Openness and Democracy: Some Evidence from Pakistan
AbstractThe paper empirically examines the relationship between trade openness and the level of democracy in Pakistan using annual time-series data for the period 1947-2009. The analysis shows that trade openness positively affects democracy in Pakistan. The results are robust to controlling for other democracy determining variables and various model specifications. The results also show that the effect of trade openness on democracy increases with the increase of the economic development. Other control variables, i.e. political constraints, human capital, government expenditures, physical capital, inflation and urbanization significantly affect democracy in the theoretically expected directions.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.
Volume (Year): (2011)
Issue (Month): 1 ()
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
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