Forms of democracy and economic growth volatility
نویسندگان
چکیده
منابع مشابه
Democracy, Volatility, and Economic Development
Growth stability is an important objective—because development requires sustained increases in income, because volatility is costly for the poor, and because volatility deters growth. We study the determinants of average growth and its volatility as a two-equation system, and find that higher levels of democracy and diversification lower volatility, whereas volatility itself reduces growth. Mus...
متن کاملan investigation about the relationship between insurance lines and economic growth; the case study of iran
مطالعات قبلی بازار بیمه را به صورت کلی در نظر می گرفتند اما در این مطالعه صنعت بیمه به عنوان متغیر مستفل به بیمه های زندگی و غیر زندگی شکسته شده و هم چنین بیمه های زندگی به رشته های مختلف بیمه ای که در بازار بیمه ایران سهم قابل توجهی دارند تقسیم میشود. با استفاده از روشهای اقتصاد سنجی داده های برای دوره های 48-89 از مراکز ملی داده جمع آوری شد سپس با تخمین مدل خود بازگشتی برداری همراه با تعدادی ...
15 صفحه اولDemocracy and Economic Growth: A Survey of Arguments and Results
This paper surveys the literature on how democracy affects economic growth. The paper first presents descriptive statistics and brief case-descriptions to illustrate how democracy and dictatorship may affect growth. Thereafter, the paper evaluates five central arguments on democracy and growth, before it surveys empirical studies on the relationship. Furthermore, the paper highlights critical m...
متن کاملDoes Democracy Facilitate Economic Growth or Does Economic Growth Facilitate Democracy? an Empirical Study of Sub-saharan Africa
Abstract This paper examines the relationship between democracy and economic growth in 30 Sub-Saharan African countries. As our proxy for democracy we first use the democracy index constructed by Freedom House and then check the sensitivity of our findings using, as an alternative proxy for democracy, the Legislative Index of Electoral Competitiveness (LIEC). We find support for the Lipset hypo...
متن کامل1 Democracy , Governance and Economic Growth : Theory and Evidence
This paper examines how democracy affects long-run growth by influencing the quality of governance. Empirical evidence is presented showing that the quality of governance is substantially higher in democratic countries. A general-equilibrium, endogenous growth model is then built to show how a governance-improving democracy raises growth. In this model, stronger democratic institutions influenc...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economic Modelling
سال: 2019
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2018.07.013