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Cited by 1,524

The DOI matches its Crossref record; 58 of the 58 references it cites were found in a registry or an index.

Democracy Does Cause Growth

Open access
Acemoglu, Daron, Naidu, Suresh, Restrepo, Pascual, Robinson, James A.·2019·Journal of Political Economy

Abstract

We provide evidence that democracy has a positive effect on GDP per capita. Our dynamic panel strategy controls for country fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy. To reduce measurement error, we introduce a new indicator of democracy that consolidates previous measures. Our baseline results show that democratizations increase GDP per capita by about 20 percent in the long run. We find similar effects using a propensity score reweighting strategy as well as an instrumental-variables strategy using regional waves of democratization. The effects are similar across different levels of development and appear to be driven by greater investments in capital, schooling, and health.

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Metadata

Authors
Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. A.
Venue
Journal of Political Economy
Published
2019-02
Volume
127
Issue
1
Pages
47-100
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
OpenAlex
W2927606987
Cited by
1,524
References
58
FWCI
151.59
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Democracy Does Cause Growth. https://app.cochat.ai/papers/10.1086/700936
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Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. A. (2019). Democracy Does Cause Growth. Journal of Political Economy. https://doi.org/10.1086/700936

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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.