The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Empirical Linkages Between Democracy and Economic Growth
Abstract
Using cross-sectional and pooled data for up to 125 countries over the period from 1960 to 1985, this article evaluates the two-way linkages between democracy and economic growth. The effects of income on democracy are found to be robust and positive. The effects of several measures of democracy and personal freedoms on growth are assessed in a comparative growth framework in which growth of GDP per adult depends negatively on initial income levels, as implied by the convergence hypothesis, and positively on rates of investment in physical and human capital. Adjusting for the simultaneous determination of income and democracy makes the estimated partial effect of democracy on subsequent economic growth negative but insignificant. This nonsignificant negative effect is in any case counterbalanced by the positive indirect effect that democracy exerts on growth via education and investment. The general result of the growth analysis is that it is still not possible to identify any systematic net effects of democracy on subsequent economic growth.
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Cites
A contribution to the theory of economic growth
Solow, R. M. (1956) · The Quarterly Journal of Economics · doi:10.2307/1884513 · Cited by 24,483
Technical Change and the Aggregate Production Function
Solow, R. M. (1957) · The Review of Economics and Statistics · doi:10.2307/1926047 · Cited by 12,259
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
Cited by
(2005) · Cited by 3,670
Determinants of Economic Growth: A Cross-Country Empirical Study
Cooper, R. N., & Barro, R. J. (1997) · Foreign Affairs · doi:10.2307/20048292 · Cited by 2,001
Where did all the growth go? external shocks, social conflict, and growth collapses
Rodrik, D. (1999) · Journal of Economic Growth · doi:10.1023/a:1009863208706 · Cited by 1,869
Institutions for high-quality growth: What they are and how to acquire them
Rodrik, D. (2000) · Studies in Comparative International Development · doi:10.1007/bf02699764 · Cited by 1,020
The Natural Resource Curse: A Survey
Frankel, J. (2010) · doi:10.3386/w15836 · Cited by 655
Metadata
- Authors
- Helliwell, J. F.
- Venue
- British Journal of Political Science
- Publisher
- Cambridge University Press (CUP)
- Published
- 1994-04
- Volume
- 24
- Issue
- 2
- Pages
- 225-248
- ISSN
- 0007-1234 (ISSN-L)
- 1469-2112
- OpenAlex
- W2892206830
- Cited by
- 770
- References
- 3
- FWCI
- 82.48
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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