@article{Zouhaier_Karim_2012, title={Democracy, Investment and Economic Growth}, volume={2}, url={https://www.econjournals.com/index.php/ijefi/article/view/108}, abstractNote={<p>The main purpose of this paper is to identify the relationship between democracy, investment and economic growth for a sample of 11 countries from the MENA region during the period 2000-2009, by using a dynamic panel data model. The democracy’ effect on the contribution of investment to economic growth has been the subject of a second empirical study within the framework of this research paper. The main outcomes drawn by these two empirical tests prove that there is a significant link between on the one hand the democracy and investment and on the other hand between civil liberties and economic growth. The outcomes also highlight a positive interaction between political rights and investment.</p><p><strong><span style="text-decoration: underline;"> </span></strong></p><p><strong>Keywords</strong>: Political rights; Civil liberties; Investment; Economic growth; Dynamic panel</p><p><strong>JEL Classifications: </strong>O43; O47; C23<strong></strong></p>}, number={3}, journal={International Journal of Economics and Financial Issues}, author={Zouhaier, Hadhek and Karim, Kefi Mohamed}, year={2012}, month={May}, pages={233–240} }