| dc.contributor | 經濟系 | |
| dc.creator (作者) | 林馨怡 | |
| dc.creator (作者) | Lin, Hsin-Yi | |
| dc.creator (作者) | Hsiao, Yu-Hsiang | |
| dc.date (日期) | 2020-09 | |
| dc.date.accessioned | 25-May-2021 11:08:01 (UTC+8) | - |
| dc.date.available | 25-May-2021 11:08:01 (UTC+8) | - |
| dc.date.issued (上傳時間) | 25-May-2021 11:08:01 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/135098 | - |
| dc.description.abstract (摘要) | This paper revisits the relationship between democracy and economic growth using a quantile regression method based on dynamic panel data. It explores the heterogeneous effects of democratization on economic growth when the effects depend on the growth rates. Our evidence suggests that democracy can foster or hinder growth, depending on a country’s growth rates. The effects of democracy on growth are positive and strong in countries with low growth rates, and weak in countries with high growth rates. The results imply that the lower the growth rate is, the more that democracy is beneficial. We conclude that democracy fosters economic growth when countries are experiencing low or moderate growth. When countries have already experienced high growth, democracy is not conducive to economic growth | |
| dc.format.extent | 1239262 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Taiwan Economic Review | |
| dc.subject (關鍵詞) | democracy; economic growth; quantile regression | |
| dc.title (題名) | Democracy and Economic Growth | |
| dc.type (資料類型) | article | |
