Democracy and Institutions in Postcolonial Africa

25 Pages Posted: 1 Aug 2012 Last revised: 27 Apr 2013

See all articles by Alan Green

Alan Green

Stetson University; Lander University

Date Written: April 24, 2013

Abstract

Africa has seen a steady rise in democracy since the end of the Cold War. This paper investigates two possible implications of democratization in African countries: better economic growth through improved institutions and less civil conflict through increased political participation. Instrumental variables regressions parallel to those in the literature are estimated using a new instrument: the spatial lag of democracy. This instrument varies over time, allowing for consideration of country fixed effects in IV regressions. Results show significant effects of democratization on growth and civil conflict in IV regressions with country fixed effects. The overall results indicate that there are positive impacts of institutions on economic growth and of political participation on reducing civil conflict in IV regressions with fixed effects.  

Keywords: democracy, growth, civil conflict, endogeneity, institutions, Africa, fixed effects

JEL Classification: O40, P55, O43, P51

Suggested Citation

Green, Alan, Democracy and Institutions in Postcolonial Africa (April 24, 2013). Available at SSRN: https://ssrn.com/abstract=2120837 or http://dx.doi.org/10.2139/ssrn.2120837

Alan Green (Contact Author)

Stetson University ( email )

Gulfport, FL 33707
United States

Lander University ( email )

Greenwood, SC 29649
United States

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