The Effect of Income on Democracy Revisited A Flexible Distributional Approach
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Other documents of the author: Idzalika, Rajius; Kneib, Thomas; Martinez-Zarzoso, Inmaculada
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comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Title
The Effect of Income on Democracy Revisited A Flexible Distributional ApproachDate
2017-12-26Publisher
SpringerBibliographic citation
IDZALIKA, Rajius; KNEIB, Thomas; MARTÍNEZ ZARZOSO, Inmaculada. The Effect of Income on Democracy Revisited A Flexible Distributional Approach. Empirical Economics (2017), online 26/12/2017Type
info:eu-repo/semantics/articlePublisher version
https://link.springer.com/article/10.1007/s00181-017-1390-7Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
We reexamine the effect of economic development on the level of democ-
racy based on the data sets of Acemoglu et al. (Am Econ Rev 98(3):808–842,
2008)
with a novel regression specification utilizing a zero–one-i ... [+]
We reexamine the effect of economic development on the level of democ-
racy based on the data sets of Acemoglu et al. (Am Econ Rev 98(3):808–842,
2008)
with a novel regression specification utilizing a zero–one-inflated beta distribution for
the response variable democracy. Contrary to the results of Acemoglu et al. (
2008),
some support for a positive association between income and democracy is found when
assuming that the variance of explanatory variables is heterogenous. In particular, our
results show that rising income is associated with a probability of becoming fully
democratic, but income is not generally associated with the mean level of democracy [-]
Is part of
Empirical Economics (2017), online 26/12/2017Investigation project
1) Spanish Ministry of Economy and Competitiveness [ECO2014-58991-C3-2-R]; 2) German research foundation (DFG) via the Project KN 922/4-2.Rights
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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