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fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country …
Persistent link: https://www.econbiz.de/10013056777
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Persistent link: https://www.econbiz.de/10010339565
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fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country …
Persistent link: https://www.econbiz.de/10012458660
fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country …
Persistent link: https://www.econbiz.de/10013056591
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical … institutions on long-run development is robust, while the estimates of the effect of human capital are much diminished and become … subsequent institutional development of these polities …
Persistent link: https://www.econbiz.de/10013059292
Persistent link: https://www.econbiz.de/10003775727
Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution … growth in general, but also that differences in economic inequality across the American continent during the 19th century are … more important in understanding long-run development paths and document that municipalities with greater political …
Persistent link: https://www.econbiz.de/10003495659