institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and …

institutions, and are robust to the use of alternative data and estimation techniques. -- critical junctures ; democracy ; economic … democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical …

African countries for the period 1994-2010. Political regimes of democracy, polity and autocracy are instrumented with income … that democracy has an edge over autocracy while the latter and polity overlap. As a policy implication, democracy once …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country …

In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …

In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …