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July 1, 2001Comparative Politics

Democracy and Economic Growth: A Causal Analysis

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Authors

UHUk HeoHyundai Steel (South Korea)ATAlexander C. TanUniversity of Canterbury

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Implication

Randomized trial analyzes the causal relationship between democracy and economic growth, suggesting implications for theory development.

Key Points

  • This analysis aims to clarify the causal relationship between democracy and economic growth using a Granger causal approach.
  • Employs a Granger causal approach to determine the direction of causation.
  • Utilizes longitudinal data to observe dynamic processes in both economic development and democratization.
  • Finds no dominant theoretical framework explaining the relationship between democracy and economic performance.
  • Indicates that previous studies assumed high similarity among different countries, which may lead to flawed conclusions.

Cite This Study

Heo et al. (2001) studied this question.

synapsesocial.com/papers/6a193c08f2eb401dc788cd3ahttps://doi.org/10.2307/422444
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