Jaunky, Vishal - In: Empirical Economics 45 (2013) 2, pp. 987-1008
This paper studies the link between democracy and economic development for 28 countries of Sub-Saharan Africa for the … period 1980–2005 in a panel data framework. A democracy index constructed from the Freedom House indices. A variety of panel … causality test within a vector autoregressive structure. Economic growth is found to cause democracy in the short-run, while …