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 …

Democracy is more than just another brake or booster for the economy. We argue that there
are significant indirect effects of democracy on growth through public health and education …

Richer countries are generally democratic. But this could reflect reverse causation or omitted
variables. Evidence that democratizations yield subsequent economic growth is quite weak …

This paper introduces a new methodology to examine the empirical relationship between
democracy and economic growth. Democratic institutions are assumed to affect growth …

Despite a sizeable theoretical and empirical literature, no firm conclusions have been drawn
regarding the impact of political democracy on economic growth. This article challenges the …

This article challenges cross‐sectional findings that democracy has a negligible effect on
growth. We employ a new dataset of political transitions during the Third Wave of …

The relationship between democracy and economic growth has concerned social scientists
since the 17th century, but recent democracy movements make this question especially …

The relationship between democracy and economic growth has been widely debated in the
social sciences with contrasting results. We apply a meta-analytical framework surveying …

This paper surveys the literature on how democracy affects economic growth. The paper first
presents descriptive statistics and brief case-descriptions to illustrate how democracy and …

Over the last two centuries, many countries experienced regime transitions toward
democracy. We document this democratic transition over a long time horizon. We use …