scholarly journals DEMOCRACY AND GROWTH: A DYNAMIC PANEL DATA STUDY

2018 ◽  
Vol 65 (01) ◽  
pp. 41-80 ◽  
Author(s):  
JEFFRY A. JACOB ◽  
THOMAS OSANG
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Panel Data ◽  
Direct Effect ◽  
Growth Process ◽  
Dynamic Panel Data ◽  
Dynamic Panel ◽  
Explanatory Variables ◽  
Regime Stability ◽  
And Control

In this paper, we investigate the idea whether democracy has a direct effect on economic growth. We use a system GMM framework that allows us to model the dynamic aspects of the growth process and control for the endogenous nature of many explanatory variables. In contrast to the growth effects of institutions, regime stability, openness, geography and macro-economic policy variables, we find that measures of democracy matter little, if at all, for the economic growth process.

Human capital and economic growth revisited: A dynamic panel data study

2002 ◽  
Vol 8 (3) ◽  
pp. 177-187 ◽  
Author(s):  
G. Agiomirgianakis ◽  
D. Asteriou ◽  
V. Monastiriotis
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Panel Data ◽  
Dynamic Panel Data ◽  
Dynamic Panel

scholarly journals Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach

2016 ◽  
Vol 2 (1) ◽  
pp. 65-84 ◽  
Author(s):  
Blanka Šimundić ◽  
Zvonimir Kuliš
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Mediterranean Region ◽  
Dynamic Panel Data ◽  
Dynamic Panel ◽  
The World ◽  
Global Tourism ◽  
The Mediterranean ◽  
Tourism Arrivals ◽  
Growth Hypothesis

AbstractThe Mediterranean region is one of the leading tourism regions in the world accounting for one third of global tourism receipts and half of global tourism arrivals. This paper aims at providing evidence that tourism can be considered as determinant of economic growth in the Mediterranean region. The results support the postulates of tourism led growth hypothesis, thus giving to the policymakers endorses for improving the tourism competitiveness conditions that will boost the economic growth.

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