Democracy, Consolidation and Growth

Jan Pettersson

No 2002:16, Research Papers in Economics from Stockholm University, Department of Economics

Abstract: Papers relating the level of democracy to growth do not typically control for defferences within types of polity. This paper examines one important difference, that of regime stability, measured as the longevity of a regime. It is shown that there are initial costs associated with young democracies while over time democracies tend to outperform other types of polity.

Keywords: democracy; growth; consolidation; political systems (search for similar items in EconPapers)
JEL-codes: O10 P16 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2003-06-06, Revised 2004-12-15
New Economics Papers: this item is included in nep-dev and nep-pke
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:sunrpe:2002_0016

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