institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy …Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and …

Does development lead to the establishment of more democratic institutions? Over the past 50 years, the countries have … democracies with liberal institutions on the other. We develop a new empirical strategy that allows for the first time to estimate … the effects of development as well as changing unobserved country effects in driving democracy at these different stages …

democratizers, experiencing repeated episodes without regime change reduces growth in democracy whereas length of episode does not. … that modelling regime change in two stages rather than a single event yields stronger long-run growth effects. Among …

produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices …

institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …

institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …

Long-term growth in developing countries has been explained in four frameworks: ‘extractive colonial institutions … the disease environment on African long-term growth runs through a human capital channel rather than an extractive-institutions …, contra Acemoglu et al., (2001). Further, we find that instrumented human capital explains long-term growth better, and shows …

produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices …