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The relationship between economic growth and democracy : alternative representations of technological change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10011704213
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The Relationship between Economic Growth and Democracy: Alternative Representations of Technological Change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10011744592
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The impact of financial factors on the output gap and estimates of potential output growth
Felipe, Jesus; Sotocinal, Noli; Bayudan-Dacuycuy, Connie - 2015
The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …
Persistent link: https://www.econbiz.de/10011346261
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Driving factors of growth in Hungary - a decomposition exercise
Kátay, Gábor; Wolf, Zoltán - 2008
control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity …
Persistent link: https://www.econbiz.de/10010322437
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The corruption-growth relationship : do political institutions matter?
Saha, Shrabani; Sen, Kunal - 2019
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...
Persistent link: https://www.econbiz.de/10012102930
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Should we care (more) about data aggregation? : evidence from the democracy-growth-nexus
Gründler, Klaus; Krieger, Tommy - 2019
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 …
Persistent link: https://www.econbiz.de/10011966711
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Trends in the relation between regional convergence and economic growth in EU
Albu, Lucian-Liviu - 2016
The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and overall economic growth, and, based on it, to establish some relevant behavioural regimes. As data sources we are using the available dataset NUTS 2 from EUROSAT for the period...
Persistent link: https://www.econbiz.de/10011866850
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Volatility and growth : governments are key
Jetter, Michael - 2013
increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10010228789
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Examining the productivity of the ASEAN economies in the presence of transient and persistent efficiency
Haini, Hazwan - In: Cogent economics & finance 8 (2020) 1, pp. 1-21
In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies using a stochastic production frontier model. Furthermore,...
Persistent link: https://www.econbiz.de/10013179517
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The democracy and economic growth nexus : do FDI and government spending matter? : evidence from the Arab world
Bougharriou, Nouha; Benayed, Walid; Gabsi, Foued Badr - 2019
The purpose of the paper is to examine the direct and indirect links between democracy and economic growth. To do so …–2013. This study focuses on two particular channels through which democracy affects growth, namely FDI inflows and public … consumption expenditure. The results show that there is no clear relationship between democracy and economic growth in the Arab …
Persistent link: https://www.econbiz.de/10011983284