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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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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 …
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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 …
Persistent link: https://www.econbiz.de/10011966711
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 … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10011405138
Does democracy promote economic growth? There is still an ongoing debate over the economic implications of democracy … 43 countries in sub-Saharan Africa for the period of 1982-2012, we find strong evidence that democracy is positively …
Persistent link: https://www.econbiz.de/10010252703
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and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic … and focusing on immigrants' exposure to democracy before migration. In all cases, the timing and nature of the effects are …
Persistent link: https://www.econbiz.de/10012609251