S-Space College of Social Sciences (사회과학대학) Institute of Korean Political Studies (한국정치연구소) 한국정치연구 (Journal of Korean Politics) 한국정치연구 Volume 11 Number 1/2 (2002)
Democracy, Economic Growth and Techno-economic Change - Empirical Evidence for Neglected Indirect Effects
- Bornscheir, Volker; Scholtz, Hanno
- Issue Date
- 서울대학교 한국정치연구소
- 한국정치연구, Vol.11 No.2, pp. 201-239
- The relationship between democracy and growth has been extensively debated by a number of scholars, and while the number of studies on the growth effects of democracy grows, the picture seems to get increasingly blurred, not clear: in contrast to. earlier findings, most of the results presented through the 1990s (but all covering earlier data) showed no or even a negative effect of democracy on growth. Through all theses studies, democracy has been discussed only as a single variable concept, often controlling for other societal measures as human capital or political stability. But as we know (and the data show), democratic institutions give rise to a number of societal developments, including education and political conflict resolution, which may foster economic development as well. The paper studies these indirect effects of democracy.
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