Investigating the Empirical Relationship between Polity and Economic Growth
Bibliographic Data
| ID | 12229265 |
|---|---|
| Authors | Myeong Hwan Kim (0000-0003-4025-5051, Indiana University – Purdue University Fort Wayne, corresponding author), Yongseung Han (0000-0002-0382-1424, University of North Georgia) |
| Year | 2015 |
| Volume | 27 |
| Issue | 3 |
| Pages | 341-368 |
| Publication date | 2015-07-03 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Review of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0953-8259 • E-ISSN: 1465-3982 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/09538259.2015.1039296 |
| OpenAlex | W1843153243 |
| Language | EN |
| Citations received | 1 |
| References cited | 33 |
The long-run relationship between polity change and economic growth has been considered by a number of researchers, yet no clear consensus has emerged concerning the causal link between these two important measures of progress. This study used various estimation methods based on different assumptions of the unknown error structure to investigate this relationship in 154 countries from 1961 to 2007. First, we found no globally significant relationship between polity change and economic growth. However, we found several significant relationships at the local level, including (a) a positive relationship in the 1980s and in Africa and (b) a negative relationship in the 1970s and in Europe. Second, we found that previous economic growth hinders democracy, albeit slightly; in contrast, the influence of democracy on economic growth is negligible
Contrast (vision · Democracy · Economic interdependence · Economics · Estimation · Political science · Politics · Polity · Positive relationship · Corruption and Economic Development · Economic Growth and Development · Law · Media Influence and Politics · Psychology
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Time Series Analysis
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Estimation of Dynamic Models with Error Components
Institutional causes, macroeconomic symptoms
Formulation and estimation of dynamic models using panel data
Financial development and dynamic investment behavior
Some Tests of Specification for Panel Data
Determinants of Economic Growth
The Rise and Decline of Nations
New evidence on the relationship between democracy and economic growth
Further evidence on the relationship between economic freedom and economic growth
Democracy’s effect on economic growth
Determinants of Democracy
Constitutions and Commitment
Does High Income Promote Democracy
Democracy and Economic Growth
Rival Strategies of Validation
Conceptualizing and Measuring Democracy
Democracy, Political Stability and Economic Growth
Political Democracy and Economic Growth
Democracy and Economic Growth
Empirical Linkages Between Democracy and Economic Growth
Political Democracy and the Timing of Development
What To Do (and Not to Do) with Time-Series Cross-Section Data
Political Democracy and the Size Distribution of Income
Comparative Democracy
Some Social Requisites of Democracy
Dictatorship, Democracy, and Development
| Citations per year | 1 |
|---|---|
| Citation span | 2026 - 2026 (1) |
| Highly cited | No |