| 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) | 2021-06 | |
| dc.date.accessioned | 11-Apr-2022 13:22:20 (UTC+8) | - |
| dc.date.available | 11-Apr-2022 13:22:20 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Apr-2022 13:22:20 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/139773 | - |
| 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 growth rates. Our evidence suggests that democracy can foster or hinder growth, depending on a country’s growth rate. 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 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 | 531495 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Taiwan Economic Review, Vol.49, No.2, pp.169-206 | |
| dc.subject (關鍵詞) | democracy;economic growth;quantile regression | |
| dc.title (題名) | Democracy and Economic Growth: A Reassessment | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.6277/TER.202106_49(2).0001 | |
| dc.doi.uri (DOI) | https://doi.org/10.6277/TER.202106_49(2).0001 | |
