This paper examines how democracy affects long-run growth by influencing the quality of governance. Empirical evidence … countries. A general equilibrium, endogenous growth model is then built to show how a governance improving democracy raises … showing that democracy is in fact a significant determinant of total factor productivity (TFP) growth between 1960 and 1990 in …

This paper studies the role of direct democracy in ensuring efficient and cost effective provision of goods and … public goods, and applying a fully non-parametric approach to estimate local government overall efficiency, the analysis … shows that more direct democratic activity is associated with higher government efficiency. This result suggests that more …

dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies … productivity index to provide estimates of gross technical efficiency, technical progress and returns to scale change, while taking … into account of transient and persistent efficiency. The results show that there is room for efficiency gains, as the ASEAN …