AN INVESTIGATION OF DEMOCRACY AND ECONOMIC GROWTH NEXUS: A CASE STUDY FOR D-8 COUNTRIES

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

HEIDARI HASSAN; ALINEZHAD ROGHAYYEH; JAHANGIRZADEH JAVAD

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2014 | Volume:4 | Issue:15 Page(s): 41-60

Download Full-Text

Persian Verion

View:

2,083

Download:

Cites:

Information Journal Paper

Title

AN INVESTIGATION OF DEMOCRACY AND ECONOMIC GROWTH NEXUS: A CASE STUDY FOR D-8 COUNTRIES

Author(s)

HEIDARI HASSAN | ALINEZHAD ROGHAYYEH | JAHANGIRZADEH JAVAD | Issue Writer Certificate

Keywords

DEMOCRACY INDEX (DI)Q1

ECONOMIC GROWTHQ2

PANEL SMOOTH TRANSITION REGRESSION (PSTR)Q2

D-8 COUNTRIESQ2

Abstract

This study aims to investigate the potential threshold effects in the relationship between democracy and ECONOMIC GROWTH for the D-8 COUNTRIES over the period 1996-2011. In this investigation we also introduce other variables including education expenditures, government consumption expenditures, agricultural raw materials exports, inflation rate and index of openness. In order to do this investigation, the paper uses the Panel Smooth Transition Regression (PSTR) model that is appropriate method for describing cross-country heterogeneity. Our results reject the linearity hypothesis, and estimates two regimes that give a threshold at democracy of -0.971. In the first regime, democracy, education expenditure and government consumption expenditure variables have a significantly positive impact on GDP and agricultural raw materials exports, inflation rate and index of openness variables have a significantly negative impact on GDP. At the second regime, democracy, education expenditure, agricultural raw materials exports and index of openness variables have a positive impact and government consumption expenditure and inflation rate variables have a negative impact on GDP. Though, the impact of democracy and education expenditure are increased and the impact of inflation rate dramatically declined and government consumption expenditure, agricultural raw materials exports and index of openness sign have changed between two regimes. Therefore, empirical results confirm the compatibility view.

Cites

No record.

References

Cite

APA: Copy

HEIDARI, HASSAN, ALINEZHAD, ROGHAYYEH, & JAHANGIRZADEH, JAVAD. (2014). AN INVESTIGATION OF DEMOCRACY AND ECONOMIC GROWTH NEXUS: A CASE STUDY FOR D-8 COUNTRIES. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 4(15), 41-60. SID. https://sid.ir/paper/192264/en

Vancouver: Copy

HEIDARI HASSAN, ALINEZHAD ROGHAYYEH, JAHANGIRZADEH JAVAD. AN INVESTIGATION OF DEMOCRACY AND ECONOMIC GROWTH NEXUS: A CASE STUDY FOR D-8 COUNTRIES. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2014;4(15):41-60. Available from: https://sid.ir/paper/192264/en

IEEE: Copy

HASSAN HEIDARI, ROGHAYYEH ALINEZHAD, and JAVAD JAHANGIRZADEH, “AN INVESTIGATION OF DEMOCRACY AND ECONOMIC GROWTH NEXUS: A CASE STUDY FOR D-8 COUNTRIES,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 4, no. 15, pp. 41–60, 2014, [Online]. Available: https://sid.ir/paper/192264/en

Related Journal Papers