Were Growth Rates Higher Under Civilian Governments Than Other Types of Governments in Eleven Latin American Countries During 1982‐1988?: Re‐examining the Data by Alternative Estimators

Yi Feng

Growth and Change, 2004, vol. 35, issue 2, 268-278

Abstract: ABSTRACT This essay reevaluates “Regime, Polity, and Economic Growth: The Latin American Experience,” published in Growth and Change 26 (1995): 77‐104. Particularly, it reexamines three issues: data, estimation, and research design. Furthermore, it retests the same model with the same data through alternative estimation methods. The new results from the panel corrected standard errors (PCSEs) estimators, which are more rigorous than the Parks estimation, support and confirm the original finding that a civilian government in the eleven Latin American countries during the period of 1982‐1988 was able to generate a higher economic growth rate than their military or military‐civilian counterparts.

Date: 2004
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