Imported Intermediate Goods and Economic Growth Nexus: A Cross-National Analysis

2019 ◽  
Vol 15 (3) ◽  
pp. 255-269
Author(s):  
Kyungmin Kim ◽  
2000 ◽  
Vol 41 (2) ◽  
pp. 225-244
Author(s):  
Edward Kick ◽  
Byron Davis ◽  
Marlene Lehtinen ◽  
Liya Wang

1996 ◽  
Vol 25 (1) ◽  
pp. 95-126 ◽  
Author(s):  
Yi Feng

This article conducts a cross-national analysis of forty sub-Saharan African countries during the years 1960-1992. It examines the long-run relationship between political democracy and economic growth, taking advantage of the availability of large economic and political data sets. The conclusion from this study is that the economy grows faster under a regime that enjoys a higher level of institutionalized democracy. It is also found that a positive feedback relationship exists between democracy and growth; while democracy promotes growth, growth leads to a higher level of democratization. In addition, it is found that the duration of authoritarian rule decreases economic growth, while growth shortens the tenure of an autocratic government. Other factors that account for growth in sub-Saharan African countries include the initial size of the economy, human capital stocks, domestic investment share, and international trade.


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