2020
DOI: 10.1016/j.ejpoleco.2019.101824
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Does democracy cause growth? A meta-analysis (of 2000 regressions)

Abstract: The relationship between democracy and economic growth has been widely debated in the social sciences with contrasting results. We apply a meta-analytical framework surveying 188 studies (2047 models) covering 36 years of research in the field. We also compare the effect of democracy on growth with the effect of human capital on growth in a sub-sample of 111 studies (875 models). Our findings suggest that democracy has a positive and direct effect on economic growth beyond the reach of publication bias, albeit… Show more

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Cited by 52 publications
(43 citation statements)
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References 194 publications
(79 reference statements)
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“…This confirms the positive relationship between pro-sociality or 'effective democracies' (Inglehart and Welzel, 2005) and socio-economic welfare levels (e.g. Barro, 1996;De Haan and Sturm, 2003;Acemoglu et al, 2019;Colagrossi et al, 2020). The correlation between pro-sociality and political task escalation is similar to Besley and Persson's (2019) relationship between democratic values and acceptance of institutions.…”
Section: Discussionsupporting
confidence: 72%
See 1 more Smart Citation
“…This confirms the positive relationship between pro-sociality or 'effective democracies' (Inglehart and Welzel, 2005) and socio-economic welfare levels (e.g. Barro, 1996;De Haan and Sturm, 2003;Acemoglu et al, 2019;Colagrossi et al, 2020). The correlation between pro-sociality and political task escalation is similar to Besley and Persson's (2019) relationship between democratic values and acceptance of institutions.…”
Section: Discussionsupporting
confidence: 72%
“…Democracies provide better socio-economic results for the people than nondemocracies (e.g. Barro, 1996;De Haan and Sturm, 2003;Acemoglu et al, 2019;Colagrossi et al, 2020). However, too many institutions can also limit the same.…”
Section: Resultsmentioning
confidence: 99%
“…The influence of democracy on economic growth is studied in the work of M. Colagrossi et al [22], a meta-analysis of 2047 models is applied. Early empirical studies of the institutional determinants of economic growth [15,19] have shown mixed results.…”
Section: Democracymentioning
confidence: 99%
“…The solution to the endogeneity of institutions is associated with identification strategies [1,4,7]. M. Colagrossi et al [22] find that democracy has a positive and direct impact on economic growth, but weaker than the impact of human capital. The heterogeneity of the results is due to spatial and temporal differences in the samples, which indicates that the relationship between democracy and growth is not uniform across regions of the world and over decades.…”
Section: Democracymentioning
confidence: 99%
“…Village Governments functioned to conduct policies made by the village head with the BPD. In accordance with the principles of democracy [13], the BPD with the village chief has the obligation to provide reports of village governance to the Regent/mayor [14]. In organizing the smallest government needs to have an institution that is able to create Check and Balance in the development of the village community, namely the institution that has a right to supervise the village government by village head is BPD as stated in Act No.…”
Section: B Village Regulation Formation Functionmentioning
confidence: 99%