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Osaka Workshop on Economics of Institutions and Organization (#161)

Date:  Friday, June 21, 2024 13:30 to 15:00
*This seminar will be held as a Zoom Meeting.
Please contact【[encode]yuri-kitabayashi(a)iss.u-tokyo.ac.jp[/encode] 】in advance, if you want to participate in the meeting.

Presenter:
Yusuke Narita
(Yale University)

Title: “Democracy and Growth in the 21st Century” 

[su_quote cite=”Abstract: Yusuke Narita”]We find that democracy has negative impacts on GDP growth and night-time light intensity growth in 2001-2022. This finding emergesfrom descriptive and five different instrumental variable strategies. Democracy causes slower growth through lower investment and trade growth, which is consistent with the widespread concern that many electoral democracies become more populist and protectionist in this century. [/su_quote]

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