Impact of democracy on literacy rate:A cross country study

Md Arif Hosen, Sujan Chandra Paul and Md Harun Or Rosid
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Md Arif Hosen: Department of English, University of Barishal, Bangladesh
Sujan Chandra Paul: Department of Accounting & Information Systems, University of Barishal,Bangladesh
Md Harun Or Rosid: School of Management, Huazhong University of Science and Technology, Wuhan, China

International Journal of Research in Business and Social Science (2147-4478), 2020, vol. 9, issue 7, 204-211

Abstract: This study investigates the impact of democracy indices on the literacy rate. Panel Data of 134 Countries from 2007-2018 were collected from the website the World Bank and Gapminder. This study uses Ordinary Least Square (OLS), Pooled Ordinary Least Square (POLS), Driscoll-Kraay (DK), Second Stage Least Square (2SLS), Generalized Methods of Moments (GMM) methods. This research has found that political participation index and political culture index has a significant positive relationship with literacy rate in all the method. The functioning of the government index has a significant positive relationship and electoral process and the pluralism index has a significant negative relationship with literacy rate in all the methods except the GMM method. The civil liberties index has a significant negative relationship with literacy rate in POLS and in the other models, there is no significant relationship between the civil liberties index and literacy rate. Key Words: Literacy rate, Electoral Process and Pluralism Index, Functioning of Government Index, Political Participation Index, Political Culture Index, Civil Liberties Index

Date: 2020
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