Democracy, Consolidation and Growth
AbstractPapers relating the level of democracy to growth do not typically control for defferences within types of polity. This paper examines one important difference, that of regime stability, measured as the longevity of a regime. It is shown that there are initial costs associated with young democracies while over time democracies tend to outperform other types of polity.
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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2002:16.
Length: 47 pages
Date of creation: 06 Jun 2003
Date of revision: 15 Dec 2004
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democracy; growth; consolidation; political systems;
Find related papers by JEL classification:
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-01-19 (All new papers)
- NEP-DEV-2003-01-19 (Development)
- NEP-PKE-2003-01-19 (Post Keynesian Economics)
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- Madeeha Gohar Qureshi & Eatzaz Ahmed, 2012. "The Inter-linkages between Democracy and Per Capita GDP Growth: A Cross Country Analysis," PIDE-Working Papers 2012:85, Pakistan Institute of Development Economics.
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