Democracy’s effect on economic growth: A pooled time-series analysis, 1951–1980

Kurzman, Charles; Werum, Regina; Burkhart, Ross E.

doi:10.1007/bf02686336

Cited by 83 publications

(66 citation statements)

References 6 publications

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“…Past studies have shown that government effectiveness, which also reflects the quality of civil services and a government's commitment to implementing its policies, is strongly correlated with the level of democracy experienced by a country (Kurzman et al 2002;Adsera et al 2003;Barro 1999), which is strongly related to better natural resource management. Highly centralized governments are less effective at local levels and tend to concentrate decisionmaking of natural resource management in the central governments, which leads to greater resource degradation (Anderson and Olstrom 2008).…”

Section: Methodsmentioning

confidence: 99%

The Economics of Desertification, Land Degradation, and Drought Toward an Integrated Global Assessment

et al. 2011

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

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Section: Methodsmentioning

confidence: 99%

The Economics of Desertification, Land Degradation, and Drought Toward an Integrated Global Assessment

et al. 2011

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“…This finding is consistent with the notion that democracy promotes economic growth. Kurzman et al (2002) point out that democracy affects economic growth through many channels like investment (crucial ingredient for economic growth), State Expenditure and Social Unrest. Rock (2009) and Knutsen (2013) find a robust and positive effect of democracy on economic growth.…”

Section: Introductionmentioning

confidence: 99%

Democracy and Economic Growth: Evidence in MENA Countries

Rachdi

Saidi

2015

Procedia - Social and Behavioral Sciences

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The debate on the effect of democracy on economic growth has been comprehensively growing since 1980s in theoretical and empirical literature. The existing literature provides conflicting views of this relationship. For this reason, the aim of this paper is therefore to empirically investigate this relationship in 17 MENA countries over the period 1983-2012. We explore this relationship by using fixed (FE)/random (RE) effects and generalized method of moments (GMM) system approaches. We show that a priori the sign of the effect is ambiguous. The major empirical is that democracy, measured by Institutionalized Democracy Score, Institutionalized Autocracy Score, Competitiveness of Executive Recruitment, Openness of Executive Recruitment and Executive Constraints have a robust and negative impact on growth in MENA countries.

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“…Evidence suggests that economic development and democracy have bidirectional causality, democracy has no direct effect on economic growth which differs among countries, (Robinson, 2006 andNarayan et al, 2007). There are studies showing that economic democracy has an positive effect (reinforces) on growth in transition economies but there is no relationship between political democracy and growth, it works indirectly through economic liberalization and improved democracy constrains the actions of corrupt officials, (Sandalcilar, 2013;Fidrmuc, 2003;Almeida and Ferreira, 2002;Rivera-Batiz, 1999;Kurzman et al, 2002).…”

Section: 22empirical Reviewmentioning

confidence: 99%

Determinants of Economic Growth in Southern Africa Development Community: The Role of Institutions

Mbulawa¹

2015

AEF

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The study focuses on economic growth in SADC by examining the role of institutional variables; determining the key drivers and finding out the strength of the marginal effects of institutional quality. The study used a GMM estimator by Arellano and Bond (1991) and annual country data covering the period 1996-2010. Good quality institutions have an indirect impact on growth by working through trade openness, gross fixed capital formation, financial openness, human capital and savings ratio. Government stability, improved government effectiveness and absence of conflicts have direct effect on economic growth. High inflows of foreign direct investment are beneficial in the presence of low levels of political violence. The generic determinants of economic growth are necessary but not sufficient in explaining economic growth. Thus any reforms meant to enhance economic growth in SADC should give priority to putting in place good quality institutions which are a vital precondition.

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Democracy’s effect on economic growth: A pooled time-series analysis, 1951–1980

Cited by 83 publications

References 6 publications

The Economics of Desertification, Land Degradation, and Drought Toward an Integrated Global Assessment

The Economics of Desertification, Land Degradation, and Drought Toward an Integrated Global Assessment

Democracy and Economic Growth: Evidence in MENA Countries

Determinants of Economic Growth in Southern Africa Development Community: The Role of Institutions

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