Income and Democracy: Evidence from System GMM Estimates
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Income and Democracy: Evidence from System GMM EstimatesFecha de publicación
2012-02-17Editor
ElsevierCita bibliográfica
Heid, B., Langer, J., & Larch, M. (2012). Income and democracy: Evidence from system GMM estimates. Economics Letters, 116(2), 166-169.Tipo de documento
info:eu-repo/semantics/articleVersión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
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 ... [+]
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.
Highlights: We find a statistically significant positive relation between income and democracy. We control for the high persistence of income and democracy using system GMM. Our results are robust across different model specifications and instrument sets. [-]
Derechos de acceso
© 2012 Elsevier B.V. All rights reserved.
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info:eu-repo/semantics/openAccess
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/openAccess
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