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.
This study investigates the impact of a number of educational institutions and students per teacher on the literacy rate. Data of 489 Upazilasrelating to the dependent (literacy rate) and independent variables (no. of educational institutions and students per teacher of different types of primary and equivalent educational institutions) of 8 Divisions were collected from District Statistics 2011 of Bangladesh Bureau of Statistics. The Ordinary Least Square (OLS) method is used in this study. This research found that a number of government primary schools had a significant positive relationship with the literacy rate in Barishal, Chittagong, Khulna, and Mymensingh Divisions.
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