Data/hora: 11/06/2024 03:47:52

Provedor de dados: 	31	
País: 	United States	
Título: 	Democracy and Economic Growth in China: Evidence from Cointegration and Causality Testing	
Autores: 	Narayan,   Paresh Kumar; Smyth,   Russell.	
Data: 	2009-05-21	
Ano: 	2006	
Palavras-chave: 	China; Democracy; Economic growth; International Development; C22; E23.	
Resumo: 	This article considers the relationship between democracy and economic growth in China using the Error-Correction Mechanism test for cointegration, Autoregressive Distributed Lag modelling, Granger causality and dynamic modelling via variance decomposition and impulse response analysis. Our main findings are that in the long run the lack of democracy in China has had a statistically significant negative effect on real income, while in the short run democracy has had a statistically insignificant effect on economic growth. Our results suggest that in the long run growth in capital, labour and democracy Granger cause economic growth, while in the short run there is bi-directional Granger causality between democracy and economic growth.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/50282	
Relação: 	Review of Applied Economics&gt;Volume 2, Number 1, 2006	
Formato: 	18