Journals / Sosyoekonomi / 2009 / Cilt: 9 - Sayı: 9

Effects of Economic Growth on Democratization in Transition Economies: A Panel Data Approach

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Publication Date
2009-06-01
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Whilst democratization level is negatively affected by increasing population, the effect of inflation is ambiguous.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Democratization had occurred in a long historical process and had developed itself by having different evolutions.
📊
Key Findings & Data:It had been claimed that democratization was based on some social conditions until 1959.
💡
Conclusion & Impact:Whilst democratization level is negatively affected by increasing population, the effect of inflation is ambiguous.
🔬Design:Research Article
📍Scope:2005 Verileri
⚙️Variables:Domain Parameters

Abstract

Democratization had occurred in a long historical process and had developed itself by having different evolutions. It had been claimed that democratization was based on some social conditions until 1959. However, Lipset (1959) suggested that democracy is based not only on social conditions but also on economic growth. Relationships between economic growth and democratization have been a significant issue for many studies particularly in the last three decades. Within this study, the effects of economic growth on democratization have been investigated by using a panel data set for 1993-2005 periods for 24 transition economies. According to the estimating results, democratization process is positively affected by income level. Whilst democratization level is negatively affected by increasing population, the effect of inflation is ambiguous.

Özet

Democratization had occurred in a long historical process and had developed itself by having different evolutions. It had been claimed that democratization was based on some social conditions until 1959. However, Lipset (1959) suggested that democracy is based not only on social conditions but also on economic growth. Relationships between economic growth and democratization have been a significant issue for many studies particularly in the last three decades. Within this study, the effects of economic growth on democratization have been investigated by using a panel data set for 1993-2005 periods for 24 transition economies. According to the estimating results, democratization process is positively affected by income level. Whilst democratization level is negatively affected by increasing population, the effect of inflation is ambiguous.

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Cite This Article

BAŞAR, S., GÜLLÜCE, A., YILDIZ, Ş. (2009). Effects of Economic Growth on Democratization in Transition Economies: A Panel Data Approach. Sosyoekonomi, Cilt: 9 - Sayı: 9. https://ajindex.com/articles/139731

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