Seminars & Events

APL (Ajiken Power Lunch)

Democracy-growth dynamics for richer and poorer countries

APL (Ajiken Power Lunch) is a lunchtime workshop open to public, including IDE staffs, visiting research fellows, IDEAS students, outside researchers and graduate students. This workshop provides a platform for presentation of any work in progress where we can discuss in either English or Japanese.

Those who would attend a seminar are asked to announce yourself to receptionists on your arrival at the IDE and to obtain APL Organizers' signature on your admission card after the seminar.

Date&time:

December 21, 2015. (Monday) 12:30-14:00

Venue:
Theme:

Democracy-growth dynamics for richer and poorer countries

Abstract


We study the empirical relationship between democracy and growth using grid-based panel regression and regime-transition frameworks. Our set-up nests several existing approaches, such as Barro (1996) and Gerring et al. (2005), and reconciles their conflicting messages in a more general model. Our main finding is that democracy does cause growth, especially beyond the immediate short-run, by enabling the accumulation of physical, human, social and political capitals. Beyond threshold levels of democratic and economic development, however, there are incentives for de-democratization in order to boost short-run growth at the cost of higher sustained long-run growth.

Speaker:

Heinrich Nax (Department of Humanities, Social and Political Sciences, Eidgenössische Technische Hochschule Zürich)

Chair:

Takuto Sakamoto

Languages:

English

Contact:
Institute of Developing Economies, APL Organizers
KIM, Jiyoung E-mail:Jiyoung_KimE-mail
LEI, Lei E-mail:Lei_LeiE-mail
OSADA, Noriyuki E-mail:Noriyuki_OsadaE-mail



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