Income and Democracy. A Comment on Acemoglu, Johnson, Robinson, and Yared (2008)

Acemoglu, Johnson, Robinson, and Yared (2008) demonstrate that estimation of the standard adjustment model with country-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their empirical approach must produce insignificant income effects and that a small change in the estimation process immediately reveals the strong effect of income on democracy

MoreLess

Year of publication:	2008-10
Authors:	Gundlach, Erich ; Paldam, Martin
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Democracy \| Modernization hypothesis \| fixed-effects estimation

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	9 pages
Classification:	D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; O43 - Institutions and Growth
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005566182