This paper investigates the empirical role of violent conflicts for the causal effect of democracy on economic growth …. Exploiting within-country variation to identify the effect of democratization during the "Third Wave", we find evidence that the … effect of democratization is weaker than reported previously once one accounts for the incidence of conflict, while the …

This paper investigates the empirical role of violent conflicts for the causal effect of democracy on economic growth …. Exploiting within-country variation to identify the effect of democratization during the 'Third Wave', we find evidence that the … effect of democratization is weaker than reported previously once one accounts for the incidence of conflict, while the …

wars. Six possible trajectories are mapped out: stable democracy, weak democracy, stable autocracy, fragmented rule …