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This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...
Persistent link: https://www.econbiz.de/10005025719
The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both … positive and negative effects and also of no direct link in democracy and growth nexus. In this study an attempt has been made …-specific effects but also allows us to analyse the impact of democracy on per capita GDP growth and the reverse causation from per …
Persistent link: https://www.econbiz.de/10010569117
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank …
Persistent link: https://www.econbiz.de/10011966802
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
-shaped relationship between political liberalization and growth is found, such that a rise in democracy levels promotes growth only under …This paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a … initially low democracy levels. Furthermore, economic and political liberalization turn out to be positively related, but with …
Persistent link: https://www.econbiz.de/10010307203
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank …
Persistent link: https://www.econbiz.de/10012018177
-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth … of countries that experienced a transition to autocracy with the growth of a convex combination of similar countries that … statistical framework, in a panel of 160 countries, we focus on 14 episodes of transition from democracy to autocracy. We find …
Persistent link: https://www.econbiz.de/10010266104
Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …
Persistent link: https://www.econbiz.de/10013208683
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013426447
Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …
Persistent link: https://www.econbiz.de/10010504494