At least since 1750 when Baron de Montesquieu declared peace is the natural effect of trade, a number of economists and … political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …

At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists … and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …

Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. …

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial development …

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial development …

This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …

individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their … between political regimes and political culture diffusion. Consolidated democracy emerges when sufficiently many people are …

through the extension of franchise. This is because democracy always implements a highly redistributive fiscal policy, which … makes fighting hard incentive-compatible for the citizens-soldiers. We show that a transition to democracy is more likely to …

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …