The Impact of Economic Growth on Democracy, 1960-2014

Whether economic growth leads to increased democratic governance is a highly contested question. Several influential studies show a consistent, positive relationship between the two factors over the past 500 years but mixed and inconsistent effects over the past 40 years. Given that the impact of gr...

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Bibliographic Details
Published inJournal of Global Politics Vol. 14; no. 2; pp. 53 - 86
Main Authors Choi, Seung-Whan, Park, Johann
Format Journal Article
LanguageEnglish
Published 글로벌정치연구소 31.12.2021
Subjects
정치외교학
Online AccessGet full text
ISSN2005-1352
2671-8499
DOI10.35773/JGP.2021.14.2.53

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Summary:Whether economic growth leads to increased democratic governance is a highly contested question. Several influential studies show a consistent, positive relationship between the two factors over the past 500 years but mixed and inconsistent effects over the past 40 years. Given that the impact of growth is uncertain for the shorter period, we perform a battery of empirical analyses for the years 1960-2014 and provide evidence for a negative, not positive, relationship between growth and democracy. This finding is new in the literature and robust regardless of different estimation methods, model specifications, and sample selections. KCI Citation Count: 0
Bibliography:http://gpi.hufs.ac.kr
ISSN:2005-1352
2671-8499
DOI:10.35773/JGP.2021.14.2.53