complex … important consequences for the economic growth and level of income inequality. We analyzed the interaction among democracy … that democracy, income inequality and economic development are endogenously interlinked in Pakistan. The significance of …
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There is a growing literature studying the effects of economic freedom and democracy on income inequality; nevertheless … democracy is estimated. The findings demonstrate that economic freedom has positive effect on income inequality. The estimated …
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