2004
DOI: 10.2139/ssrn.564981
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Democratization and Growth

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Cited by 93 publications
(148 citation statements)
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References 54 publications
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“…Finally, once again the import-competing sectors display 17 These additional results are available from the authors upon request. 18 Running regressions excluding the few countries with less than 20 years observations, as in Persson and Tabellini (2003) and Papaioannou and Siourounis (2008), or using System Generalized Method of Moment estimator, the results are even stronger. These additional results are available from the authors upon request.…”
Section: Robustness Checks and Extensionsmentioning
confidence: 98%
See 1 more Smart Citation
“…Finally, once again the import-competing sectors display 17 These additional results are available from the authors upon request. 18 Running regressions excluding the few countries with less than 20 years observations, as in Persson and Tabellini (2003) and Papaioannou and Siourounis (2008), or using System Generalized Method of Moment estimator, the results are even stronger. These additional results are available from the authors upon request.…”
Section: Robustness Checks and Extensionsmentioning
confidence: 98%
“…A few countries experienced reversal episodes during political reforms: countries that start as autocracy and then, after a democratization episode, return back to dictatorships. As brief democratization episodes may have different effects than permanent reforms, we run separate regression models using all reform episodes and only permanent reforms, as in Giavazzi and Tabellini (2005) and Papaioannou and Siourounis, (2008).…”
Section: Comparative Data Set On Political Institutionsmentioning
confidence: 99%
“…To check the robustness of the results, we nonetheless also replicate the analysis using alternative coding of political regimes. In particular, as discussed in further detail below, we consider information on free and contested elections from Golder (2005) and the refined coding by Papaioannou and Siourounis (2008) …”
Section: Datamentioning
confidence: 99%
“…The coding of democratization involves change in polity score, free and contested election and restricts attention to stable democratization. The data are from Papaioannou and Siourounis (2008). Robust standard errors adjusted for clustering by country.…”
Section: Tables Not Included In Main Textmentioning
confidence: 99%
“…Along the same line of "democratic capital" and dealing with a number of issues ranging from measuring democracy to modelling the dynamics of GDP in the years before democratization, Acemoglu et al [2014] find a significant and positive effect of democratization on GDP (about 20% in three decades, implying that the rise of democracy in the last 50 years has yielded about 6% higher world GDP). Papaioannou and Siourounis [2008] consider democratization processes for about 65 countries over the period 1960-2000. They employ an event study approach and analyze growth before and after democratizations.…”
Section: Literaturementioning
confidence: 99%