
handle: 10419/73774 , 2440/107687
Abstract Does higher income cause democracy? Accounting for the dynamic nature and high persistence of income and democracy, we find a statistically significant positive relation between income and democracy for a postwar period sample of up to 150 countries. Our results are robust across different measures of democracy and instrumentation strategies.
O10, democracy, ddc:330, Demokratisierung, Welt, Income, democracy, dynamic panel estimators, D72, Income, dynamic panel estimators, C33, Demokratie, E21, Sozialprodukt, Schätzung, jel: jel:D72, jel: jel:E21, jel: jel:C33, jel: jel:O10
O10, democracy, ddc:330, Demokratisierung, Welt, Income, democracy, dynamic panel estimators, D72, Income, dynamic panel estimators, C33, Demokratie, E21, Sozialprodukt, Schätzung, jel: jel:D72, jel: jel:E21, jel: jel:C33, jel: jel:O10
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