An empirical investigation of the determinants of democracy: Trade, aid and the neighbor effect

Empirical investigation by dynamic panel data models of the determinants of democracy shows a strong positive neighbor effect. Foreign aid is stabilizing but not inducing democratic development, while there is no significant relationship to openness to trade and income.

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Year of publication:	2011
Authors:	Csordás, Stefan ; Ludwig, Markus
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 110.2011, 3, p. 235-237
Publisher:	Elsevier
Keywords:	Democracy Foreign aid Neighbor effect Panel data

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008866872