| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13659 |
| DP13659 Democracy Does Cause Growth: Comment | |
| Markus Eberhardt | |
| 发表日期 | 2019-04-09 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | I revisit the causal relationship between democracy and growth as recently studied in Acemoglu, Naidu, Restrepo, and Robinson (2019, ANRR). I demonstrate the sensitivity of their results to sample selection by dropping a small number of observations in a non-random fashion and use these findings to motivate a generalisation of their empirical approach. My own analysis relaxes the assumption of (i) a common democracy-growth relationship, and of (ii) the absence of strong cross-section correlation. Adopting novel methods for policy evaluation I find a robust positive long-run effect of democracy albeit with only around half the magnitude of that found in ANRR. |
| 主题 | Macroeconomics and Growth |
| 关键词 | Democracy Growth Political development Spillovers Difference-in-difference estimator Interactive fixed effects |
| URL | https://cepr.org/publications/dp13659 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542518 |
| 推荐引用方式 GB/T 7714 | Markus Eberhardt. DP13659 Democracy Does Cause Growth: Comment. 2019. |
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