Democracy, demography and economic growth: Empirical investigation of association between those three

Koteski, Cane and Josheski, Dushko and Dimitrov, Nikola and Jakovlev, Zlatko and Bardarova, Snezana and Serafimova, Mimoza (2014) Democracy, demography and economic growth: Empirical investigation of association between those three. Wulfenia Journal, 21 (4). pp. 247-257. ISSN 1561-882X

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Abstract

In this paper the issue of democracy, demography and economic growth has been investigated. As the results prove the effect of democracy on economic growth are positive and statistically significant in all of the models presented in the paper. While the coefficient on the logarithm of population is ambiguous, whether one checks for the sign on that variable or its statistical significance. This is in line with the population neutralism view. Besides, the main variables models are augmented with other explanatory variables, and dependent side variable in some regressions is economic development. In the last section of the empirics of the paper there are presented two models, where this study controls for age structure of the population. Keywords: democracy, demography, economic growth,economic development JEL codes: J10,J11,P16

Item Type: Article
Subjects: Social Sciences > Economics and business
Social Sciences > Social and economic geography
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Cane Koteski
Date Deposited: 15 Apr 2014 09:00
Last Modified: 15 Apr 2014 09:00
URI: http://eprints.ugd.edu.mk/id/eprint/9757

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