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: | https://eprints.ugd.edu.mk/id/eprint/9757 |
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