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 …

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 …

in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …

-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their … reveals the strong effect of income on democracy. …

statistical framework, in a panel of 160 countries, we focus on 14 episodes of transition from democracy to autocracy. We find …