Democracy and growth: Alternative approaches

Jenny A. Minier

Research output: Contribution to journalArticlepeer-review

85 Scopus citations

Abstract

This article focuses on two previously unexamined aspects of the relationship between economic growth and democracy. First, the growth experiences of countries that experience significant changes in democracy are examined directly. Countries that democratize are found to grow faster than a priori similar countries, while countries that become less democratic grow more slowly than comparable countries. These differences do not seem to be due to differences in education or investment levels. Second, regression tree analysis suggests that democracy, along with initial income and literacy, contributes to the identification of regimes of countries facing similar aggregate production functions.

Original languageEnglish
Pages (from-to)241-266
Number of pages26
JournalJournal of Economic Growth
Volume3
Issue number3
DOIs
StatePublished - Sep 1998

Keywords

  • Democracy
  • Growth
  • Regime change
  • Regression tree

ASJC Scopus subject areas

  • Economics and Econometrics

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