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We examine the role of democracy shocks in the cross-country economic growth processes over a period of five decades … investigation. We study if (i) a shock to democracy in one country triggers institutional reforms and growth upsurge in the … neighbouring countries, and (ii) the magnitude and direction of response to democracy shocks are contingent upon income pathways of …
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networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa's interior …
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in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
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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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The purpose of this research is to provide empirical evidence about what institutions are most likely to favor development in its different stages. Firstly, we identify the three development stages that prevailed in the world between 1996 and 2011 according to the income classification of the...
Persistent link: https://www.econbiz.de/10012157172