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- Online events
The 161st meeting jointly organized with International Public Policy Seminar
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Date | 2024.6.21 Fri 13:30 - 15:00 |
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How to apply | Send an email to Ms. Kitabayashi via the address listed below. |
Contact | Ms. Kitabayashi, Institute of Social Science, The University of Tokyo |
The Osaka Workshop on Economics of Institutions and Organizations, OEIO, meets every month to exchange research ideas on institutional and organizational economics. Participants include both people specialized in theoretical research and those in empirical research. Topics of meetings might be about microeconomic theory, macroeconomic theory, or economic history..., whatever on institutional and organizational economics.
Presenter: Yusuke Narita (Yale University)
Title: "Democracy and Growth in the 21st Century”
Abstract: 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.