Special Issue "Selected Papers from 2018 IAC-MEM Conferences"

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (31 December 2018)

Special Issue Editor

Guest Editor
Dr. Radek Kratochvil

Czech Institute of Academic Education z.s. Vestecká 21, 252 42, Vestec, Czech Republic
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Special Issue Information

Dear Colleagues,

The Czech Institute of Academic Education in cooperation with Czech Technical Univerzity in Prague holds international academic conferences in Europe (Austria, Hungary, Czech Republic, etc.). International conferences are organized for more than 5 years. Each year several hundred academics attend the conferences. The topics of our conferences are economics, management, business and marketing. Academic conferences are designed for scientists, educators, and PhD students.

Selected articles from our conferences in 2018 will be published in this Special Issue of journal "Economies". Papers dealing with sustainable growth, development economics, political economics, natural resources, poverty and inequality, or in a wider economic aspect are welcome. All papers will go through strict double-blind peer-review.

The Czech Institute of Academic Education is a non-profit organization established in 2012 that provides educational services and expert advice. The organization has been organizing international academic conferences since 2012. Its main aim is the dissemination of science.

Dr. Radek Kratochvil
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) is waived for well-prepared manuscripts submitted to this issue. Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Published Papers (1 paper)

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Research

Open AccessArticle The Indirect Effect of Democracy on Economic Growth in the MENA Region (1990–2015)
Received: 29 July 2018 / Revised: 8 November 2018 / Accepted: 13 November 2018 / Published: 19 November 2018
PDF Full-text (459 KB) | HTML Full-text | XML Full-text
Abstract
This paper examines the indirect effect of democracy on economic growth using a dataset of 17 MENA countries from 1990 to 2015. Democracy is assumed to affect growth through a series of channels: education, health, physical capital accumulation per labor, government consumption, and
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This paper examines the indirect effect of democracy on economic growth using a dataset of 17 MENA countries from 1990 to 2015. Democracy is assumed to affect growth through a series of channels: education, health, physical capital accumulation per labor, government consumption, and trade openness. A system of six simultaneous equations using 3SLS, is used to estimate the effect of democracy on growth through these channels. For further analysis, the countries are classified into groups according to the democratic status on the one side, and the level of income on the other. The results indicate that democracy enhances growth through its positive effect on health in all classifications of countries within the MENA region. However, the effect of democracy on growth through education and physical capital/labor is non-monotonic. Democracy hinders growth through government size and trade openness. Once all of these indirect effects are accounted for, the overall effect of democracy on growth is negative in less democratic countries and poor countries, but positive in more democratic countries and rich countries. Full article
(This article belongs to the Special Issue Selected Papers from 2018 IAC-MEM Conferences)
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