The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Democracy, Volatility, and Economic Development
Open accessAbstract
Growth stability is an important objective—because development requires sustained increases in income, because volatility is costly for the poor, and because volatility deters growth. We study the determinants of average growth and its volatility as a two-equation system, and find that higher levels of democracy and diversification lower volatility, whereas volatility itself reduces growth. Muslim countries instrument for democracy, and measures of diversification identify volatility. In contrast to the lack of consensus on the democracy—growth relationship, the democracy—stability link is robust. Rather than focus on growth, this paper forges an alternative link between democracy and development through the volatility channel.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
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
Bound, J., Jaeger, D. A., & Baker, R. M. (1995) · Journal of the American Statistical Association · doi:10.2307/2291055 · Cited by 1,018
Cited by
Democracy and Economic Growth: A Historical Perspective
Gerring, J., Bond, P., Barndt, W. T., & Moreno, C. (2005) · World Politics · doi:10.1353/wp.2006.0002 · Cited by 580
EICHENGREEN, B., & LEBLANG, D. (2008) · Economics & Politics · doi:10.1111/j.1468-0343.2007.00329.x · Cited by 377
Metadata
- Authors
- Mobarak, A. M.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2005-05
- Volume
- 87
- Issue
- 2
- Pages
- 348-361
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W1981030942
- Cited by
- 294
- References
- 4
- FWCI
- 25.04
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Democracy, Volatility, and Economic Development. https://app.cochat.ai/papers/10.1162/0034653053970302
- The paper
- Mobarak, A. M. (2005). Democracy, Volatility, and Economic Development. Review of Economics and Statistics. https://doi.org/10.1162/0034653053970302
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
