The effects of democracy on National GDP per Capita: an empirical investigation

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dc.contributor.authorHaimoun, Nathir
dc.contributor.authorUniversity of Lethbridge. Faculty of Arts and Science
dc.contributor.supervisorGhazalian, Pascal
dc.date.accessioned2020-07-31T19:23:58Z
dc.date.available2020-07-31T19:23:58Z
dc.date.issued2020
dc.degree.levelMastersen_US
dc.description.abstractThe growth democracy question has been a subject of fundamental debate for the last few decades. Political regimes seem have been evidently shaping the economic performance, by greatly affecting regulations, enhancing accountability and transparency mechanisms, promoting the well-being of the whole population, and achieving satisfactory performance for the upcoming elections. Hence, this thesis examines the role of democracy in economic growth, by examining its effects on national Gross Domestic Product per Capita (GDPC). It utilizes a novel dataset which includes several democracy variables, such as Representative Government, Fundamental Rights, Checks on Government, and Impartial Administration. We find that the impact of democracy on GDPC is positive and significant. These results come in contrast to lower democracy levels in many emerging markets with relatively high economic growth rates. Finally, the empirical evidence points out that well-established democratic institutions provide economic stability, and they have positive effects on GDPC.en_US
dc.identifier.urihttps://hdl.handle.net/10133/5745
dc.language.isoen_USen_US
dc.proquest.subject0630en_US
dc.proquest.subject0617en_US
dc.proquest.subject0501en_US
dc.proquestyesYesen_US
dc.publisherLethbridge, Alta. : University of Lethbridge, Department of Economicsen_US
dc.publisher.departmentDepartment of Economicsen_US
dc.publisher.facultyArts and Scienceen_US
dc.relation.ispartofseriesThesis (University of Lethbridge. Faculty of Arts and Science)en_US
dc.subjectDemocracyen_US
dc.subjectDemocracy -- Economic aspectsen_US
dc.subjectEconomic developmenten_US
dc.subjectEconomic development -- Political aspectsen_US
dc.subjectGross domestic producten_US
dc.subjectGross domestic product -- Political aspectsen_US
dc.subjecteconomic growthen_US
dc.subjectGross Domestic Product per Capitaen_US
dc.subjecteconomic stabilityen_US
dc.subjectpolitical democracyen_US
dc.subjecteconomic democracyen_US
dc.subjectDissertations, Academicen_US
dc.titleThe effects of democracy on National GDP per Capita: an empirical investigationen_US
dc.typeThesisen_US
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